Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Mike Velings, Founder, founder and managing partner of Aqua Spark. (Photo: Aqua-Spark)

Aqua-Spark raises firther funds for aquaculture businesses

Click on the flag for more information about Netherlands NETHERLANDS
Friday, April 21, 2017, 22:50 (GMT + 9)

Netherlands-based firm Aqua-Spark is raising further capital for its open-ended fund to target aquaculture businesses, according to filings made with the US Securities and Exchange Commission.

Sources from the firm focusing on aquaculture investments pointed out that around 90 per cent of the fund’s capital will be invested in established businesses with good growth prospects, while the remaining ten per cent will go to riskier, disruptive companies and the World Fish Incubator programme, which supports aquaculture start-ups.

Aqua Spark takes minority stakes for between EUR 250,000 and EUR 5 million in SMEs, which work towards the production of safe and accessible aquatic life.

The company is aiming to raise EUR 400 million over a ten-year period, and completes a valuation every six months to allow extra capital into the fund.

Pending the current valuation, Aqua-Spark holds EUR 23.22 million in its fund and EUR 14.6 million in a co-investment pool – bringing the total committed capital to EUR 37.82 million.

The fund has attracted 74 LPs – including smaller institutional investors, family offices and high-net-worth individuals – from 14 countries.

It reached a first close at the beginning of 2015 and has so far made seven investments. Aqua-Spark aims to complete 60 to 80 deals across the globe during the fund’s lifetime.

All of Aqua-Spark’s portfolio companies must meet the three principles of economic, environmental and social sustainability: they must generate enough cash to reinvest and provide a return to stakeholders, seek to maintain or enhance ecosystem services, and create jobs and reduce poverty.

Aqua-Spark’s most recent deals were in Love-The-Wild, a US-based company which creates sustainable frozen seafood cooking kits, and Indian Ocean Trepang, a sea cucumber farming operation in Madagascar.

Aqua-Spark was founded by Mike Velings, an entrepreneur who also established payroll system Connexie.

 

 

[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Norway
Oct 21, 02:30 (GMT + 9):
Haddock quality improves with live storage
United States
Oct 21, 01:50 (GMT + 9):
Walleye could open new aquaculture opportunities at Wisconsin
Spain
Oct 21, 01:40 (GMT + 9):
Galicia and Cape Verde strengthen collaboration on fisheries
United States
Oct 21, 00:20 (GMT + 9):
Live cam could show real Atlantic cod status
United Kingdom
Oct 21, 00:10 (GMT + 9):
Marine Harvest loses 125,000 salmon in Scotland due to disease outbreak
Chile
Oct 20, 23:50 (GMT + 9):
Precautionary closure of wellboat sinking zone ordered in Chiloé
United States
Oct 20, 22:40 (GMT + 9):
ARS researchers develop strep-resistant tilapia
United States
Oct 20, 22:20 (GMT + 9):
IN BRIEF - Salmon sex linked to geological change
Spain
Oct 20, 22:20 (GMT + 9):
Trawling modifies predator-prey relationships
New Zealand
Oct 20, 22:00 (GMT + 9):
IN BRIEF - Study predicts changes in marine ecosystems
Australia
Oct 20, 22:00 (GMT + 9):
IN BRIEF - Queensland to introduce mandatory GPS trackers for commercial fishermen to track sustainable catch
China
Oct 20, 22:00 (GMT + 9):
IN BRIEF - Asia's largest deep-water cage farming base in Hainan
Australia
Oct 20, 22:00 (GMT + 9):
IN BRIEF - Tasmanian seafood production approaches AUD 1 billion
United States
Oct 20, 21:40 (GMT + 9):
Miami offers ideal conditions to produce salmon at large scale
United States
Oct 20, 03:00 (GMT + 9):
IN BRIEF - Shrimp Task Force supports dredging over diversions



Lenguaje
FEATURED EVENTS
  
TOP STORIES
South Pacific RFMO highlights improved horse mackerel biomass
Chile The Undersecretariat of Fisheries and Aquaculture described the announcement of the South Pacific Regional Fisheries Management Organisation on the horse mackerel status as good news.
WTO panel rules against South Korean ban on Japanese seafood imports
Switzerland South Korea is considering appealing the World Trade Organization panel ruling in favour of Japan over its import restrictions on Japanese seafood after the 2011 Fukushima nuclear disaster.
Haddock quality improves with live storage
Norway Nofima researchers have concluded that if the haddock is caught alive and kept in tanks up to slaughter, high quality products may be produced with all the capture.
Over 400 fisheries participate now in MSC program
United Kingdom The Marine Stewardship Council is celebrating its 20th anniversary by releasing a special edition of its Annual Report, showing that more than 400 fisheries, landing 14 per cent of global marine catch by volume, are now engaged in its program.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2017 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER