The European impact firm has raised €95m for its ocean impact strategy and plans to invest in biodiversity measurement tools to dive into biodiversity credits.
The GP says it will not receive 50% of its carried interest if it fails to meet new fund’s impact goals, which will be verified by an independent third party.
The land-based aquaculture company will establish facilities in Abu Dhabi, China and Brunei as it targets to produce 260,000 tonnes of salmon per annum.
Joint ventures, new funds and private placements all focused on securing exposure to new and existing aquaculture businesses points to a long-term interest in the industry.
Neptune brings the aquaculture experience of ex-AMERRA head of PE Thor Talseth while Stafford has been ramping up its ag credentials for the last three years – what can the duo accomplish?