Investing Together To End Grand Corruption: How Restitution Combines Asset Management, Litigation Funding And Impact Investment To Return Stolen Patrimony To Sovereign Nations
Approximately a trillion dollars every year is stolen through illicit financial flows with a significant proportion from newly democratic, post-conflict and/or emerging market governments through “the architecture of corruption”. Redress for victims has traditionally focused on criminal prosecution, leaving billions of dollars of potential civil claims on the table. In this session, Katherine and Elizabeth will explain firstly why newly democratic, post-conflict and transparency-focused governments have not leveraged existing litigation funding solutions. Secondly, they will discuss how Restitution Capital, as the first litigation impact asset manager, is meeting this untapped need, working with government partners to develop and monetise claims portfolios worth billions of US dollars. Finally, they will discuss how the funds are structured to ensure that recovered assets are used transparently and accountably and with impact, which can include anything from combatting climate change, to setting up stabilisation funds, to helping countries get a better deal on sovereign debt restructuring.
For more information on this Webinar, including the presentation slides, see the event page here: https://fsclub.zyen.com/events/past-e...
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