Cohen and other new hires will help steer and strengthen the firm's plans for growth, while expanding its footprint to key markets including New York, Los Angeles and Dallas. As the company scales, its strategy will remain on developing attractive alternative investment funds that offer solid returns at a low risk given that assets are not related to the economic cycle.
Cohen brings 30 years of experience to his new role including time spent as the Senior Legal Director at PepsiCo, where he was responsible for sales and antitrust matters in its Frito-Lay subsidiary. He also was an Associate General Counsel at Verizon and is a former U.S. Army Field Artillery Officer. He previously served as a Special Assistant to the Attorney General of Texas and as a judicial law clerk for a judge of the United States Court of Appeals for the Fifth Circuit.
In a press release about Pravati Capital's recent hires, including Cohen, CEO Alex Chucri stated, "We are thrilled to welcome these accomplished individuals and look forward to the value they will add to our insight and practice. Our clients are our top priority and we are confident these additions will enhance our company as we continue to grow and offer exceptional service as we expand our practice of finance litigation."
Cohen said, "I've really enjoyed the challenge of learning about litigation finance and explaining it to law firms and legal departments, many of whom really didn't know it existed, let alone the ways it could help their practice and their teams. It's still a nascent business in many respects, and I look forward to helping it grow."