
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.
Phil King's clients are enduring one of their worst ever stints, but Rampart reckons you'd be mad to death-ride him.
King has always been a shrewd risk manager, incredibly deft at placing his bets on a variety of colours and numbers before the ball goes. That's what's so surprising about this f— up.