Travis Lenkner rejoins Burford Capital in newly created Chief Development Officer role
Rhea-AI Summary
Burford Capital, a leading global finance and asset management firm focused on law, has announced the return of Travis Lenkner as Chief Development Officer. In this newly created role, Lenkner joins the Management Committee and will be based in London. His responsibilities include:
1. Identifying and executing strategic initiatives for growth
2. Focusing on law firm equity investments
3. Exploring alternative delivery of legal services
4. Advancing legal tech, including AI
Lenkner, a seasoned executive in legal finance, previously co-founded Gerchen Keller Capital (acquired by Burford in 2016) and Keller Lenkner His appointment aligns with Burford's commitment to modernizing the legal field and driving business growth.
Positive
- Appointment of experienced executive Travis Lenkner as Chief Development Officer
- Focus on strategic initiatives for growth, including law firm equity investments and legal tech
- Strengthening of the Management Committee with industry expertise
Negative
- None.
News Market Reaction
On the day this news was published, BUR declined 0.68%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Based in
Mr. Lenkner is a longtime global leader in the legal finance market, including as a launch partner of Gerchen Keller Capital, which Burford acquired in 2016. More recently, he co-founded and was Managing Partner of Keller Lenkner LLC; he also co-founded and was a Director of the firm's European counterpart. In addition, he was Senior Counsel at The Boeing Company and a litigation and appellate attorney at Gibson, Dunn & Crutcher LLP. Mr. Lenkner was also a clerk for Justice Anthony M. Kennedy at the Supreme Court of
Christopher Bogart, CEO of Burford Capital, says: "We are pleased to welcome Travis Lenkner back as a member of the Management Committee in the newly created role of Chief Development Officer, where he will be focused on the continued growth of Burford's business. Travis has had a tremendous impact as a leader in law and legal finance, which includes the impact he made while previously at Burford. The legal field is generally slow to change but Burford remains committed to being at the forefront of its modernization, including changes related to equity investments in law firms and new technology such as AI. As a seasoned executive who has spent much of his career in legal finance, Travis shares Burford's commitment to advancing the business of law, and we at Burford welcome his leadership and unique perspective as our business continues to grow."
About Burford Capital
Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and it works with companies and law firms around the world from its offices in
For more information, please visit www.burfordcapital.com.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.
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SOURCE Burford Capital
FAQ
What is Travis Lenkner's new role at Burford Capital (BUR)?
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