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.
New Litigation Financing Fund Raises $130 Million in London IPO
October 16, 2009
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