Lithium Makers for Tesla Batteries Get a Dedicated Hedge Fund
- Ex-CQS manager runs $250 million Westbeck Electric Metals Fund
- London fund targets 200 companies, hires former lithium CEO
Why Electric Cars Aren't Taking Over Yet
This article is for subscribers only.
Will Smith, a former partner at Michael Hintze’s investment firm CQS U.K., is starting a hedge fund that will bet on companies whose products and services will benefit from a boom in electric cars.
The Westbeck Electric Metals Fund is expected to begin trading next month and aims to raise a maximum of $250 million, according to a document seen by Bloomberg News. Smith, who was the head of natural resources at CQS before starting London-based Westbeck Capital Management in 2016, declined to comment.