L1 Global Long Short Fund Limited
GLS.AX
Australian Securities Exchange- -
AUD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Joanne Jefferies
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Level Eight, Seven Macquarie Place Sydney NSW Australia 2000
- IPO Date
- Nov 23, 2025
- Website
- l1.com.au
- Similar Companies
- Business
- L1 Global Long Short Fund Limited (ASX:GLS) is a listed investment company that provides investors with exposure to L1 Capital's global long short equity strategy. The Fund invests in a diversified portfolio of long and short positions in value stocks of companies across global public equity markets in developed regions, employing fundamental bottom-up analysis that combines discounted cash flow valuations with qualitative assessments of management quality, industry structure, and business trends; it benchmarks performance against the MSCI All Country World Net Index and maintains maximum gross exposure of 3.5x with 40-80 positions across sectors. The strategy targets high-quality undervalued companies for longs and overvalued stocks with clear downside catalysts for shorts, offering risk-adjusted returns and capital protection, managed by L1 Capital Pty Limited's Co-Chief Investment Officers Raphael Lamm and Mark Landau. Founded in 1994 and headquartered in Melbourne, Australia, at Level 45, 101 Collins Street, the Fund operates geographically unconstrained with a focus on developed markets worldwide and serves institutional and retail investors through its ASX listing and a Dividend Reinvestment Plan. In 2025, the Fund represented the launch of L1 Capital's expanded Global Long Short Strategy, building on over a decade of the firm's Australian-focused long short track record; this followed L1 Group's October 2025 equity raising of approximately $190 million in pre-commitments from institutional investors including MFF Capital Investments, with proceeds allocated to co-invest in the new strategy, seed additional offerings, and pursue affiliate partnerships and acquisitions.