L1 Group Achieves $24M in Cost Synergies Post Merger, Reports $17.6B in Funds Under Management
STRATEGIC MINERALS
L1 Group has recognized $24 million in cost synergies following the merger of L1 Capital and Platinum Asset Management in October. The group anticipates an additional $10 million in synergies in the next financial year.
Total funds under management reached $17.6 billion as of December 2025, with underlying profits rising to $66 million. An interim dividend of one cent per share was declared, and the firm launched a Global Long Short Fund in November 2025.
Feb 25, 2026, 8:26 PM
