Private equity firm Swen Capital Partners is on the hunt for additional investors for its newly launched Blue Ocean fund, after quickly raising €52 million ($60 million) in its initial round.

The France-based firm closed its first funding round in July, and aims to have a second closing in place by November, with a final target size of €120 million ($140 million), partner Christian Lim told IntraFish.

The fund’s mission is to invest in startups and innovative companies that work towards ocean health, Lim said.