Burford Fund Goes Public in Britain - $ 130 Million Raised for Litigation Funding

Regardless of what some may think, investors apparently like the idea of litigation as an investment vehicle. The proof ? Burford Capital this week succeeded in raising $ 130 million in its IPO.

Here is an Am Law article by Alison Frankel in which she declares: "It's time to declare litigation financing a bona fide investment class."

Here is the link to a Bloomberg story on Burford's IPO.