Erastus McCart on Unsplash
'Blue economy': Nestle-backed Ocean 14 Capital Fund closes at €201m
James Murray, Business Green
The Ocean 14 Capital Fund I announced late last week it has closed on €201m, having secured backing from a raft of high-profile corporates and institutional investors, including Nestlé, HQ Capital and The Green Earth Impact Fund managed by Schroders and BlueOrchard. The investment makes it the world's largest dedicated fund for a ‘blue economy' that is estimated by the OECD to be worth $3tr by 2030.
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