Investment fund 8F, the global investment firm behind land-based salmon farming company Pure Salmon, has closed the first round of its 8F Aquaculture South-East Asia Fund at $61 million (€52 million) from a global network of institutional, sovereign and family offices investors. The fund is targeting $120 million (€102 million) in total commitments, the company said.
The newly raised South-East Asia fund will be deployed towards the construction and operation of a 10,000-metric ton Recirculating Aquaculture System (RAS) facility in Brunei for distribution to the regional market, the company said.
