Based in New York and London, the company's team of investment advisers and legal eagles have been doing rather well since the company was formed in 2009, growing operating profit fourfold to $60.7m in the past four financial years and delivering decent cash returns to shareholders. In fact, the progressive dividend was raised by a third last year to around 4.5p a share, covered more than three times over by EPS of about 14.5p. On this basis, the shares offer a dividend yield of 3 per cent and are rated on 10 times historic earnings.
Expect another robust financial performance this year, too. That's because the company has just announced the successful resolution of one of its US litigation finance portfolio investments, which has generated gross cash proceeds of $61m (£39.6m) and a profit of $36m on a $25m investment funded over a period of time starting in 2012. This represents a 144 per cent return on invested capital and a hefty 60 per cent internal rate of return.