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How Will L1 Group Harness $16.7bn Merger and $286m Capital Raise for Growth?
9:01am on Tuesday 18th of November, 2025 AEDT
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Financial Services
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How Will L1 Group Harness $16.7bn Merger and $286m Capital Raise for Growth?
9:01am on Tuesday 18th of November, 2025 AEDT
Key Points
Merger of Platinum Asset Management and L1 Capital completed October 2025
Combined funds under management reach $16.7 billion
Institutional placement raised $286 million at $0.95 per share
New CEO Julian Russell appointed to lead growth and integration
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