Burford Touts Management Moves, Potential NY Listing and End to Investor Class Action
Newly promoted co-COO David Perla said Burford's business right now is "better than it's ever been."
January 07, 2020 at 03:07 PM
3 minute read
The original version of this story was published on The American Lawyer
Litigation funding giant Burford Capital is kicking off the new year by announcing new management changes, teasing a potential New York listing and celebrating the end of a securities class action lawsuit linked to the company's relatively rocky 2019.
Senior managing director Aviva Will and managing director David Perla have been promoted to co-chief operating officers in New York, where they will oversee Burford's global marketing, origination and underwriting teams, the company said Tuesday. Mark Klein, Burford's general counsel, is also now the firm's chief administrative officer. Craig Arnott, the firm's London managing director, was promoted to deputy chief investment officer.
Perla said the promotions were part of an effort by Buford to "fully coordinate our business on a global basis," integrate its origination and underwriting teams, and bolster its investment management capabilities.
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