Since launching Bregal Partners, a private equity fund dedicated in part to seafood, last February, fund Managing Partner Scott Perekslis and his team have ruled out two of the largest seafood sectors in the world.

“Salmon has not been something that we’ve been looking at,” Perekslis told IntraFish on Friday. “There are a lot of substitutes, there is a very vibrant market around it, there’s a lot of political and environmental issues around all of them.”

Shrimp, the most popular seafood item in the United States, is also a no-go.

“It