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 Growth
We build businesses that matter

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

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

Our businesses
Hero Slider Future Growth
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 Future Growth
Our people

A partnership of successful entrepreneurs and CEOs

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

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

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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.

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.