CHICAGO – Statera Capital, the leading U.S. commercial litigation financing source for mid-sized investments, today announced that Stewart Ackerly has joined the company as Director for Client Engagement, Investment Development, and Public Policy. Stewart will focus primarily on originating investments and otherwise meeting clients’ financing needs. He will also spearhead Statera’s public policy and best practices initiatives, which embody Statera’s leadership role in industry ethics.
Stewart is a distinguished lawyer with unique private and public sector experience. Stewart began his legal career clerking for Judge Karen LeCraft Henderson on the U.S. Court of Appeals for the D.C. Circuit. After his clerkship, he joined Williams & Connolly LLP, one of the world’s preeminent litigation law firms, where he represented Fortune 50 companies, sovereign nations, and other clients in complex commercial litigation. Stewart has also served as Chief of Staff at the United States International Development Finance Corporation, a $60 billion development bank that facilitates financial solutions to critical challenges in emerging markets. Before that role, Stewart served as Deputy Chief of Staff at the Office of the U.S. Trade Representative.
Stewart received his B.A. and J.D. from the University of Virginia, where he received numerous honors. In law school, he graduated Order of the Coif and served on the Law Review and as the Student Member of the Board of Visitors. He also received the Gray-Carrington Memorial Scholarship, Ernest H. Ern Distinguished Student Award, and Raven Award.
“We are fortunate to welcome Stewart to Statera,” said Andrew Woltman, Statera’s Co-Founder and Managing Director. “Stewart is a uniquely impressive individual, with highly relevant litigation experience and a demonstrated ability to execute. As demand for commercial litigation finance continues to grow, Stewart will help ensure that Statera continues to meet this demand and that our clients continue to receive unparalleled service. We are also proud to lead our industry by empowering Stewart to develop and administer Statera’s public policy initiatives.”
About Statera Capital
Statera Capital is a leading legal financing source for mid-sized investments. With proprietary deal origination and evaluation strategies, the firm deploys capital responsibly across a breadth of commercial claims, including breach of contract, business torts, intellectual property, insolvency, unfair competition, and qui tam. Statera invests at all dispute phases from pre-suit through trial, appeal, and monetization. While the firm will consider investments of any size, it particularly focuses on claims requiring less than $3 million in funding. More than just capital, Statera is a reliable partner that delivers creative solutions to our clients. For more information, visit www.stateracap.com.