Finance

Private equity group's faith in new oceans fund unshaken by global economic uncertainty

The company is looking for tech or ocean-based companies, but sees a particular challenge with the seafood sector.

Portugal is a small country with a big coastline, and most of the team is connected to the ocean in one way or another, said Indico Capital's co-founder Stephan Morais.
Portugal is a small country with a big coastline, and most of the team is connected to the ocean in one way or another, said Indico Capital's co-founder Stephan Morais.Photo: Indico Capital
Published 4 April 2022, 07:01Updated 4 April 2022, 13:19
PortugalPrivate equityMergers & AcquisitionsTechbiotech