Australia’s L1 Group targets raising A$330 million to fuel growth

L1 Group Ltd, an Australian investment firm, announced a plan to raise up to A$330 million (approximately US$214 million) to accelerate its expansion initiatives including investments in new affiliates and joint ventures. The fundraising effort reflects growing appetite for growth-capital in the Australian market and broader opportunities in the Asia-Pacific region’s private markets, despite global macro headwinds. The group said proceeds will support both organic and inorganic growth strategies.