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L1 Global Long Short Fund Raises $415M to Power New Global Strategy
9:44am on Tuesday 2nd of December, 2025 AEDT
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Financial Services
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L1 Global Long Short Fund Raises $415M to Power New Global Strategy
9:44am on Tuesday 2nd of December, 2025 AEDT
Key Points
Pro-rata non-renounceable entitlement offer to raise up to AUD 415 million
Transition to L1 Capital's Global Long Short Strategy with strong recent 67.5% net returns
Company renamed from Platinum Capital Limited to L1 Global Long Short Fund Limited, ASX ticker changing from PMC to GLS
Cornerstone commitments total approximately AUD 162 million including L1 Group and founders
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PLATINUM CAPITAL (ASX:PMC)
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