Melbourne-headquartered L1 Capital is finalising the IPO of its long/short fund as a listed investment company (LIC), assembling a broking team led by NAB.
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 LICÂ with ASIC on Friday.
Westpac Group’s wealth revenues will fall by around $300 million over the next two years, according to Morgan Stanley, following the bankâ...
The CEO of an ASX-listed global asset manager received a significant boost to his base salary and more than $400,000 in benefits for relocat...
AMP has been one of the first to attempt to prevent shareholders revolting against the board ahead of its annual general meeting, with strik...
