Technology & Media Editor

US litigation fund manager Burford Capital more than doubled its pre-tax profits in 2012, as its UK business contributed "handsomely" to a "splendid" year for the firm.

The firm, which offers litigation finance and insurance, saw its profits before tax, acquisition and reorganisation costs jump to $34.1m in 2012, from $15.9m in 2011, according to its year-end results published today.

Profits double in 'splendid' year for Burford

Litigation fund manager Burford Capital more than doubled its profits in 2012 – in a year in which its UK business contributed 'handsomely'

Sarah Krouse

Burford Capital

London Stock Exchange

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