Norton Rose Fulbright acts on launch of L1 Capital Global Long Short Fund

A cross-border team from global law firm Norton Rose Fulbright has advised L1 Capital on the establishment and global offering of L1 Capital Global Long Short Fund.

L1 Capital is an independent equities fund manager whose investment team comprises experienced portfolio managers, Raphael Lamm, Mark Landau and Lev Margolin. The team has managed one of the best performing large cap Australian equities funds since 2007.

The new offshore fund will employ a long/short investment strategy, which involves buying “long” and selling “short” a stock or basket of stocks, in anticipation of profiting from changes in the price differential between the respective long and short positions. The fund will invest in Australian and international shares as well as derivatives.

L1 Capital will raise capital from institutional and high net worth investors in USA, Canada, NZ, Israel, UK and Australia. The fund manager was advised by a Norton Rose Fulbright team spanning Australia, the US, Canada and the UK.

Norton Rose Fulbright Sydney-based corporate partner Fadi Khoury led the deal and commented:

“I am proud to be associated with this experienced team, as they deploy their strong local investment track record and experience in a global strategy.”

L1 Capital Executive Director, Joel Arber, commented:

”The design of the fund reflects best practice from a governance perspective.   The fund seeks to provide our investors with access to a diversified global exposure in a volatile investment market.”

For further information please contact:

Alex Boxsell, Senior Brand and External Communications Manager, Norton Rose Fulbright in Australia
Tel: +61 (0)2 9330 8165   Mob: +61 (0)414 985 556
alex.boxsell@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright 

Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.