Joint Managing Director & Chief Investment Officer
LLB (Hons) BCom (Hons – Finance 1st class)
Raphael is Joint Managing Director & Chief Investment Officer of L1 Capital. Since co-founding L1 Capital in 2007, Raphael has jointly managed the L1 Capital Australian Equities strategy and the L1 Capital Long Short strategy. The Australian Equities strategy has been one of the top decile performing large cap Australian Equities funds since launch in 2007 according to Zenith (Annual Survey, June 2020). Building on this success, L1 Capital launched the Long Short strategy in 2014, which has delivered net returns of greater than 25% in 5 out of the 6 calendar years it has been running. Prior to founding L1 Capital, Raphael spent 5 years at Cooper Investors where he worked as an Investment Analyst and Portfolio Manager. During this time, Raphael was responsible for financial analysis, security selection and portfolio management of Australian Equities across the large cap universe. Raphael holds a double degree in Law and Commerce from Monash University, with Honours in Law and First Class Honours in Finance.
Mark is a Joint Managing Director & Chief Investment Officer of L1 Capital. Since co-founding L1 Capital in 2007, Mark has jointly managed the L1 Capital Australian Equities strategy and the L1 Capital Long Short strategy. The Australian Equities strategy has been one of the top decile performing large cap Australian Equities funds since launch in 2007 according to Zenith (Annual Survey, June 2020). Building on this success, L1 Capital launched the Long Short strategy in 2014, which has delivered net returns of greater than 25% in 5 out of the 6 calendar years it has been running. Prior to founding L1 Capital, Mark worked at Invesco Australia as an Investment Analyst in the large cap Australian Equities Fund and an Investment Manager in the Invesco Smaller Companies Fund. Previously, he was a Senior Strategy Consultant at Accenture, providing financial analysis and corporate strategy advice to a range of ASX100 companies. Mark holds a double degree in Commerce and Economics from Monash University, is an active CFA charterholder and is a Fellow of FINSIA.
Lev is a Portfolio Manager at L1 Capital. He began his career in Australian funds management in 2008 when he joined L1 Capital. Before that, Lev was at Babcock & Brown in their Corporate & Structured Finance division, after having worked in private equity at AEP and at National Australia Bank in their Corporate Strategy & Investments division. Lev was awarded ‘Best Buy-side Analyst’ at the Australian Fund Manager Awards in 2014.
Andrew is a Senior Investment Analyst at L1 Capital. Prior to joining L1 Capital, Andrew spent over 16 years at Macquarie Equities covering a wide range of sectors including Telecoms, Media, Technology and Gaming. He was consistently rated as a leading analyst in sectors under his coverage for over a decade and was also the recipient of numerous industry awards for the performance of his stock calls. Prior to joining Macquarie, Andrew worked as a Senior Financial Analyst at Qantas and was General Manager of InvestorSource. Andrew obtained a Bachelor of Engineering (Hons) and Commerce from Monash University and is a Chartered Financial Analyst.
Amar is a Senior Investment Analyst at L1 Capital . Prior to joining L1 Capital, he was a vice president in the Investment Banking division of Deutsche Bank in Australia and South Africa. Amar worked on transactions across a number of industries including financials, mining and industrials. Before that he was an auditor with PwC where he worked with a range of listed groups. Amar obtained a Bachelor of Commerce with Honours from Rhodes University and is a Chartered Accountant.
Andrew is a Senior Investment Analyst at L1 Capital. Prior to joining L1 Capital, Andrew was the founder of CliniCloud, a health technology company that had raised finance from Tencent and brought a number of FDA approved IoT medical systems to market. Before CliniCloud, Andrew was a management consultant at Bain & Company. He holds a number of patents and was named in Forbes Asia’s 30 Under 30 list in 2016. Andrew is a qualified medical doctor having graduated from Melbourne Medical School in 2011.
David is an Investment Analyst at L1 Capital . Prior to joining L1 Capital, he was a management consultant at McKinsey & Company principally serving clients on commercial due diligence, portfolio strategy and inorganic growth topics that spanned Australia, Europe and North America. Before McKinsey, he worked in private equity as an Investment Executive at Auxano LLP and an Investment Analyst at L Catterton. David obtained a Bachelor of Business from the University of Technology, Sydney.
Lubos is L1 Capital’s Head of Dealing. Prior to joining L1 Capital, Lubos was an Equity Partner at Baillieu Holst, where he worked for 18 years. In his role as an Institutional Sales Trader, he developed broad equities expertise, including dealing in equities and derivatives and providing trading advice and market analysis to clients, along with managing key institutional and high net worth client relationships.
Chris is L1 Capital’s Head of Distribution. He is responsible for managing business development, marketing and client service. Chris has over 19 years of financial markets experience primarily focusing on funds management distribution. During this time, he led an investment business (Acadian Asset Management (Australia)) and worked in all parts of the distribution markets including as Head of Sales and Marketing at BT Investment Management and Head of Asset Management, Sales at the National Australia Bank. He holds a Master of Applied Finance from Macquarie University, a Graduate Diploma in Investment and Finance from the Financial Services Institute of Australasia and a Bachelor of Business from the Queensland University of Technology.
Wayne is an Investment Specialist at L1 Capital. He is responsible for client service and corporate communications. Wayne has 13 years’ experience in investment markets, having worked in investment banking, private equity and stockbroking. Prior to joining L1 Capital, Wayne founded a bespoke investment research firm, Edgware, which provided detailed industry research for funds management clients. Prior to Edgware, Wayne was a senior member of the Institutional Research Sales team at Commonwealth Bank, where he provided market insights and investment ideas to institutional fund managers. Before CBA, Wayne gained considerable global equities experience at Goldman Sachs, where he was part of the top-rated European insurance research team in London. Wayne was responsible for assisting all Goldman Sachs’ global clients investing into European insurance equities.
Alexander is an Investment Specialist at L1 Capital. He is responsible for all aspects of client service for the L1 UK Residential Property Fund. Alexander has over 22 years’ of wealth management and institutional sales experience working with private banks, multi managers, family offices and high net worth individuals. Prior to joining L1 Capital, Alexander was Head of Distribution for a specialist global equity manager and Regional Sales Manager for JPMorgan Asset Management. Before JPMorgan, he was National Strategic Account Manager at listed financial services firm, Netwealth, and National High Net Worth Manager at Credit Suisse Asset Management.
Aman is an Investment Specialist at L1 Capital. He has over 18 years of experience in marketing and distribution within the asset management industry. Over this time, he has held senior positions in distribution with Prodigy Investment Partners, Ophir Asset Management and NAB Asset Management. He has experience in all distribution channels and has previously held responsibility for sales strategy and customers within the institutional, private wealth and retail markets. He holds a Bachelor of Commerce from the University of Western Sydney.
Joel is L1 Capital’s Chief Operating Officer. He is responsible for overseeing all aspects of the firm’s operations. Joel has 14 years’ experience in the financial services sector, including 10 years at L1 Capital. Prior to joining L1 Capital, Joel worked as a management consultant at SPP, providing high level strategy advice to large listed companies, government departments and universities. Before that, Joel co-founded and ran an IT consulting business for 7 years. Joel holds an undergraduate degree in Information Systems from the University of Melbourne and a Master of Applied Finance from Kaplan Education.
Jane is L1 Capital’s Head of Legal and Compliance. She has over 11 years’ experience in funds management regulation and compliance. Prior to joining L1 Capital, Jane worked as Head of Compliance at Invesco Australia and before that at PwC and Colchester Global Investors in London. Jane holds a Bachelor of Laws, Bachelor of Arts and a Diploma in Modern Languages (French) from the University of Melbourne and a Graduate Diploma of Corporate Governance from the Governance Institute of Australia.
Stephen is Special Counsel to L1 Capital. Stephen has more than 25 years’ experience as a corporate and investment funds partner in major law firms, including more than 15 years at Minter Ellison where he was Head of the Investment and Financial Services team. His clients included many Australian and global fund managers and trustees. He holds Bachelor of Arts, Bachelor of Commerce, Bachelor of Laws and Master of Law degrees.
David is L1 Capital’s Head of Fund Operations. He is responsible for unit pricing, investor registries, managing third party relationships with custodians, prime brokers and administrators, and fund reconciliation and compliance. David has more than 15 years’ experience in global fund operations. Prior to joining L1 Capital, David worked in a variety of fund administration roles for State Street (Ireland), BNY Mellon (Bermuda) and Apex Fund Services (Australia & Ireland).
Melinda is L1 Capital’s Head of Marketing. She is responsible for developing and implementing the marketing strategy for the L1 Capital group. Melinda has over 25 years’ asset management experience spanning asset consulting, marketing, product, projects, sales and client service across a set of global clients and markets, with an emphasis on institutions. During this time, she has worked on strategic projects at superannuation funds (HESTA and Aware Super), led institutional sales and client services at boutique funds manager, Ellerston Capital, headed Product Marketing at global investment manager, GAM, and held a range of positions at Mercer, advising both institutional investors and asset managers. Melinda holds a Bachelor of Arts in Economics from Vassar College in New York, USA and is both a CFA charterholder and a CAIA charterholder.
Daryl is a Data Analyst at L1 Capital. He is responsible for conducting quantitative analysis on investment performance and portfolio attribution. Prior to joining L1 Capital, Daryl was a Consultant in Asset Servicing at National Australia Bank. Daryl holds an undergraduate degree in Mechanical Engineering from Nanyang Technological University and a Master of Management (Finance) from the University of Melbourne.
Rowena is the Senior Fund Accountant at L1 Capital. She is responsible for fund accounting and reporting. Prior to joining L1 Capital, Rowena worked at several global fund administration firms in Australia, Bermuda and the Philippines, including Apex Fund Services, Mitsubishi UFJ Fund Services and Deloitte. She holds a Bachelor of Science in Accountancy from the Centro Escolar University in the Philippines and is a CPA Australia Member.
Isaac is the Financial Controller at L1 Capital. He is responsible for the management accounts. Prior to joining L1 Capital, Isaac worked as an Assistant Manager at ShineWing and before that as an Accountant at BDO and PKF.
Priscilla is a Fund Accountant at L1 Capital. She is responsible for fund accounting and reporting. Prior to joining L1 Capital, Priscilla worked at Melbourne IT Ltd (ARQ Group) in a variety of financial accounting and finance shared services roles. Priscilla holds a Bachelor of Computerised Accounting from Binus University in Indonesia, a Graduate Diploma of Accounting from Deakin University and is a CPA Australia member.
Jeffrey is the Operations Manager at L1 Capital. He is responsible for day-to-day operational matters of the firm including settlements, client reporting and fund compliance. Prior to joining L1 Capital, Jeffrey spent four years working as an institutional stockbroking assistant at Ord Minnett and before that at StoneBridge Securities.