NAB will be the lead arranger for the IPO of L1 Capital's long/short fund, along with a syndicate of broking firms including Morgan Stanley, Ord Minnett, Taylor Collison, Wilsons, Morgans and Crestone.
Bell Potter, Macquarie, First NZ, Hunter Capital and Shaw and Partners will act as co-managers for the new LIC.
The LIC will make L1 Capital's long/short fund, which has delivered a cumulative return of 184.7 per cent since inception in September 2014, available to new investors.
The long/short fund invests in a portfolio of Australian and international equities with both long and short positions.
L1 Capital lodged a prospectus for the LIC with ASIC on Friday.
