This morning, Burford issued an announcement giving an update on its investment commitments in 2017. The second half of the year produced almost twice as much in the way of commitments compared with the first. The total for the year of $1,343.5m, compares with $488m in 1H2017, giving $855m of new commitments for the second half. Of the total, $698.3m (52%) were balance sheet commitments, with the remainder for funds and other vehicles. Investors should note that cash invested will have been lower, but these figures have not been disclosed.
10 Jan 2018
Continued evidence of growth
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Continued evidence of growth
Burford Capital Limited (BUR:LON) | 1,254 -112.8 (-0.7%) | Mkt Cap: 2,741m
- Published:
10 Jan 2018 -
Author:
Brian Moretta -
Pages:
6
This morning, Burford issued an announcement giving an update on its investment commitments in 2017. The second half of the year produced almost twice as much in the way of commitments compared with the first. The total for the year of $1,343.5m, compares with $488m in 1H2017, giving $855m of new commitments for the second half. Of the total, $698.3m (52%) were balance sheet commitments, with the remainder for funds and other vehicles. Investors should note that cash invested will have been lower, but these figures have not been disclosed.