
L1 Capital
L1 Capital's history boys
There's only one reason for an ascendant private fund manager to buy a distressed listed one: liquidity.
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There's only one reason for an ascendant private fund manager to buy a distressed listed one: liquidity.
Fund managers are now trying to price the unpriceable risks of berserk founder-CEOs and of being transacted out of high-performing companies with zero recourse.