Delta Capital Partners Management LLC announces that Peter Cornell has joined Delta as president and member of Delta’s management and investment committees; as well as the promotion of Martin Lueck from chief underwriting officer to chief operating officer of Delta.
Mr. Cornell will be based in London and oversee capital market activities and international operations for Delta, and also will work closely with Delta’s senior management to enhance deal origination, investor relations, and strategic initiatives. Mr. Cornell has served as a Founding Partner and member of the Investment Committee of Metric Capital Partners, a special situations fund advisor focused on European investments with over €2.5 billion under management. Mr. Cornell has also served as a non-executive chairman of Augusta Securities Limited, the largest UK funder by number of cases, which has raised more than $350 million of capital.
Prior to co-founding Metric, Mr. Cornell served as a managing director and member of the Investment Committee of Terra Firma Capital Partners, a large European-based private equity firm, where Mr. Cornell oversaw stakeholder and investor relations, and the firm’s relationship with regulators, governments, banks, and the media.
Mr. Cornell began his professional career at the law firm of Clifford Chance, where he spent nearly 32 years and served as global managing partner of the firm for a number of years. During Mr. Cornell’s tenure at the firm, he played a key role in expanding the firm from its UK origins to a global player with over 3,500 lawyers in 30 offices, and in the process, he became a trusted advisor to the CEOs and Boards of some of the world’s largest companies and financial institutions. More than 15 years after leaving law, Mr. Cornell remains a frequent speaker and guest lecturer at major law firm and legal industry events.
Christopher DeLise, Delta’s Founder, CEO and CO-CIO, stated, “Delta is very proud to welcome Peter as its President as he is a recognized expert in law, private equity, and litigation finance. We believe that there is no one in our industry with the pedigree and breadth and depth of knowledge that Peter has, and that his oversight of capital market activities and international operations for Delta will enable the firm to fulfill its vision of becoming one of the preeminent global litigation funders. The addition of Peter nicely complements the other members of our senior management team that have joined Delta over the past 20 months, including Marty Lueck, former chairman of Robins Kaplan; Daniel Bond, former partner at Kirkland & Ellis; Gabriel Olearnik, former partner at Kochanski & Partners; and Michael Makridakis, former office managing partner of Carey Olsen Hong Kong. Any funder would be thrilled to have one of these outstanding attorneys join its team, but to have all of them at Delta is simply incredible.”
Mr. Lueck joined Delta in early-2020 after retiring as Chairman from Robbins Kaplan. Christopher DeLise noted that, “Marty has done a tremendous job over the last 12 months in building his knowledge base and experience with litigation finance. In so doing, he has earned the trust and respect of the Management Committee and Delta’s employees across the globe. Therefore, his promotion to COO is well-deserved and welcomed by the entire Delta organization.”