Pravati Capital Expands Leadership Team with Three Strategic Hires to Support Firm Growth and Litigation Finance Innovation

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Sep 24, 2025--

Pravati Capital, a premier litigation finance firm, announced the addition of three accomplished professionals to its leadership team. The new hires underscore the firm’s continued growth and commitment to advancing its proven litigation funding model to produce outsized and uncorrelated returns to investors.

Joining Pravati Capital are Kris Kjolberg as Managing Director & Head of Capital Strategy, Glenn Hill as Managing Director and Garrett Dowling, who has been named to the firm’s new role as Chief Compliance Officer. Together, they bring decades of deep experience across institutional capital, business development, legal expertise and regulatory compliance, further strengthening Pravati’s position as not only a pioneer in litigation finance, but also an innovative partner to law firm clients seeking to maximize outcomes for their plaintiffs.

“As litigation finance continues to emerge as an essential alternative investment class, attracting top talent is critical to our growth strategy,” said Alexander Chucri, Pravati Capital founder and chief executive officer. “Kris, Glenn and Garrett each bring a unique set of skills and proven track records in their respective fields, and we’re thrilled to welcome them to Pravati’s seasoned team.”

As Managing Director & Head of Capital Strategy, Kjolberg oversees allocator engagement, fund positioning and strategic partnership development, driving multi-channel outreach across family offices and independent registered investment advisors (RIAs). He plays a central role in scaling Pravati’s litigation finance platform and evergreen fund initiatives.

Prior to joining Pravati, Kjolberg was partner at NAVCAPital Group LLC, where he consulted RIAs, broker-dealers and other organizations on scalability, risk management and operational efficiencies. As Regional Director for BlackRock’s Global Wealth Management channel, Kjolberg consistently ranked in the top quartile for mutual fund market share. Kjolberg’s expertise also includes leadership roles at Goldman Sachs Asset Management and at Franklin Templeton Investments.

As Managing Director, Hill leverages his extensive institutional sales experience, driving growth across institutional investors, family offices and the RIA community. Prior to Pravati, he served as Director of Global Distribution at Barrow Hanley. There, he focused on the insurance, public, corporate, endowment, intermediary and family office/high-net-worth segments.

As Senior Vice President and Director of Insurance Solutions at Bright Sphere Investment Group, he led sales of its multi-product offering across equity, fixed income and alternative strategies. Hill’s breadth of institutional sales leadership includes positions at McDonnell Investments LLC, GE Asset Management and Standish Mellon Asset Management.

As Chief Compliance Officer (CCO), Dowling oversees Pravati’s compliance program, ensuring adherence to SEC regulations, regulatory filings and internal policy standards. He brings expanded operations experience along with oversight of Pravati’s accounting and finance functions to his new role. Upon joining Pravati in 2022, as Vice President, Investment Operations, he focused on investor relations and raising capital; in this role, he took on broader responsibilities across operations, compliance and strategy, helping strengthen Pravati’s platform for long-term growth.

Dowling began his career in litigation finance at Virage Capital Management, where he served as Senior Operations Analyst. There, he was responsible for accounting, financial analysis, reporting and operations for the firm’s private credit strategy. This role allowed him to gain direct exposure to regulatory reporting, audits and policy creation.

The expansion of Pravati’s leadership team brings the firm’s total number of employees to 15 as the firm scales to close its Fund VI and meet the evolving needs of attorneys, law firms and investors.

About Pravati Capital

Established in 2013, Pravati Capital, LLC is among the oldest litigation finance firms in the U.S., delivering a proven track record as an equalizing force in court and a unique and uncorrelated asset class to investors. Founded by Alexander Chucri, a visionary in developing the industry's first pioneering model of litigation finance in 2003, Pravati Capital brings together a seasoned team with deep experience across law, finance and successful entrepreneurial ventures. The Scottsdale, Ariz.-based firm delivers strategic capital solutions for attorneys and law firms, helps plaintiffs gain access to justice through financial support, and offers accredited investors an attractive asset class designed to perform independently of traditional markets. Pravati’s mission is its namesake: to befriend, help and protect. For more information, visit PravatiCapital.com.

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CONTACT: Media Contact:

Kim Cecere for Pravati Capital

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA ARIZONA

INDUSTRY KEYWORD: CONSULTING LEGAL PROFESSIONAL SERVICES FINANCE

SOURCE: Pravati Capital

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PUB: 09/24/2025 12:30 PM/DISC: 09/24/2025 12:29 PM

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