By Lawdragon News | December 14, 2016 | Press Releases
On December 14, 2016, Burford Capital, LLC announced that it has agreed to acquire Gerchen Keller Capital, LLC.
The combined firm will be the undisputed global leader in finance for law—offering its clients the widest range of flexible and innovative financial solutions, as well as the world’s most experienced and expert legal finance team.
Burford and Gerchen Keller are the two largest litigation finance players in the world. Together, the firms have committed more than $2 billion to investments since their respective inceptions, and when combined, their current portfolios will total more than $1.2 billion in investment assets and commitments. The enlarged business will have more than 80 staff, including 40 experienced lawyers, with the Gerchen Keller team joining Burford and Gerchen Keller’s principals taking on senior roles in the combined business.
For more information about the transaction, click here or visit Burford’s website.