Burford Capital made USD1.3 billion in new investment commitments in 2017, more than triple its 2016 level.
The new commitments reflect a number of dynamics in Burford’s business: continued growth in demand for capital in its core litigation finance business; access to capital through direct balance sheet investing and its new investment management business; and continued expansion of Burford’s product offerings and investment strategies.
Christopher Bogart, Burford’s Chief Executive Officer, says: “We are delighted with the growth of the business in 2017. The new commitments made during the year have the potential to generate significant future income in the years to come and reflect a robust legal finance market that Burford continues to lead.”
