CDR reports on Burford's "burgeoning business," stating that "The future looks bright for the third-party funder in a year which saw a rise in new commitments and capital deployment alongside a doubling of earnings, and a USD 1 billion external capital-raising programme."
CEO Christopher Bogart says, "'We believe our portfolio is at a turning point, with a potential increase in our realisation rate as more of our capital provision assets resolve. We expect to continue to see strong demand for our capital from tighter financial conditions and an unfolding economic downturn.'"
