12 High Growth International Stocks to Invest in Now

9. Burford Capital Limited (NYSE:BUR)

10-Year Revenue Growth Rate: 33.63%

Number of Hedge Fund Holders: 22

Burford Capital Limited (NYSE:BUR) is a United Kingdom-based financial services company that specializes in providing legal finance to businesses and law firms. The company operates through three main business models including Capital Provision, Asset Management, and other services, which include additional services like litigation insurance.

The company is experiencing a strong performance in fiscal 2024, marked by significant financial achievements and growth in its operations. Burford Capital Limited (NYSE:BUR) generated $556 million in cash receipts year-to-date for fiscal 2024, with $310 million coming in the third quarter alone, setting new records for the company. In addition, the core portfolio’s net realized gains reached $184 million year-to-date, reflecting a 49% increase from the same period in 2023.

Management of Burford Capital Limited (NYSE:BUR) noted that it has seen a substantial increase in new commitments during the third quarter of 2024 compared to the same period last year, showcasing strong demand for its financing services despite a focus on managing an active portfolio. The investment case of the company remains strong as the Global Disputes Forecast 2025 report by Baker McKenzie indicates that 85% of organizations plan to increase their legal spending on disputes in 2025. Moreover, a notable 90% indicated that litigation remains their preferred method for resolving tax disputes, highlighting a reliance on formal legal mechanisms despite potential costs. Here’s what Greenhaven Road Capital stated regarding Burford Capital Limited (NYSE:BUR) in its Q3 2024 investor letter:

“Burford Capital Limited (NYSE:BUR) – We have owned litigation financer Burford for less than two years, but the progress was not long in waiting. Substantial developments in their legal case against Argentina have occurred, with the potential proceeds being multiples of BUR’s current share price. The Argentina case is far from their only valuable asset and Burford also holds another $5B of cases in their portfolio that could be worth substantially more.”