Net-pen aquaculture is facing ever-growing climate headwinds. 2023 was the hottest year on record, and warming waters have become a direct catalyst for the proliferation of parasites, algae blooms, and diminished oxygen levels. Each presents significant stand-alone challenges for farmers, let alone when coupled together.
"Imagine walking out of a grocery store with four bags of groceries, dropping one in the parking lot, and not bothering to pick it up. That's essentially what we're doing," says one food scientist at the National Resources Defense Council.
There are a couple of deceptively simple metrics that best help management tell their story to investors. How can we use them in promoting Recirculating Aquaculture Systems?
Novel proteins derived from insects are gaining traction among investors and entrepreneurs for their attractive environmental and economic business models.
Why has institutional investment been so elusive for RAS fish farming? It’s a valid (and frustrating) question that the aquaculture community has been wrestling with for years. After all, fish farming using Recirculating Aquaculture Systems (RAS) has much to offer sustainability-minded investors, the fastest-growing institutional investor class.
Earlier in November, Butterfly Equity, Equilibrium Capital and a US public pension fund agreed to provide project financing for Pacifico Aquaculture.
Peritus Capital is pleased to announce its role as Lead Arranger and Financial Advisor to Pacifico Aquaculture SAPI de CV (Pacifico) concerning its project financing agreement with Equilibrium Capital. Terms of the transaction were not disclosed.
'As we can see right now, things have changed significantly. Money is no longer cheap,' according to Howard Tang
Presentation by Howard Tang of Peritus Capital at Seafood Expo Global 2022
Led by a former managing partner at Norwegian asset finance firm Lighthouse Finance, New York City, U.S.A.-based Peritus Capital hopes to provide financing to aquaculture operations with a sustainability focus.
Peritus Capital CEO Howard Tang, CFA moderated an ESG panel entitled "ESG Creates Value, Not Just Investment Returns" on behalf of CFA Society New York. Howard was joined by Aniket Shah, PhD, Mariela Vargova, Ph.D., Lisa Hayles, and Kate Ahern to discuss how an effective #ESG proposition links to higher value creation.
Howard Tang, CEO and partner in New York-based Peritus Capital, wants his newly-launched investment firm to focus not only on sustainable aquaculture, but broaden its focus to cover
Peritus Capital is a newly established boutique investment firm catering to both early stage and established corporates that integrate Environmental, Social, Governance (ESG) principles into their business models