L1 Capital had been one of the world’s best-performing hedge funds until 2018, when a run of poor performance awkwardly coincided with the float of its mammoth $1.33 billion LIC on the ASX.
L1’s Raphael Lamm and Mark Landau, whose LIC shareholders are finally back where they started. Eamon Gallagher
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com