Annual Report 2018

The Company’s investment portfolio is managed by L1 Capital Pty Limited (Manager) which was founded in 2007 by Mr Raphael Lamm and Mr Mark Landau. The Manager has a very strong track record of historical performance having delivered, in its unlisted L1 Capital Long Short Fund, an average compound return of 23.7% per annum (after fees) in the period since it was launched in September 2014 to 30 September 2018.

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