Nick Rowles-Davies has been called a few things in his career, but the one that comes directly to mind involves a throwaway line by a member of the Fourth Estate.
“I was once described by a journalist as being a ‘pinstriped ambulance chaser’,” he says. “I took exception to that. I have never owned a pinstriped suit.”
The choice of insult makes sense once you know what he does. Rowles-Davies, a cheery Englishman, is the executive vice-chairman of Sydney-based LCM Finance, one of the world’s oldest litigation finance companies.
Also known as litigation funding, it is an uncorrelated asset class that has been around for a few decades, growing at a steady pace without ever quite catching fire.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
