L1 Capital LIC finally back at float price
L1 Capital LIC finally back at float price Save Share L1 Capital had been one of the worldâs 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. L1âs Raphael Lamm and Mark Landau, whose LIC shareholders are finally back where they started. Â Eamon Gallagher Luckily for its backers new and old, the flagship long-short fund has in the past few quarters been enjoying a strong return to form, principals Raphael Lamm and Mark Landau having expertly ridden the marketâs recovery thr...
Source: afr.com