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L1 Capital Logo

L1 Capital Long Short Fund

Initial Public Offer

L1 Capital Long Short Fund has been established to invest in a portfolio of predominantly Australian and New Zealand Securities, with up to 30% of the gross exposure allowed in Global Securities. The Company’s objective is to deliver strong, positive, risk-adjusted returns to investors over the long term.

Investment Highlights

  • Since inception (Sept 2014), the fund has returned 37.3% (after fees)
  • 98 individual positions added +1% to performance 
  • Access to an high quality, well established investment team with an outstanding track record and over 30 years of combined success through different market cycles. 
  • Focus on high quality companies, with strong management, sustainable earnings growth and low debt, provides strong protection in weak markets.

Issuer: L1 Capital Long Short Fund

Transaction: Initial Public Offer

Morgans Role: Joint-Lead Manager

Offer Price: $2.00

Offer Size: $600m

Offer Opens: Monday, 5 March 2018

Offer Closes: Wednesday, 21 March 2018

Offer Website:

If you have any questions about the L1 Capital Long Short IPO, please contact your Morgans adviser, call 134 226 or find your nearest office here.

Download Prospectus

L1 Capital Long Short Fund shares are being offered only in Australia and the Prospectus will only constitute an offer to a person receiving it in Australia. Not for distribution, directly or indirectly, in the United States or to, or for the account or benefit of, US Persons, except in accordance with an available exemption from the registration requirements of the US Securities Act. The distribution of the Prospectus (including an electronic copy) in jurisdictions outside Australia may be restricted by law.