Singapore-based private equity firm 8F Asset Management Pte. Ltd. raised US$358 million at the final closing of its first fund 8F Aquaculture Fund I LP and its parallel vehicle 8F Aquaculture Fund I (Ireland), exceeding the fund's initial target.

The fund supports land-based salmon farming businesses. It has deployed capital in acquiring and developing aquaculture facilities in Poland, Japan, France and the U.S., with plans to develop more sites in China and Southeast Asia.

Israel-based AquaMaof Aquaculture Technologies was among the investors in the fund.