L1 Group Launches PXC Advisors Joint Venture
Key points
- L1 Group announces PXC Advisors joint venture with Dr Andrew Lin
- Strategy delivered annualized return of 51% net of fees
- Strategy to open to external investors in September 2026
- Focus on identifying business and industry inflection points
- PXC Advisors to manage Platinum International Technology Fund portfolio
Full summary
L1 Group Limited (ASX:L1G) has announced the launch of PXC Advisors, a specialist global long short investment manager established as a 50/50 joint venture between L1 Group and Dr Andrew Lin. The PXC Advisors Dynamic Return Strategy, managed by Dr Lin since January 2024, has delivered an annualized return of 51% net of fees to 31 July 2026. The strategy will open to external investors in September 2026. The joint venture aims to build specialist investment businesses that deliver long-term value for clients and shareholders by combining seed capital, institutional operating infrastructure, and global distribution capabilities with exceptional investment talent.
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