30 Sep 2026LSN Capital PartnersINAHeldLSN Capital Partners continues to hold Ingenia Communities Group because takeover interest is increasing and it believes the latest proposal remains below fair value. Warburg Pincus lifted its initially rejected proposal from $4.75 to $5.05 and then $5.25, and Ingenia has granted initial, non-exclusive due diligence access. The board has not deemed the proposal a Bidder Superior Proposal under the Peet scheme implementation deed or indicated it will recommend it, and a binding offer is uncertain. Ingenia continues to progress its Peet acquisition, while media reports suggest rival bidder interest. LSN notes the $5.25 proposal equates to about 14 times earnings.
30 Sep 2026LSN Capital PartnersMP1HeldLSN Capital Partners continues to hold Megaport because it delivered a positive update upgrading guidance on solid execution across existing Compute contracts, continued Network momentum and further Compute contract wins. LSN believes AI adoption is driving substantial demand for compute capacity, with Megaport securing new contracts at attractive return metrics. While investors remain cautious about the economics and valuation of this emerging business, LSN estimates that if existing contracts become operational as agreed, Megaport could generate more than $900 million of EBITDA in FY29, placing the stock on less than 6 times EV/EBITDA.
LSN Capital Partners is a boutique Australian investment manager, likely structured as a partnership offering tailored portfolio management or advisory services to wholesale and private clients. Firms of this scale typically apply fundamental research to Australian or global securities, constructing concentrated portfolios based on individual client mandates rather than distributing a single broad retail fund. As a smaller, closely-held partnership, detailed independently verifiable public information about LSN's specific founders, strategy and track record is limited, which is common among boutique managers with a lower media profile.
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11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.
30 Sep 2026LSN Capital PartnersINAHeldLSN Capital Partners continues to hold Ingenia Communities Group because takeover interest is increasing and it believes the latest proposal remains below fair value. Warburg Pincus lifted its initially rejected proposal from $4.75 to $5.05 and then $5.25, and Ingenia has granted initial, non-exclusive due diligence access. The board has not deemed the proposal a Bidder Superior Proposal under the Peet scheme implementation deed or indicated it will recommend it, and a binding offer is uncertain. Ingenia continues to progress its Peet acquisition, while media reports suggest rival bidder interest. LSN notes the $5.25 proposal equates to about 14 times earnings.
30 Sep 2026LSN Capital PartnersMP1HeldLSN Capital Partners continues to hold Megaport because it delivered a positive update upgrading guidance on solid execution across existing Compute contracts, continued Network momentum and further Compute contract wins. LSN believes AI adoption is driving substantial demand for compute capacity, with Megaport securing new contracts at attractive return metrics. While investors remain cautious about the economics and valuation of this emerging business, LSN estimates that if existing contracts become operational as agreed, Megaport could generate more than $900 million of EBITDA in FY29, placing the stock on less than 6 times EV/EBITDA.
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