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Burford Capital delighted with growth in 2017

By BFN News | 09:04 AM | Wednesday 10 January, 2018

Burford Capital said it made $1.3bn in new commitments in 2017, more than triple its 2016 level. It said the new commitments reflected 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. Chief executive Christopher Bogart said: '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.' At 9:04am: (LON:BUR) Burford Capital Ltd share price was +47p at 1151p Story provided by

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