Burford Capital(BUR)
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Burford Capital(BUR) - 2022 Q1 - Quarterly Report
2022-03-28 16:00
29 March 2022 Exhibit 99.1 BURFORD CAPITAL REPORTS FULL YEAR 2021 RESULTS; RECORD LEVELS OF BALANCE SHEET DEPLOYMENTS Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces its financial results for the year ended December 31, 2021. The Burford Capital 2021 Annual Report, including financial statements (the "2021 Annual Report"), is available at the following link: [LSE URL] or at Burford's website www.burfordcapital.com/shareholders. In addition, a new ...
Burford Capital(BUR) - 2021 Q2 - Earnings Call Transcript
2021-09-09 20:26
Burford Capital Limited (NYSE:BUR) Q2 2021 Earnings Conference Call September 9, 2021 10:00 AM ET Company Participants Christopher Bogart - Chief Executive Officer Jon Molot - Chief Investment Officer Ken Brause - Chief Financial Officer Conference Call Participants David Chiaverini - Wedbush Securities Julian Roberts - Jefferies International Ltd Andrew Shepherd-Barron - Peel Hunt Operator Hello. And welcome to the Burford Capital Interim 2021 Results Call. On the line with me today is Christopher Bogart, ...
Burford Capital(BUR) - 2021 Q2 - Earnings Call Presentation
2021-09-09 14:36
SEPTEMBER 9, 2021 Burford Capital Interim 2021 results This presentation does not constitute an offer to sell or the solicitation of an offer to buy any Burford fund. | Burford Notice & disclaimer 2 This Presentation provides certain information to facilitate review and understanding about the business, operations and results of Burford Capital Limited (the "Company") during the six-months ended June 30, 2021, and does not purport to be a complete description of the Company's business or results. The inform ...
Burford Capital(BUR) - 2020 Q4 - Earnings Call Transcript
2021-03-24 19:04
Burford Capital Limited (NYSE:BUR) Q4 2020 Results Conference Call March 24, 2021 10:00 AM ET Company Participants Christopher Bogart - Chief Executive Officer Jon Molot - Chief Investment Officer Jim Kilman - Chief Financial Officer Conference Call Participants James Hamilton - Numis Securities Portia Patel - Canaccord Rick Roberts - Vulcan Capital Operator Ladies and gentlemen, welcome to the Burford Capital 2020 Earnings Call for Investors and Analysts. My name is Ruby, and I will be your moderator for t ...
Burford Capital(BUR) - 2020 Q4 - Earnings Call Presentation
2021-03-24 19:01
MARCH 2021 Investor presentation Full year 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 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 or other ...
Burford Capital(BUR) - 2020 Q4 - Annual Report
2021-03-23 16:00
Burford Capital Limited Jim Kilman, Chief Financial Officer +1 917 985 9840 Robert Bailhache, Head of Investor Relations, EMEA and Asia - email +44 (0)20 3530 2023 Jim Ballan, Head of Investor Relations, Americas - email +1 (646) 793 9176 Numis Securities Limited - NOMAD and Joint Broker +44 (0)20 7260 1000 Kevin Cruickshank (NOMAD) Charlie Farquhar / Jonathan Abbott (Joint Broker) Jefferies International Limited - Joint Broker +44 (0)20 7029 8000 Graham Davidson Tony White 24 March 2021 Exhibit 99.1 BURFOR ...
Burford Capital(BUR) - 2020 Q4 - Annual Report
2021-03-23 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark one) FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...
Burford Capital(BUR) - 2020 Q2 - Earnings Call Transcript
2020-10-01 20:05
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]
Burford Capital(BUR) - 2020 Q2 - Earnings Call Presentation
2020-10-01 12:19
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(BUR) - 2019 Q4 - Earnings Call Transcript
2020-05-03 16:02
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 ...