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Institutional Investor cites “growing popularity” of legal finance on heels of Burford funding announcement

In coverage of Burford’s announcement of securing $1.6 billion for new litigation investments, Institutional Investor cites the growth of legal finance: “Litigation finance, once known as a niche product area, has grown in popularity in the past year.” Burford CEO Chris Bogart is quoted: “Burford’s unique ability to attract a large-scale commitment from a sovereign wealth fund and to close a new investment fund with capital from institutional investors underscores its distinction as industry leader.”

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