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L1 Global Long Short Fund Launches $415M Entitlement Offer with New Strategy

9:44am on Tuesday 2nd of December, 2025 AEDT Financial Services
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L1 Global Long Short Fund Launches $415M Entitlement Offer with New Strategy

9:44am on Tuesday 2nd of December, 2025 AEDT
Key Points
  • Non-renounceable entitlement offer to raise up to A$415 million
  • L1 Capital appointed as new investment manager with fee waiver for 12 months
  • Company rebranded from Platinum Capital Limited to L1 Global Long Short Fund Limited
  • Cornerstone investors committed approximately A$162 million
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