Type Public Industry Financial Services Website www.burfordcapital.com Headquarters New York City, London | Traded as BUR:LN Products Litigation finance Founded 2009 Subsidiaries Burford Capital PLC | |
 | ||
Stock price BUR (LON) 716.00 GBX +6.00 (+0.85%)6 Mar, 5:30 PM GMT - Disclaimer Founders Jonathan Molot, Christopher Bogart | ||
Executive interview burford capital
Burford Capital, founded in 2009, operates as a finance and professional services company worldwide with principal offices in New York and London. The company offers a range of corporate finance and insurance solutions to lawyers and clients engaged in litigation and arbitration.
Contents
- Executive interview burford capital
- How burford capital does litigation finance
- Financials
- London Stock Exchange
- History
- People
- References
The Company has two operating business segments which include Litigation Investment and Litigation Insurance. The Litigation Investment segment consists of litigation and arbitration-related investment activities anywhere in the world. The Litigation Insurance segment consists of litigation insurance activities limited to the United Kingdom and Channel Islands.
How burford capital does litigation finance
Financials
In its 2013 financial year Burford deployed $62 million (£36 million) of capital in legal cases and generated a 25% increase in profits before tax to $42.5 million, up from $34.1 million in 2012.
The company reported a 23% increase in revenue from litigation in the 2014 calendar year, up 23% from 2013. Total income of $82 million was up 34% from 2013 after increased revenue from its insurance unit.
Burford raised $150 million in a public debt deal in 2014.
London Stock Exchange
Burford has been publicly traded on the London AIM Stock Exchange (BUR:LN) since October 2009 and issued further shares in a follow-on in 2010. The company currently has 204.5 million shares outstanding.
History
Burford Capital was founded by Christopher P. Bogart and Jonathan T. Molot on September 11, 2009 and is headquartered in St. Peter Port, Guernsey.
In February 2012, Burford acquired the UK based litigation insurance provider, Firstassist, and launched its UK litigation finance business.
In January 2015, Burford acquired one of its indirect subsidiaries, Focus Intelligence Ltd., a business intelligence firm that specialized in asset tracing and judgment enforcement.
People
United States Management Team
CEO and Co-Founder: Christopher Bogart
Co-founder and Chief Investment Officer: Jonathan Molot