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L1 Group’s $900M Gold Fund IPO Closes Early on Strong Demand

9:56am on Thursday 26th of March, 2026 AEDT Financial Services
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L1 Group’s $900M Gold Fund IPO Closes Early on Strong Demand

9:56am on Thursday 26th of March, 2026 AEDT
Key Points
  • L1 Gold Fund IPO aims to raise approximately A$900 million
  • Fund replicates investment strategy of Wholesale Gold Fund closing in April
  • Founders commit A$120 million aligning with new fund shareholders
  • Strong demand leads to early closure of Broker Firm Offer
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