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Ocean-impact fund invests in barramundi farmer
The company is planning to more than double production over the next couple of years.
The Global Fund for Coral Reefs (GFCR), a fund managed by Pegasus Capital Advisors, has invested in Sri Lankan barramundi farmer Oceanpick, the company announced.
The amount of the investment was not disclosed.
"This investment aims to showcase advanced sustainable aquaculture practices, promote economic development in local communities, and support climate-resilient livelihoods for coastal communities in Sri Lanka," according to a company statement.
