Business
Appointment of Joint Broker
Appointment of Joint Broker.
About this update from Burford Capital Limited
[{"type":"text","content":"\n RNS Number : 2211R Burford Capital 18 August 2010 \n \n\n18 August 2010\n \nAppointment of Joint Broker\n \nBurford Capital Limited (LSE: BUR) (\"the Company\" or \"Burford Capital\"), the commercial dispute investor, is pleased to announce the appointment of Execution Noble as the Company's joint broker with immediate effect. Execution Noble will work alongside Fox-Pitt, Kelton in a joint brokership capacity. \n \nFor further information, please contact:\n \n\n\n\n\nFox-Pitt, Kelton Limited\n\n\nNomad and broker\n\n\n\n\nJonny Franklin-Adams\n\n\n+44 (0) 20 3037 5231\n\n\n\n\n\n\n\n\n\n\n\n\nExecution Noble\n\n\nJoint Broker\n\n\n\n\nRichard Crawley\n\n\n+44 (0) 20 7456 9191\n\n\n\n\nNigel Morris-Jones\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFinancial Dynamics\n\n\n\n\n\n\n\nRob Bailhache\n\n\n+44 (0) 20 7269 7200\n\n\n\n\nNick Henderson\n\n\n+44 (0) 20 7269 7114\n\n\n\n\n\n\n\n\n\n\n\n\nwww.burfordcapital.com\n\n\n\n\n\n\n\n \nAbout Burford Capital\n \nBurford Capital's strategy is to create and manage a portfolio of commercial dispute financing investments diversified by duration, claim type, geography and a number of other variables, with the aim of providing shareholders with attractive levels of dividends and capital growth. The Company expects returns to be uncorrelated to general equity market performance. \n \nIn the short term, the Company's focus is on commercial disputes in the United States and on international arbitration matters; in the medium term, the Company may expand its focus to other attractive and suitable jurisdictions.\n \nIn the absence of unforeseen circumstances, the Company anticipates that the net proceeds of its October 2009 IPO should be fully committed within 18 to 24 months of the IPO.\n \nBurford Group Limited acts as Investment Adviser to the Company. The principals of Burford Group Limited are Christopher Bogart, Selvyn Seidel and Jonathan Molot. Mr. Seidel has 40 years of experience as a practising litigator and chaired a variety of litigation and arbitration activities and cases for one of the largest law firms in the world. Mr. Bogart has been a practising litigator, the general counsel of a Fortune 50 corporation managing a portfolio of litigation, and an investment manager. Mr. Molot has been a practising li...