Founder | Doorway Capital
Steve Din is the founder of Doorway Capital, which is a leading provider of funding and capital to law firms in the UK. As such, Doorway is authorised by the SRA to own, or own shares issued by, firms of solicitors.
Over the last two years, Doorway has advanced close to £50 million to various law firms needing to fund their work-in-progress, case acquisition and even the acquisition of other firms. Over the same period, Doorway has also acquired from other institutions a further £50 million in defaulted debt and invested directly in one personal injury firm: Simpson Millar. Doorway Capital aims to invest considerably more over 2018 specifically targeting (a) personal injury firms looking to grow, (b) turnarounds, insolvencies and restructuring opportunities as well as (c) acquiring shareholdings in those law firms looking for a longer term relationship with Doorway.
That said, most of Steve’s career has actually been spent in investment banking. He was a managing director for Morgan Stanley where he advised on a number of high profile transactions including the hostile bid by Punch Taverns to acquire Allied Domecq’s retail drinks’ business, a hostile bid by Bank of Scotland for NatWest, the restructuring of GPA Group (including over 200 separate aircraft facilities) and the financing of several major infrastructure projects including the Canary Wharf development and a large stretch of the M6 motorway. Steve was also responsible for high profile financing the Formula One business. After leaving Morgan Stanley, Steve joined Citigroup as a managing director and Head of European Restructurings where he advised on several major restructurings including those of British Energy, Le Meridien Hotels, Marconi, NTL and Telewest.
Steve has written on the subject of corporate restructurings for a number of law journals including the Journal of International Banking Law. Steve has a LL.B (Honours) in Business Law and a number of post-graduate qualifications in law and corporate finance. The little spare time Steve has left in his life after driving his children around to school, clubs and to see friends is spent watching the New York Giants play football