8F Asset Management

What 8F Asset Management does

8F Asset Management is a Singapore-headquartered, privately-held alternative asset manager founded by Stephane Farouze in 2016. The firm manages private equity funds dedicated to impact investing in sustainable aquaculture, with a single core product: a vertically integrated Atlantic Salmon farming and processing platform operated through its wholly-owned portfolio company, Pure Salmon. Pure Salmon uses land-based Recirculating Aquaculture System (RAS) technology that recirculates more than 99% of water to produce Atlantic Salmon free of antibiotics, hormones, pesticides, and microplastics, with a stated global production ambition of 260,000 tons per annum.

8F's technology and operating footprint are concentrated in the Pure Salmon platform, which is constructing a 10,000 MT RAS facility in Tsu, Mie Prefecture, Japan (USD 640 million total project funding, first harvest targeted February 2028) and a EUR 275 million, 10,000 MT facility in Le Verdon-sur-Mer, France (CODERST opinion secured). The firm derives revenue from management fees on assets under management in its private equity funds and from carried interest on investment returns above preferred return thresholds. Pricing and fund terms are negotiated bilaterally with institutional and accredited investors on a fund-by-fund basis and are not publicly disclosed.

8F serves two primary customer segments: institutional investors (pension funds, sovereign wealth funds, insurance companies) and high-net-worth individuals and family offices, both seeking exposure to Article 9 SFDR-aligned, UN SDG-mapped impact opportunities. The firm is regulated across multiple jurisdictions — MAS in Singapore, SFC in Hong Kong, and FSRA in Abu Dhabi — with group offices in Singapore (headquarters), Abu Dhabi, Hong Kong, London, and Frankfurt. Distribution is direct and relationship-driven, supported by signatory status under the UN Principles for Responsible Investment and the UNEP FI Sustainable Blue Economy Finance Principles, rather than through third-party placement agents.

Name

8F Asset Management

Legal name

8F Asset Management Pte. Ltd.

Website

https://8f-am.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

8F Asset Management is a Singapore-based private equity firm managing impact funds that wholly own Pure Salmon, a vertically integrated land-based Atlantic Salmon farming platform using Recirculating Aquaculture System technology for institutional and accredited impact investors.

Ownership category

akta.pro rank

Product category

Private Equity Asset Management

NAICS

Finfish Farming and Fish Hatcheries (112511), Aquaculture (11251), Animal Production and Aquaculture (112)

SIC

Agricultural Prod-Livestock & Animal Specialties (200), Agricultural Services (700)

akta.pro primary industry

Recirculating Aquaculture Systems (RAS) & Land-Based Farming (AFAEAAAG)

akta.pro secondary industries

Finfish Farming (e.g., salmon, tilapia, catfish) (AFAEAAAA), Hatchery Equipment, Systems & Technology (RAS Hatcheries, Incubation, Grading, Transport Systems) (AFAEAKAL)

Keywords

• Private equity funds
• Sustainable aquaculture
• Impact investing
• Asset management
• Wealth management

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Fund Management Fees: 8F Asset Management generates revenue through management fees charged on assets under management in its private equity funds focused on aquaculture and sustainable protein production.
2. Performance Fees / Carried Interest: The firm earns performance-based carried interest on investment returns generated for fund investors above preferred return thresholds, aligning manager and investor interests.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

8F Asset Management Pte. Ltd. manages private equity funds that invest in vertically integrated aquaculture production and processing facilities through its wholly-owned portfolio company Pure Salmon. The firm deploys capital into land-based sustainable Recirculating Aquaculture System (RAS) technology to produce clean Atlantic Salmon without antibiotics, hormones, pesticides, or microplastics, targeting material positive social and environmental impact alongside financial returns. Core activities include fundraising from institutional and accredited investors, deploying capital into Pure Salmon's global RAS facilities, and overseeing portfolio operations across multiple jurisdictions.

Product overview

8F Asset Management is a Singapore-headquartered asset manager offering a single unified investment product: private equity funds focused on sustainable aquaculture through its portfolio company Pure Salmon. Pure Salmon operates as a globally integrated Atlantic Salmon production business, with facilities in France (10,000 MT planned capacity) and Japan (10,000 MT facility in Tsu, Mie Prefecture with $640 million total funding). The company uses proprietary RAS technology that recirculates more than 99 percent of water to produce sustainable salmon without antibiotics or hormones.

Differentiator

Problem solved

Functional benefit

Brands

• Pure Salmon: Global vertically integrated Atlantic Salmon farming and processing business using innovative and sustainable land-based Recirculating Aquaculture System (RAS) technology. Produces clean, fresh, and healthy Atlantic Salmon locally for local consumers. Fish is free of antibiotics, hormones, pesticides and microplastics. Has ambition to become the world's largest sustainable Atlantic Salmon producer with global production target of 260,000 tons p.a.

Products and services

• 8F Aquaculture Private Equity Funds Private equity funds managed by 8F Asset Management Pte. Ltd. that invest in vertically integrated aquaculture production and processing facilities via Pure Salmon, using land-based sustainable Recirculating Aquaculture System (RAS) technology. Targeted at institutional investors, pension funds, sovereign wealth funds, insurance companies, family offices, and accredited investors seeking both financial returns and material positive social and environmental impact aligned with UN Sustainable Development Goals.
• Pure Salmon (Vertically Integrated Atlantic Salmon Production) Wholly-owned portfolio company of 8F's aquaculture funds, operating a global vertically integrated Atlantic Salmon farming and processing business using land-based RAS technology. Pure Salmon produces clean, fresh, and healthy Atlantic Salmon locally for local consumers, free of antibiotics, hormones, pesticides, and microplastics, without causing ocean damage or requiring long-distance transport. Includes planned or funded facilities in France (Le Verdon-sur-Mer, 10,000 MT planned capacity, EUR 275 million investment) and Japan (Tsu, Mie Prefecture, 10,000 MT facility with USD 640 million total project funding including a USD 180 million preferred notes financing led by Fortress Investment Group with TOR Investment Management).

Quantifiable outcome

• More than 99% water recirculation rate in RAS facilities
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Mowi: Mowi is the world's largest Atlantic Salmon producer, primarily via ocean-based farming. It is comparable to Pure Salmon as a producer of Atlantic Salmon but operates at vastly larger scale via conventional aquaculture methods.
• Cermaq: Cermaq is a major global salmon producer owned by Mitsubishi, operating ocean-based salmon farms in Norway, Chile, and Canada. Comparable to Pure Salmon as a producer of Atlantic Salmon but with a traditional aquaculture footprint.
• SalMar: SalMar is one of the world's largest salmon farming companies, including via its Ocean Farm 1 offshore concept. It competes broadly with Pure Salmon in the Atlantic Salmon market but uses ocean-based and offshore technology rather than land-based RAS.

Emerging players

• Anthos Capital: Anthos Capital is an impact-first investment manager focused on sustainable food systems and natural capital. Comparable to 8F as an impact-led fund manager but with a broader mandate beyond aquaculture.
• AquaBounty Technologies: AquaBounty operates land-based RAS aquaculture for genetically engineered salmon. Comparable to Pure Salmon as a smaller land-based salmon producer using RAS technology.

Direct peers

• Aqua-Spark: Aqua-Spark is a Netherlands-based impact investment fund dedicated entirely to sustainable aquaculture across the value chain. It is the closest direct peer to 8F in terms of being an aquaculture-focused PE/impact fund manager targeting institutional capital.
• Hatch Blue: Hatch Blue is a global aquaculture accelerator and investor deploying capital into aquaculture ventures. It is comparable to 8F as a sector-specialist investment platform focused on aquaculture innovation and scaling.
• Atlantic Sapphire: Atlantic Sapphire operates land-based RAS facilities for Atlantic Salmon in Florida and Denmark, directly competing with 8F's portfolio company Pure Salmon in the same technology category and target species.
• Nordic Aquafarms: Nordic Aquafarms (now Andfjord Salmon and related entities) develops land-based salmon RAS farms in Norway and the US. Directly comparable to Pure Salmon's land-based Atlantic Salmon production model.

Others

• Veramaris (DSM-Evonik JV): Veramaris produces sustainable omega-3 from natural marine algae for aquaculture feed. It is comparable to 8F/Pure Salmon as part of the sustainable aquaculture value chain enabling reduced dependency on wild-caught fishmeal.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 8F Asset Management