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Myriam Robin

L1 Capital LIC finally back at float price

Myriam RobinRear Window editor

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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 Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/rear-window/l1-capital-lic-finally-back-at-float-price-20210207-p570c7