2 days Ago
Burford Capital Limited ( NYSE: BUR ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Christopher Bogart - Chief Executive Officer Jonathan Molot - Chief Investment Officer Jordan Licht - Chief Financial Officer Conference Call Participants Mark DeVries - Deutsche Bank AG Alexander Bowers - Barenberg Julian Roberts - Jefferies Operator Thank you for standing by and welcome to the Burford Capital's Third Quarter 2024 Financial Results Conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session.
[Operator Instructions] Thank you. I'd now like to turn the call over to Christopher Bogart, Chief Executive Officer. You may begin.
Christopher Bogart Thanks very much and hello everybody. Thank you for joining us today. As usual, with me on the call is: Jon Molot, Burford's Chief Investment Officer; and Jordan Licht, Burford's Chief Financial Officer.
And the three of us will take you through the slides that have been put up on the website. I'm going to start on Slide 4, and it's obviously very nice when a strong quarter like this comes along and we can show you how the business is performing. Our business doesn't really fit neatly into quarters and the third quarter is often slow, given the summer.
So it's particularly nice to have this kind of result, even though we like to look at the business over a longer term than just on a quarter-by-quarter basis. But this slide is purely about the quarter. And so, what you can see here are some real indications of activity, realizations more than doubled compared to the comparative quarter.
Net realized gains almost doubled. We brought in a ton of cash during the quarter, decent income, and our deployments and commitment activity was certainly consistent with this kind of period. In.
