Sparkle products are administered by Acasta Europe Ltd.

Acasta Europe Ltd is a private limited company duly incorporated and existing under the laws of the United Kingdom (company no. 07270251) with its registered address at Anglia House, Carrs Road, Cheadle, Cheshire SK8 2LA. Acasta Europe Ltd is authorised and regulated by the Financial Conduct Authority (FCA Reg No.: 599391).

Acasta Europe Ltd also provide administrative services to Acasta European Insurance Company Ltd (company no. 96218), who are regulated and licensed by the Financial Services Commission of Gibraltar and are members of the Financial Services Compensation Scheme & Financial Ombudsman Service in respect of UK Business.

No. However, Sparkle products are administered by Acasta Europe Ltd, who are regulated by the Financial Conduct Authority (FCA Reg No.: 599391).

No. ALF has an important part to play in the litigation funding market but only 9 out of the 40+ funders members of ALF. As Sparkle products are administered by Acasta Europe Ltd who are authorised and regulated by the FCA, Sparkle is happy that due process is followed in administering Sparkle products.

There are no third party or institutional investors behind Sparkle Capital. It is a privately-owned company belonging to the family of Fred Done, the English billionaire best known for BetFred and various other business interests including real estate and insurance.

Typically institutional investors provide investment capital to litigation funders to fund litigation cases. Capital deployment is therefore important as well as generating the target returns that secured the investment capital.

Sparkle Capital have none of these pressure, limitations or restrictions. Cases with legal merits are funded with no variability in the cost, we do not alter prices as pricing does not make a case more or less meritorious.

As such, this makes us easy and straightforward to work with. And as we are never under pressure to fund cases and generate a target return in order to stay in business, we can focus on our customers, being price competitive and creating value for those in the uncertain midst of commercial litigation.

No. If you are seeking ATE Insurance from Acasta as well, this will be part of the same assessment process as securing litigation funding from Sparkle.

Yes. Sparkle is happy to work with other ATE insurers. However, note that even if ATE insurance is with another provider, any Sparkle funding will still require a Financial Guarantee Insurance (FGI) to be taken out with Acasta. The purpose of the FGI is to insure any monies lent by Sparkle, such that if the claim is lost, nothing is repayable to Sparkle.

Yes. However, an ATE policy would need to be in place from another ATE insurer.

No. Sparkle only fund commercial litigation claims on a case-by-case basis.