The financial firepower of the UK’s litigation funders has increased by a quarter in the last year as third parties gear up to fund more businesses pursuing legal disputes.
The balance sheets of the UK’s 20 biggest independent litigation funders rose from £575m in 2015 to £723m last year, according to research from City firm RPC. The trend has seen funders’ assets increase by 55 per cent since 2011, when their combined balance sheet totalled £437m.
One of the largest litigation funders in the UK, the AIM-listed Burford Capital recently announced the acquisition of a US counterpart, Gerchen Keller Capital, fo...
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