MarketsEquity MarketsMonday fundiePrint articleL1’s activist fund is making investors and boards take noticeAlex GluyasMarkets reporterJun 3, 2024 – 5.00amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginBoardrooms across the country are quickly learning the consequences of ignoring the demands of activist shareholders, and L1 Capital’s Catalyst Fund is reaping the rewards.After a fortnight that saw Lendlease succumb to calls for a board shakeup and restructure and Karoon Energy punished for not paying dividends, activist investors in Australia have been wielding their power.Loading...Alex Gluyas is markets reporter based in the Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreMonday fundieActivist investingL1 Long Short Fund LimitedLatest In Equity marketsFetching latest articlesMost Viewed In MarketsThe Australian Financial Review MagazineThe 25 new watches you need to know nowLuke Benedictus and Bani McSpeddenWhat OpenAI’s Sam Altman suggests you do to keep your jobThis Australian watch reseller is making its move on London and NYCBOSS Financial ReviewWhat the NAB saga reveals about the private lives of CEOsPatrick DurkinThe 5 tips that stuck with 2025’s BOSS Young ExecutivesHow a divorce at the age of 36 turbocharged this leader’s careerLife & LeisureLike the luxury resort? Now you can buy the homeJill DupleixThe fashion designer who has sold 38,000 of one dressThe most dangerous wine in the worldRich ListStake.com founder invests millions to build Australia’s ChatGPTPaul SmithRich Lister Walker family donate millions to Sydney cancer centreChina provides reality check for Forrest’s green iron dream
