Burford Capital made its first appearance on the New York Stock Exchange on Monday, becoming the first litigation funder to be publicly listed there.
Shares were up 8.47% after the close of trading.
The listing comes on the heels of a busy year for Burford, which has been traded on the London Stock Exchange since 2009.
The firm recently released its first-half results, which said its portfolio made $478 million in gains in 2020, a 40% increase from the same period last year. Burford said its broader investments and returns climbed to $820 million, a 32% jump.
The funder also ...
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