ASX Announcements
June
L1’s activist fund is making investors and boards take notice
The hedge fund’s catalyst strategy has returned 42 per cent since its 2021 inception, and portfolio manager James Hawkins is eyeing up L1’s next target.
- Alex Gluyas
May 2023
Hedge fund L1 Capital is buying cyclicals in contrarian trade
Melbourne-based co-founder Mark Landau has cut its long exposure to equities, but he’s eyeing the unloved companies tied to the economy.
- Jonathan Shapiro
July 2022
Caledonia, L1 hit by F45 wipeout
A Hollywood celebrity as the second-biggest shareholder was reason alone to short the stock; hedge funds must be kicking themselves.
- Updated
- Joe Aston
June 2021
- Exclusive
- Activist shareholders
L1 Capital plots new activist strategy
L1 Catalyst will only take on six to eight ideas to unlock strategic returns with the ear of boards, and a deal maker’s eye led by ex-banker James Hawkins.
- Vesna Poljak
February 2021
L1 Capital LIC finally back at float price
The listed fund’s earliest shareholders will now be able to sell at the price they paid in the float, just 33 months later.
- Myriam Robin
November 2020
L1 Capital Investors can't catch a break
It's been nothing but disappointment for investors in the record-breaking LIC float.
- Tom Richardson
March 2020
Raphael Lamm and Mark Landau waste $26m
After pouring millions of their own cash into buying up LSF stock, the net asset ratio discount is bigger than ever.
- Myriam Robin
August 2019
L1 Capital digging deep to win back investor faith
L1 Capital and investors that backed their record-breaking float had a rough 2018. Are they turning the corner?
- Jonathan Shapiro