How to minimize following function in CVX form

Have you proven the constraint is convex? It’s not obvious to me that it is. Actually, it’s not even obvious to me what the optimization problem specification even is. If L is a (2 by 2 ) matrix, what is 1 in 1 - L ? Maybe its supposed to be an I and is the identity matrix?

This problem will be marked non-convex until such time as you show that it is convex. I advise you to start by making a very clear statement on what everything is, including dimensions, and making clear what is input data and what are the optimization (decision) variables and make sure that ALL constraints are explicitly stated. Then determine whether that problem is convex. When you have done this, you may update your post.