The world needs proteins with a lower environmental and climate footprint, and seafood innovation can create more sustainable aquaculture with reduced greenhouse gas emissions. “The seafood industry is facing major and exciting changes. The fund's first investment was in Redox, a technology company which develops new environmentally friendly technologies to improve fish welfare and biosecurity in the aquaculture industry.
![blue eq blue eq](https://i.ytimg.com/vi/hFhMkrNUCeU/maxresdefault.jpg)
The fund will mainly invest in Europe with a special focus on small and medium-sized Nordic and Norwegian companies.
![blue eq blue eq](https://www.ecipele.hr/media/catalog/product/cache/image/650x650/0/1/0190231274728_1__wj.jpg)
This includes digitalization and automation, hygiene systems, increased quality and traceability, improved fish health and welfare, as well as innovative production methods. Sustainable aquaculture is crucial to feed a growing population.īluefront Equity invests in companies that offer products, services and technology that contribute to a more sustainable seafood value chain. However, marine resources are scarce and according to the UN, more than a third of the fish stocks are being overfished. Seafood is a climate-friendly source of protein that is necessary to meet the global demand for food. Nysnø Climate Investments invests in the firm’s first fund, Bluefront Capital I. as a result of this transaction.Stavanger/Oslo 8 June 2021 – Bluefront Equity AS is a Norwegian venture capital fund investing across the seafood value chain to make it more sustainable. operation will total 200 people in the U.S. Simply put, this is Blue River continuing to live up to our commitment to always get better.” We are also better able to help support our clients’ ambitions to raise capital outside of the U.S. client base a highly responsive, team-led fund servicing platform in Europe and Asia. Together with IQ-EQ, we can offer our U.S. For us this transaction represents the natural evolution of Blue River by expanding our service lines and geographic reach on a global scale. We have built our business by thinking creatively, hiring very talented professionals and working hard for our clients every day. “The Blue River team is incredibly excited about this new endeavor. Michael Minces, President and founding partner of Blue River added: We look forward to working with the IQ-EQ team and are highly confident that together we will make a permanent and positive impact on the alternative asset industry.” For the Blue River team, not only does being part of a larger, global organization make perfect sense from a business perspective, it also offers significant benefits to each member of our team in terms of career progression and personal development opportunities. This acquisition is incredibly strategic as it will allow Blue River to provide global capabilities and solutions to our clients and give us a greater ability to scale with our clients as they grow and expand their businesses. We are excited to join forces with a firm that is like-minded when it comes to client service. “As we met with the management team of IQ-EQ, it quickly became apparent that our two firms take the same approach to business - hiring teams of very talented, experienced professionals and providing exceptional client service. On behalf of IQ-EQ I’m delighted to welcome the entire Blue River team to the Group and look forward to working together to showcase the combined strength of our offering.”īlue River’s founding partners, Mark Fordyce, Chief Executive Officer and Michael Minces, President, will assume the leadership of IQ-EQ’s U.S. Under the leadership of Mark Fordyce and Michael Minces we will be in an extremely strong position to capitalize on market opportunities in the U.S. We have been impressed by Blue River’s growth and professionalism.
![blue eq blue eq](https://wallpapercave.com/wp/oPCKl05.jpg)
“The acquisition of Blue River marks a key milestone for us as it strategically increases our presence in the U.S., the largest and fastest growing fund administration and regulatory compliance market in the world, cementing our position as one of the top 4 investor services firms globally. In addition, Blue River’s offering includes tax compliance and advisory services IT and cybersecurity consulting and managed services as well as a host of operations, tax and IT services to portfolio companies and assets owned by private equity funds.
![blue eq blue eq](http://vitasound.com/wp-content/uploads/2015/09/digital-equalizer-blue-ref.png)
Blue River was founded in 2009 and provides fund administration to private equity funds fund operations, middle office and outsourced CFO services to hedge funds management company operations services as well as regulatory compliance solutions across all advisory structures. Investor services provider IQ-EQ has acquired Blue River Partners, a U.S-based provider of outsourced solutions to alternative asset managers.