Myer has confirmed the mystery man behind a recent share raid.
Solomon Lew's Premier Investments made the strategic investment of 10.77% in the department store.
The $101 million share buyout took place on Monday.
Premier Investments, which owns Peter Alexander and Portmans, has advised it does not currently intend to make a takeover offer for Myer.
This is not the first time Lew has made a department store power play.
In 2014, Lew was at the centre of a takeover bid for David Jones by South African group Woolworths.
Lew snapped up a 10% holding which blocked Woolworths from closing the deal.
Woolworths agreed to purchase his 11.8% minority stake in Country Road, netting him a profit of $190 million.
Woolworths was then cleared to purchase David Jones, also later adding Politix to its portfolio.
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