Burford Capital Limited has expanded and extended its funding arrangement with its sovereign wealth fund strategic partner. The agreement, known as BOF-C, had committed $872 million to capital provision-direct assets, of which $435 million was undrawn. The investment period has been extended by a year until December 31, 2024, and the agreement has been amended to allow recycling of certain profit, potentially increasing the total amount of capital that BOF-C can deploy.