Aqua-Spark, the investment fund focused on sustainable aquaculture, has made Forbes’ latest ‘Impact 50’ list, a compilation of the most notable impact investors pushing for both profit and change.
Through Aqua-Spark, Amy Novogratz and her husband, Mike Velings, have minority stakes in 20 companies, many of which are sustainable aquaculture farms.
The Utrecht-based fund has $177 million (€150.2 million) in assets, 190 investors from 29 countries and a net internal rate of return last year of 21.75 percent, according to Forbes.
Among Aqua-Spark's investments are Sogn Aqua, Calysta, Ace Aquatec, Swedish Algae Factory, Molofeed, Biofishency, Energaia, Fisher Piscicultura, CageEye, Protix and XpertSea.
To compile “The Impact 50” list Forbes identified primarily US-based individuals investing in ventures striving to have a positive social or environmental impact both domestically and around the world.
The media group researched US billionaires, as well as members of Forbes’ lists of the highest-paid athletes, highest-earning celebrities, 30 Under 30 and America’s Richest Self-Made Women.
It also spoke with experts in the field of impact investing.
Those on the list must have been involved in impact investing for a year or more, either with deployed capital or personal investments, and are respected in their field.
Assets under management devoted to impact investing -- which is defined as investing in companies that intend to generate a financial return as well as a positive, measurable social or economic impact -- grew to $715 billion (€606.9 billion) as of December, up from $502 billion (€426.1 billion) a year earlier, according to the Global Impact Investing Network (GIIN).
Nearly 90 percent of the 294 impact investors surveyed by the GIIN this year said they met or exceeded their financial expectations on their investments.
Read also:
How can aquaculture become a more investable sector? Aqua-Spark has some ideas
Seafood investors: Aquaculture sector will drive future M&A
---
Looking for a more in-depth look at the global land-based salmon sector? An upcoming IntraFish Business Intelligence report offers a detailed analysis into this exploding sector. Get more information or pre-order your report today at Intelligence@IntraFish.com.
