In an article on Burford’s latest equity raise, Litigation Futures highlights the company’s “extraordinary growth”. In addition, the coverage notes that Burford plans to use some of the $250 million to grow its team in the US and abroad to continue addressing demand for its capital. Burford CEO Chris Bogart is quoted in the coverage:
“We are delighted with the strong response from current and new shareholders to this modest expansion of our equity capital… It remains important to us that we both optimize our capital structure and retain a conservative balance sheet. We remain excited about the opportunities we see to deploy capital in legal finance.”