8F Asset Management, a Singapore-headquartered impact-focused private equity firm, has raised $358 million for its debut fund that will finance its global land-based salmon aquaculture business, the company announced Wednesday.
The 8F Aquaculture Fund I, together with parallel fund 8F Aquaculture Fund I (Ireland), exceeded its original target and received commitments from a global network of institutional and sovereign wealth funds in Europe, Asia, the Middle East, Latin America, and the United States.
8F said the latest fund would provide it with a substantial capital base to begin its ambitious plan to develop Pure Salmon into the largest producer of sustainable Atlantic Salmon in the world.
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