LetterOne LetterOne LetterOne
Hero Slider Future Growth
We build businesses that matter

We invest actively, for long-term value

We think as owners, not as financial investors. That means we get directly involved with management teams and our success comes from building businesses with no fixed time horizon.

About us
Hero Slider Future Prosperity
We build businesses that matter

We make large-scale investments in sectors that reflect society’s long-term needs

Our expertise in energy, technology, health, and retail means we can grow the businesses that are vital for the future

Our businesses
Hero Slider Sustainable Future
We build businesses that matter

How we do business is as important where we do business

Our businesses will only deliver financial performance if they are able to adapt to social, environmental and technological changes. This rests on maintaining best-in-class corporate governance and behaviour that has the support of society.

ESG and our impact on society
Hero Slider Our People
Our people

A partnership of successful entrepreneurs and CEOs

Our people bring unparalleled sector expertise and are passionate about building great businesses

Our people
Building businesses that matter

Entrepreneurial mindset

Long-term vision

Active investment

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

Latest news and insights

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L1 voices

An introduction to L1 from our Chairman

Our people

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.

Meet our people

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 businesses

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.

About us

As active investors we work closely with founders and management teams to realise their company's potential.

About us

Our people

Meet the entrepreneurs, business people and investing experts that are part of the LetterOne team.

Our people

Our businesses

Learn more about the areas we invest in and understand the value we bring to active investment.

Our businesses