Nishant Gupta, a former Partner at Clean Energy Transition, the London-based hedge fund firm spun out of Lansdowne Partners by Per Lekander two years ago, is gearing up to launch a new long-short equity fund focused on the green economy, according to a report by Reuters.
The report cites Gupta as confirming in a telephone interview that the new firm, Kanou Capital, is raising an undisclosed amount of cash ahead of a planned launch on 1 July when it will begin betting on themes including clean technology and the electrification of transportation. The fund will also place wagers on businesses affected by the global shift away from fossil fuels, such as industrials, power and commodities.
“We will see a lot of investment in the energy transition in the next 25 years,” Gupta said. “There will be many winners and losers, so it’s a perfect time to start.”
According to a filing with the UK’s Companies House, Kanou Capital was incorporated in mid-February, with Gupta set to serve as Portfolio Manager leading a team of four Analysts.
