Bloomberg Law reports on the secondary deal market in legal finance. In the article, Burford CEO and co-founder Christopher Bogart says that Burford "has done more than $350 million worth of secondary transactions for 'risk management reasons.'"
“'We are still in the early innings in terms of market and investor sophistication and pricing, which will need to evolve considerably before this can become mainstream,' [Bogart added, referring to] secondary transactions. 'Certainly having Adam Gerchen—a veteran of the space—pushing this agenda, will help in doing so.'"
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