Our people

We are a partnership of successful entrepreneurs and international businesspeople

L1 is built on the expertise of our people – from our executive, to our investment teams and world-class advisory board members.

We have recruited world class CEO’s and sector investment teams and advisory boards to invest at scale.

Our people

Mikhail Fridman

Mikhail Fridman

Co-founder, LetterOne

Lord Browne of Madingley

Lord Browne of Madingley

Executive Chairman, L1 Energy

Lord Davies of Abersoch

Lord Davies of Abersoch

Non-Executive Chairman, LetterOne

Franz Humer

Franz Humer

L1 Health Advisory Board, Former CEO and Chairman Roche Holding Ltd

Andrew Gould

Andrew Gould

L1 Energy Advisory Board, Former Chairman BG Group

Jonathan Muir

Jonathan Muir

Chief Executive, LetterOne

Brent Hoberman

Brent Hoberman

L1 Technology Advisory Board, Co-Founder and former CEO of Lastminute.com

Ed Eisler

Ed Eisler

L1 Treasury, Chairman, Investment and Risk Committee

Stephan DuCharme

Stephan DuCharme

L1 Retail, Managing Partner

OUR PEOPLE - INVESTMENT TEAMS

The investment teams in L1 Energy, L1 Technology, L1 Health and L1 Retail put forward investment recommendations which are scrutinised thoroughly before they are presented to the L1 Holdings and L1 Investment Holdings Boards for an investment decision.

They work actively with the management of the companies we invest in, providing strategic input and monitoring the operational performance of each portfolio. They are responsible for agreeing  strategy, finance, capital allocation, performance management and top team talent management with their company’s management teams.

OUR PEOPLE – ADVISORY BOARDS

To challenge our investment teams’ recommendations and to challenge our assumptions, we have recruited sector investment Advisory Boards consisting of internationally respected chief executives, chairman and entrepreneurs.

Each Advisory Board provides advice on whether to proceed with a particular opportunity in its sector. The Advisory Boards play an essential role, not only in our investment governance process, but work alongside our investment teams, interacting with their company management teams.

L1 Treasury

L1 Treasury’s investment parameters are set by the Investment and Risk Committee, delegated by the L1 Treasury Board within a framework approved by the Board of L1 Investment Holdings. The Committee is chaired by Ed Eisler, founder and Chief Investment Officer of Eisler Capital, a global macro hedge fund, who had a distinguished 20-year career at Goldman Sachs. Individual investment decisions are then taken by a separate L1 Treasury team headed by Yves Leysen, the CIO of L1 Treasury.