How it works
Portfolio finance gathers multiple matters in a single capital facility. Capital can be used to fund legal costs associated with the underlying matters or for unrelated business needs.
Capital is typically provided on a non-recourse basis, meaning that Burford assumes downside risk and earns its investment back and a return only in the event of successful resolution. The matters within the portfolio can be a mix of claims and defense, large and smaller matters and different dispute types. Because risk is diversified, cost is often lower.