Sea Change Management, LLC, a San-Francisco-based private equity firm, introduced the Sea Change Investment Fund, LLC in March 2005. The Fund is capitalized with a program-related investment from the David and Lucile Packard Foundation, matched by a private equity investment.
The Sea Change Investment Fund is distinctive because it:
Is an environmentally-driven fund
Targets the middle of the seafood supply chain
Focuses solely on environmentally-preferable seafood
Shrimp fishing and sale prohibited for two months Mozambique
Mozambique fishing authorities announced that the fishing and sale of shrimp caught in the waters of the country will be prohibited for two months, in order to allow the recovery of stocks and preserve the resource.