Investment Philosophy

L1 Capital International believes that quality and value are key drivers of long-term total shareholder returns.

L1 Capital International will generally invest in businesses that demonstrate:

Durable business models

Well structured, growing industries

Aligned management with a strong capital allocation track record

Growing free cashf­low

An ability to sustain a high return on invested capital

An ability to sustain high returns on invested capital

An ability to reinvest capital at attractive incremental returns and/or return excess capital efficiently to shareholders

A conservative balance sheet and funding structure