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A former partner at London-based hedge fund Clean Energy Transition, Nishant Gupta, is planning to launch his own long-short equity fund focused on the green economy.

The new fund, named Kanou Capital, is raising cash ahead of its launch on July 1, Gupta said in a phone interview Monday, without disclosing how much he’s looking to raise. Kanou will wager on themes such as clean technology and the electrification of transportation as well as businesses affected by the global shift away from fossil fuels, such as industrials, power and commodities.

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