It's time to declare third-party litigation financing a bona fide investment class: Invesco and Fidelity snapped up shares in Burford Capital, a fund whose personnel includes two former Time Warner GCs and three retired Latham litigation partners. Burford plans to invest in U.S. commercial litigation and international arbitration.
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New Litigation Financing Fund Raises $130 Million in London IPO
October 16, 2009
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