Former Allen & Overy senior partner David Morley said that Vannin Capital is “aiming at the top end of the market” as he takes up his new role as chairman of the litigation funder ahead of its planned float on the London Stock Exchange.

In an interview with London-based Legal Week on Monday, the same day that Vannin announced his hire as chairman, Morley said he believed the appetite for litigation funding is growing in a variety of jurisdictions.