2 October 2014
BURFORD CAPITAL APPOINTS NEW STRATEGIC COMMUNICATIONS CONSULTANCY
Neustria's multi-stakeholder financial communications to add impetus to Burford's growth
Burford Capital Limited ("Burford"), the world's largest provider of investment capital and risk solutions for litigation, today announces that it has appointed Neustria Partners LLP ("Neustria"), a specialist corporate communications consultancy focused on the financial services sector, as its sole financial communications adviser in the UK.
Neustria is a new London-based strategic consultancy formed by experienced corporate and agency communicators who have more than 40 years' cumulative experience acting for over 70 UK and international financial services groups, including advising Burford Capital on its successful initial public offering and admission to London Stock Exchange's AIM in 2009.
The appointment of Neustria Partners is expected to reinforce Burford's communication of the benefits of its diverse range of corporate finance solutions, which go significantly beyond traditional litigation funding by providing firms with debt, risk transfer or insurance, as well as equity finance.
Burford Capital plans to deploy the proceeds of its $150 million sterling retail bond issue in July in litigation finance activities. The capital raising increased Burford's asset base to $500 million and brought cash on hand to more than $200 million.
Christopher Bogart, CEO, Burford Capital said:
"Burford is delighted to be reuniting with the team that did its IPO. Our rapid growth since then positions us perfectly to take advantage of Neustria's specialist and innovative communication solutions, which we expect to give further impetus to the progress we are making. Neustria's strategic multi-stakeholder approach is appealing to us, as we aim to continue our historical success. We look forward to working with the team again."
Robert Bailhache, Managing Partner, Neustria Partners said:
"The litigation finance market has grown rapidly but remains in its infancy. As the largest provider of third party capital, Burford plays a key part in facilitating access to justice for smaller firms through market solutions, balancing the interests of claimant, defendant and the economy, while generating uncorrelated returns for investors. Neustria will aim to take this message to a wider audience."
For further information, please contact:
Christopher Bogart, Burford Capital +1 (212) 235 6820
Robert Bailhache, Neustria Partners +44 (0)20 3021 2581
robert.bailhache@neustriapartners.com
About Burford Capital
Burford Capital is the world's largest provider of investment capital and risk solutions for litigation with the largest and most experienced dedicated team in the industry. Burford is publicly traded on the London Stock Exchange's AIM market under the ticker symbol BUR. Burford provides a broad range of corporate finance and insurance solutions to lawyers and clients engaged in significant litigation and arbitration around the world. For more information about Burford, visit www.burfordcapital.com
About Neustria Partners
Neustria Partners is a consultancy based in London providing specialist corporate communications and reputation management services to the financial services industry. The founding partners of Neustria bring more than 40 years' cumulative communications experience of advising over 70 UK and international financial services groups from the vantage points of both senior corporate and consultancy roles. Neustria is an independent consultancy wholly owned by its founding partners. For more information about Neustria, visit www.neustriapartners.com