The largest publicly traded litigation finance firm, Burford Capital, has agreed to a $160 million deal to acquire Gerchen Keller Capital, the largest private player in the young and fast-growing industry of financing lawsuits and judgments.
New York-based Burford said the combined businesses have raised more than $2 billion in capital and currently manage a portfolio of more than $1.2 billion in investments. With GKC’s Chicago office, the business will have more than 40 lawyers on staff.
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