Founded in 2013, LetterOne (L1) is a partnership of successful entrepreneurs, CEOs and international businesspeople passionate about building better business. We invest in sectors fundamental to society’s sustainable prosperity: energy, technology, health and retail. We are not answerable to the demands, and short-termism, of external capital.
With more than £20bn of patient capital, our long-term approach, in-depth expertise and commitment to good governance are helping us to build the companies of the future, supporting more than 125,000 jobs in sectors that create lasting value for investors and society.Our purpose and approach
An introduction to L1 from our Chairman
Meet the experts investing at scale
L1 is built on the expertise of our people. We have an outstanding executive backed by world class CEO’s, sector investment teams and advisory boards that help us invest and grow businesses, at scale.
A world-class, diversified global business
As long-term, active investors, we have deep expertise in sectors that are fundamental to society’s long-term prosperity. We run our businesses through four main units: L1 Energy, L1 Health, L1 Technology and L1 Retail. These units are supported by L1 Treasury, who manage our liquidity. Whether through minority holdings or full ownership, we hope to grow firms that deliver for the future needs of society.
Our active investments
As entrepreneurs with a long-term horizon, we aim to buy and build great businesses that deliver long-term value for investors and society.