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Pound Sterling Conversion Rate for 2024 Final Dividend
Prnewswire· 2025-05-30 11:00
NEW YORK, May 30, 2025 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces the pound sterling conversion rate for its shareholder-approved final dividend for the year ended December 31, 2024 of 6.25 US cents per ordinary share to be paid on June 13, 2025 to shareholders of record as of May 23, 2025.For shareholders electing to receive their dividend in pound sterling, the final dividend is 4.625498 pence per ordinary share, based on t ...
MSCI changes Burford Capital country classification to USA from United Kingdom
Prnewswire· 2025-05-14 12:15
NEW YORK, May 14, 2025 /PRNewswire/ -- Burford Capital Limited ("Burford" or the "Company"), the leading global finance and asset management firm focused on law, notes the announcement by MSCI for the purpose of its MSCI Global Standard Indexes of a change to the country classification of Burford Capital.Implemented as of the close on May 30, 2025, and effective June 2, 2025, Burford will be added to the MSCI USA Indexes and MSCI US Equity Standard and Small Cap Indexes and deleted from the MSCI United King ...
Burford Capital Limited (BUR) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-05-07 16:00
Burford Capital Limited (NYSE:BUR) Q1 2025 Earnings Conference Call May 7, 2025 9:00 AM ET Company Participants Josh Wood - Head, IR Chris Bogart - CEO Jon Molot - CIO Jordan Licht - CFO Conference Call Participants Mark DeVries - Deutsche Bank Alex Bowers - Berenberg Randy Binner - B. Riley Securities Operator [Starts Abruptly] -- and I will be your conference operator today. At this time, I would like to welcome everyone to the Burford Capital First Quarter 2025 Financial Results Conference Call Audio Web ...
Burford Capital(BUR) - 2025 Q1 - Earnings Call Transcript
2025-05-07 14:02
Burford Capital (BUR) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Company Participants Josh Wood - Head of IRChristopher Bogart - Co-Founder, CEO & DirectorJonathan Molot - Co-Founder & CIOJordan Licht - Chief Financial OfficerMark Devries - DirectorRandy Binner - Managing Director Conference Call Participants Alexander Bowers - Associate Director, Equity Research Analyst Operator Ms. Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Burford Capital ...
Burford Capital(BUR) - 2025 Q1 - Earnings Call Transcript
2025-05-07 14:00
Financial Data and Key Metrics Changes - The company reported a significant increase in revenue year over year, with capital provision income up 5x compared to the first quarter of the previous year, and a total of $163 million in realizations [7][25][27] - Earnings per share improved to $0.14, compared to a loss of $0.14 in the same period last year, driven by realized and unrealized gains [21][24] Business Line Data and Key Metrics Changes - The principal finance segment and asset management segment both contributed to the overall performance, with asset management income rising to $14 million from $7 million quarter over quarter [31][22] - New definitive commitments reached $158 million, a significant increase from $55 million in both the first quarters of 2023 and 2024 [27][28] Market Data and Key Metrics Changes - The company noted a healthy deployment of $126 million, with a strong focus on both existing cases and new matters [26][27] - The average discount rate used to present value the portfolio improved by approximately 20 basis points, contributing positively to the financial results [25] Company Strategy and Development Direction - The company emphasized its long-term focus on cash generation and portfolio performance rather than quarterly results, indicating a strategy that balances high-risk and lower-risk investments [8][15] - The management highlighted the importance of adapting to market conditions, stating that periods of economic stress can create opportunities for litigation financing [38][39] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, noting that the current economic environment could lead to increased demand for the company's services as businesses seek capital solutions [38][39] - The company is positioned well with a significant amount of liquidity, allowing for continued investment in new business opportunities [7][32] Other Important Information - The company addressed shareholder concerns regarding the reelection of directors and compensation structures, urging shareholders to consider their recommendations carefully [11][12] - The management discussed ongoing litigation related to YPF and the implications of the IMF agreement, indicating a proactive approach to resolving outstanding debts [17][18] Q&A Session Summary Question: Is the IMF agreement contingent upon addressing the YPF settlement? - The management clarified that while the IMF does not require resolution of debts as a condition for disbursements, there must be good faith efforts to resolve them [47] Question: Can you provide insight into the types of business added in the quarter? - Management indicated that the new commitments included a significant contribution from the launch of a new U.S. Claim family, which is part of their strategy to diversify their portfolio [48][49] Question: Were there other contributing factors to the uplift in YPF related assets? - The increase in valuation was attributed to the growth in the company's interest in the Eaten Park activity, which has been consolidating into their financials [53][54] Question: Is the increase in commitments offsetting deployments? - Management confirmed that while high levels of realizations may lead to periods where the portfolio does not grow significantly, they remain focused on long-term growth [63][66]
Burford Capital(BUR) - 2025 Q1 - Earnings Call Presentation
2025-05-07 12:16
Burford Capital First Quarter 2025 Financial Results May 7, 2025 This presentation is for the use of Burford's public shareholders and is not an offering of any Burford private fund. Notice & disclaimer This presentation (this "Presentation") provides certain information to facilitate review and understanding of the business, financial condition and results of operations of Burford Capital Limited (together with its subsidiaries, the "Company", "Burford", "we", "our" or "us") as of and for the three months ...
Burford Capital(BUR) - 2025 Q1 - Quarterly Report
2025-05-07 12:01
Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q _________________________ (Mark one) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39511 _________________________ BURFORD CAPITAL LIMITED (E ...
Burford Capital(BUR) - 2025 Q1 - Quarterly Results
2025-05-07 12:00
This presentation is for the use of Burford's public shareholders and is not an offering of any Burford private fund. Notice & disclaimer This presentation (this "Presentation") provides certain information to facilitate review and understanding of the business, financial condition and results of operations of Burford Capital Limited (together with its subsidiaries, the "Company", "Burford", " we", " our" or " us") as of and for the three months ended March 31, 2025 and does not purport to be a complete. de ...
Legal Finance in Practice: Expert Perspectives on Managing Legal Risk, Cost and Uncertainty
Prnewswire· 2025-04-30 13:24
New edition of The Burford Quarterly explores how GCs, law firm leaders and private equity professionals are using finance tools to manage high-stakes litigationNEW YORK, April 30, 2025 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases its latest Burford Quarterly, a journal of legal finance that explores the top trends at the nexus of law and finance. As legal finance continues to be used as a transformative resource for both corporations a ...
New Burford Capital Research Reveals Significant Opportunities for Businesses through Patent Monetization
Prnewswire· 2025-04-16 13:03
Nearly 8 in 10 in-house lawyers say their companies are leaving value on the table NEW YORK, April 16, 2025 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases new research on patent monetization, a means for businesses with significant intellectual property to generate revenue from patent assets through licensing, direct enforcement and corporate divestitures. With high research and development costs, long development timelines and intense IP ...