L1 Capital is a boutique fund manager established in 2007 by Raphael Lamm and Mark Landau. The firm is 100% owned by L1 Capital staff, and the investment team are significant investors in their own funds. L1 Capital has been one of Australia’s top performing Australian equity fund managers since its inception in August 2007.
L1 Capital manages money for a range of clients including large superannuation funds, endowment funds, insurance companies, asset consultants, financial planning groups, family offices, high net worth individuals and retail investors.
L1 Capital uses a fundamental, bottom-up research process to identify securities with the potential to provide attractive risk-adjusted returns. L1 Capital invests in high quality businesses trading well below their intrinsic value. The investment process combines discounted cash flow valuation with qualitative considerations such as management quality, industry & company structure and business trends to identify attractive investment opportunities.
Mark is a co-founder of L1 Capital and has 15 years’ experience in funds management. Prior to founding L1 Capital, Mark worked at Invesco Australia as an Investment Analyst in the large cap Australian Equities Fund and Investment Manager in the Invesco Smaller Companies Fund. During this time, Mark was responsible for financial analysis and stock selection for Australian Equities across the large and small cap universe. During his tenure, the Invesco Australian Share Fund achieved top quartile returns (Intech survey) and was a finalist in Standard & Poor’s Fund Manager of the Year. Mark was previously a Senior Strategy Consultant at Accenture, providing financial analysis and corporate strategy advice to a range of ASX100 companies.
Mark is a co-founder of L1 Capital and has 15 years’ experience in funds management. Prior to founding L1 Capital, Mark worked at Invesco Australia as an Investment Analyst in the large cap Australian Equities Fund and Investment Manager in the Invesco Smaller Companies Fund. During this time, Mark was responsible for financial analysis and stock selection for Australian Equities across the large and small cap universe. During his tenure, the Invesco Australian Share Fund achieved top quartile returns (Intech survey) and was a finalist in Standard & Poor’s Fund Manager of the Year. Mark was previously a Senior Strategy Consultant at Accenture, providing financial analysis and corporate strategy advice to a range of ASX100 companies.
Raphael is a co-founder of L1 Capital and has 16 years’ experience in funds management. Prior to founding L1 Capital, Raphael spent 5 years at Cooper Investors where he worked as an Investment Analyst and Portfolio Manager. During this time, Raphael was responsible for financial analysis, security selection and portfolio management of Australian Equities across the large cap universe. During his tenure, the $3.2 billion Cooper Investors Australian Equities Fund was among the best performing large cap Australian equities funds.
Raphael is a co-founder of L1 Capital and has 16 years’ experience in funds management. Prior to founding L1 Capital, Raphael spent 5 years at Cooper Investors where he worked as an Investment Analyst and Portfolio Manager. During this time, Raphael was responsible for financial analysis, security selection and portfolio management of Australian Equities across the large cap universe. During his tenure, the $3.2 billion Cooper Investors Australian Equities Fund was among the best performing large cap Australian equities funds.
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