Roy Hoias, CEO and partner in aquaculture-focused investment firm Lighthouse Finance, told IntraFish the recent split with its New York team came at a time where their paths began to diverge.

Howard Tang, who had been a managing partner with Lighthouse Finance since 2016, established Peritus Capital in October, which not only focuses on sustainable aquaculture but other environmental, social and governance-oriented industries such as renewable energy and alternative proteins.