L1 Long Short Fund Limited

Board of Directors

Andrew has over 20 years’ experience in mergers, acquisitions, capital markets and senior executive leadership positions.

He is a Non-Executive Director of DuluxGroup Ltd, Diversified United Investment Limited and IXOM (a leading Australasian chemicals business where he was previously managing Director and CEO) and Chairman of Sand Hill Road hospitality.

Andrew was formerly Global Head of Strategy, Planning and Mergers & Acquisitions at Orica Limited, where he was a member of the Group Executive for 9 years. Prior to this he held senior corporate strategy, business and legal roles at North Ltd and he began his career as a corporate lawyer at Blake Dawson Waldron (now Ashurst).

John Macfarlane is an experienced international banker.

He served as CEO of Bankers Trust New Zealand (1998-99), Chief Country Officer Japan and President of Deutsche Securities Japan (1999-2006), Executive Chairman of Deutsche Bank Australia and New Zealand (2007-2014) and Chairman and CEO of Deutsche Bank Australia (2011-2014).

During his 15 years at Deutsche Bank he was a member of the Global Markets, Global Banking and Global Regional Management Executive Committees and he also served as a Co-Chair of the Asia Pacific Executive Committee (2004-2006).

John previously worked for the New Zealand Government Treasury, the Dept of Finance (PNG) and for Bankers Trust Company for 11 years in Australia, New Zealand and the USA.

His current directorships include ANZ Banking Group Limited, Balmoral Pastoral Investments Pty Ltd, Colmac Group Pty Ltd, Craigs Investment Partners Limited, the Aikenhead Centre for Medical Discovery and St. Vincent’s Institute of Medical Research.

Harry Kingsley is a partner at K&L Gates. He is a senior corporate and commercial lawyer specialising in strategic advice and negotiated transactions. He has extensive legal industry experience working in private practice and organisations in the transport and financial services industries as well as working as an investment banking professional. He is a trusted advisor to private and ASX listed corporations, their directors and management throughout Australasia.

Harry is highly regarded for his general commercial expertise as well as specialist knowledge around private equity, private and public M&A, IPOs and equity and debt capital markets.

Harry was formerly a partner at Holding Redlich (2015-2020) and prior to that was General Counsel at Pacific National (2011–2015), Executive Director at Austock Group (2005–2011) and a senior associate at Minter Ellison (2001–2005).

Mark is a Joint Managing Director & Chief Investment Officer of L1 Capital and has 19 years’ experience in funds management. Since co-founding L1 Capital with Raphael Lamm in 2007, he has jointly managed the L1 Capital Australian Equities strategy and the L1 Capital Long Short strategy. The Long Short strategy, launched in 2014, has delivered net returns of greater than 25% in 5 out of the 6 calendar years it has been running.

Prior to L1 Capital, Mark worked at Invesco Australia as an Investment Analyst in the large cap Australian Equities Fund and Investment Manager in the Invesco Smaller Companies Fund. During his tenure, the Invesco Australian Share Fund achieved top quartile returns (Intech survey) and was a finalist in Standard & Poor’s Fund Manager of the Year.

Mark was previously 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.

Raphael is Joint Managing Director & Chief Investment Officer of L1 Capital and has 19 years’ experience in funds management. Since co-founding L1 Capital with Mark Landau in 2007, he has jointly managed the L1 Capital Australian Equities strategy and the L1 Capital Long Short strategy. The Long Short strategy, launched in 2014, 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 his tenure, the $3.2 billion Cooper Investors Australian Equities Fund was among the best performing large cap Australian equities funds.

Raphael holds a double degree in Law and Commerce from Monash University, with Honours in Law and First Class Honours in Finance.