L1 Group Fair Value Reduced to Reflect Cash Cost of Retaining Staff
Business Strategy and Outlook
L1 Group was formed through the merger of Platinum Asset Management, a well-known value-focused global equities manager founded in 1994, and L1 Capital, a diversified boutique manager focused on equities, alternatives, and property, founded in 2007. L1 Group serves a diversified client base spanning retail and wholesale investors, high-net-worth clients, and institutional investors. It has approximately AUD 19 billion in funds under management as of June 2026.
