L1 Group Limited
L1G.AX · ASX
Company research
L1 Group Limited (ASX: L1G) is an Australian-listed global investment manager formed through the merger of Platinum Asset Management and L1 Capital, which was completed in October 2025, with the combined entity headquartered in Melbourne, Victoria. The company manages a diverse suite of strategies spanning long/short equities, international equities, activist equities, multi-strategy hedge funds, and UK residential property funds, with approximately AUD 18 billion in funds under management as of April 2026. L1 Group serves a broad and diverse client base that includes superannuation funds, offshore pension funds, asset consultants, family offices, private wealth firms, financial advisers, high-net-worth individuals, and retail investors both domestically and internationally. Under the leadership of CEO Julian Russell, L1 Group is positioned as one of Australia's best-known fund managers, with a strong long-term performance track record and a continued focus on delivering risk-adjusted returns across multiple asset classes.