Financial Data and Key Metrics Changes - Burford Capital reported a strong first half of 2020, achieving $423 million in group realizations with a 56% internal rate of return (IRR) and a return on invested capital of 194% [5] - The company has generated over $1.6 billion in investment recoveries over 11 years, maintaining a consistent IRR of 32% and a nominal return on invested capital of 97% [5][22] - Cash balances increased significantly, with $281 million in receivables at June 30, which have begun to convert into cash [47][48] Business Line Data and Key Metrics Changes - The capital provision direct portfolio generated $272 million in realizations during the first half of 2020, contributing to $173 million in realized gains [42] - The capital provision indirect assets provided $170 million in cash receipts, demonstrating their role as a medium-term liquidity source [45] - The company reported zero contributions from YPF-related assets in the first half of 2020, highlighting the strength of non-YPF assets [16] Market Data and Key Metrics Changes - The competitive landscape for litigation finance has seen increased capital influx, but Burford maintains a robust market position [55] - The pandemic has caused delays in litigation processes, but the company expects a return to historical patterns as the legal environment normalizes [34][36] Company Strategy and Development Direction - Burford is focused on expanding its investor relations team to leverage its recent U.S. listing, which is expected to enhance access to domestic investment capital [8][9] - The company aims to capitalize on the growing demand for litigation finance, which has been historically underserved by capital markets [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing the potential for increased litigation arising from the pandemic and the economic disruption it has caused [66][70] - The company anticipates that the volume of disputes will rise in the coming years, similar to the aftermath of the financial crisis [36][70] Other Important Information - Burford has completed its U.S. listing process, with shares set to trade on the New York Stock Exchange starting October 19 [3][8] - The company has maintained a conservative leverage position, with a net debt to tangible assets ratio of 14% [49] Q&A Session Summary Question: Update on YPF and potential impact from Argentina debt restructuring - Management confirmed that YPF cases are progressing in the trial court, with no impact from the debt restructuring on litigation claims [53][54] Question: Changes in the competitive environment for litigation finance - Management noted an increase in capital entering the market but emphasized that Burford's leadership position remains strong [55][56] Question: Creditworthiness of defendants and timing of receipts - Management assured that there are no concerns regarding the creditworthiness of defendants and that timing is dependent on court processes [60][62] Question: Comparison of current economic disruption to the global financial crisis - Management indicated that the pandemic has created a broader range of litigation opportunities compared to the financial crisis, particularly in breach of contract claims [66][70] Question: Potential shift in portfolio mix due to increased litigation finance questions - Management stated that they are opportunistic and will allocate capital based on the best available opportunities, with a cautious approach to complex strategies until market conditions improve [67][68]

SEPTEMBER 2020 Investor presentation First half 2020 results This presentation is for the use of Burford's public shareholders or bondholders and is not an offering of equity interests, bonds, or any other securities of Burford or of any fund sponsored by Burford. | Burford Notice & disclaimer 2 This presentation ("Presentation") does not constitute or form part of, and should not be construed as, an issue for sale or subscription of, or solicitation of any offer or invitation to subscribe for, underwrite o ...

Burford Capital Ltd (BRFRF) Q4 2019 Earnings Conference Call April 28, 2020 9:00 AM ET Company Participants Christopher Bogart - CEO Jonathan Molot - CIO James Kilman - CFO Conference Call Participants Justin Bates - Canaccord Genuity Brian Flynn - Shannonside Capital Operator Good morning and good afternoon to everyone, and welcome to the Burford Capital 2019 Full Year Results Webcast. My name is Seb, and I'll be the operator on your call today. [Operator Instructions]. Today, on this call, we are joined b ...

Burford Capital Limited (BRFRF) Q2 2019 Results Earnings Conference Call July 25, 2019 9:00 AM ET Company Participants Christopher Bogart - Chief Executive Officer Jonathan Molot - Chief Investment Officer Elizabeth O'Connell - Chief Financial Officer Conference Call Participants Julian Roberts - Jefferies Trevor Griffiths - N+1 Singer Neil Welch - Macquarie Jonathan Rodgers - Engadine Partners Melwin Mehta - Sterling Investments Christopher Bogart Thanks very much for joining and hello everyone, good after ...

I N V E S T O R P R E S E N T A T I O N 1 H 2 0 1 9 R E S U L T S 2 5 J U L Y 2 0 1 9 This presentation is for the use of Burford's public shareholders and is not an offering of any Burford private fund. Highlights Interim dividend 70% 60% 76% 85% 98% 28% 27% 31% 30% 32% 2015 2016 2017 2018 1H19 Portfolio returns $41 $76 $176 $205 $287 1H15 1H16 1H17 1H18 1H19 Income ($ in millions) $101 $104 $186 $299 $184 $126 $310 1H15 1H16 1H17 1H18 1H19 Cash Receipts ($ in millions) 2.33 2.67 3.05 3.67 4.17 1H15 1H16 1 ...

Burford Capital Limited (BRFRF) Q4 2018 Earnings Conference Call March 13, 2019 10:00 AM ET Company Participants Christopher Bogart - Chief Executive Officer Jonathan Molot - Chief Investment Officer Elizabeth O'Connell - Chief Financial Officer Conference Call Participants Trevor Griffiths - N+1 Singer Advisory LLP Neil Welch - Macquarie Bank Daniel Lasry - Engadine Partners LLP Operator Hello, and welcome to the Burford Capital Full-Year Results 2018. [Operator Instructions] I'd now like to hand over to y ...

I N VESTOR PRESE NTATION 2 0 1 8 R E S U L T S 1 3 M A R C H 2 0 1 9 This presentation is for the use of Burford's public shareholders and is not an offering of any Burford private fund. Burford's equity performance Burford has generated significant returns for its shareholders Total shareholder return 2018 5-year Since Burford's 2009 inception | --- | --- | --- | --- | --- | |--------------------------|-------|--------|-------|--------| | Burford | 45% | 1,394% | | 1,845% | | FTSE All-Share Index | (10%) | ...