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Burford Capital, LCM Finance, Manolete Partners are all publicly listed companies in the UK that do this (iirc, there was a change in the law a few years ago th
by hogFeast 7y ago
Burford Capital, LCM Finance, Manolete Partners are all publicly listed companies in the UK that do this (iirc, there was a change in the law a few years ago that meant this industry really started at scale in the UK).
I have never liked the business, frankly lawyers are scummy and will (if given enough time) screw you eventually, but it exists (btw, Burford Capital are known for taking liberties with their reporting to investors...which kind of proves the point).