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Burford Capital closes $500m complex strategies fund

By BFN News | 07:54 AM | Monday 03 July, 2017


Burford Capital affiliate Burford Capital Investment Management has closed a new $500m fund to invest in litigation-related complex strategies. The company said the new fund would invest in assets that Burford believed were mispriced and where value could be realised through recourse to litigation and regulatory processes. It said: "As such, Burford, through this new fund, generally will act as a principal as opposed to financier. "The fund has already invested more than $100 million contemporaneous with its closing." Burford said it regarded its investment strategies as proprietary and would not release information about its underlying investment strategies. Story provided by StockMarketWire.com

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