Burford Capital Buys Gerchen Keller - Combined Company Will Be "Largest Funder By Far"

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December 15, 2016

Yesterday it was announced that litigation funder Burford Capital bought out its main rival, Gerchen Keller, for up to $175 million. Gerchen Keller will be rebranded Burford Capital, making the new company the largest funder in the market with more than $1.2 billion in investment assets and commitments, writes The Wall Street Journal.

Gerchen Keller has more than $400 million invested in lawsuits currently being litigated, which typically produces a 52 percent return, according to the companies' joint press release.