“Anyone can see the pinecones in the tree. None can see the trees, none can foresee the forest in the pinecone.”
— Mark Spitznagel, The Dao of Capital
New West Capital is an independent, research-driven investment firm that brings a private-market mindset to public markets—focusing on business durability, capital discipline, and valuation rather than short-term narratives.
In an environment shaped by passive flows, rapid information cycles, and crowded positioning, we believe edge comes from doing the unglamorous work: studying how companies truly earn returns, what can erode them, and what a business is worth across a full cycle.
Our work is anchored by CoreQ™, our internal framework for evaluating and comparing companies on the fundamentals we believe drive long-run compounding. We pair that core research with a dedicated focus on corporate actions and catalysts—situations where outcomes are influenced by identifiable decisions, deal structures, or legal and balance-sheet realities, not just the market’s daily vote.
We exist to be a steady, high-conviction partner for clients who value clarity of philosophy, depth of underwriting, and a disciplined approach to risk.
Kyle Tushaus, CFA
founder, managing partner
Kyle Tushaus is the founder of New West Capital, where he leads the firm’s day-to-day investment work, including research, portfolio construction, and client communications.
He began his career in technical roles within the energy industry for Fortune 100 companies including GE and Halliburton before transitioning into finance to lead private-market acquisitions and asset management for family offices in California and Oregon.
He graduated from the University of Kansas with degrees in Mechanical Engineering and Finance, and is a member of the Chicago chapter of the CFA institute. He lives in Lisbon with his wife and daughter.