Aqua-Spark CEO resigns; Co-founder Mike Velings to step up

Editorial Staff

Co-founder, Mike Velings to take up role as new CEO.

Sustainable aquaculture investment fund Aqua-Spark’s CEO Lissy Smit has announced her decision to resign from her role effective June 30th.

Smit expressed pride in the achievements made during her tenure, highlighting the fund’s progress in transforming the aquaculture industry.

“After mindful reflection, I have decided to move on from my role as CEO of Aqua-Spark,” she wrote on LinkedIn.

“I did not come to this decision lightly. I am proud of what we’ve accomplished as a team since I joined, and of our portfolio companies that are transforming the aquaculture industry around the world.”

Under her leadership, Aqua-Spark solidified its SFDR Dark Green Article 9 status and closed investments in companies such as Enifer, Wanda Fish, Tepbac, AquaRech LTD, and Hatch Blue’s Blue Revolution Fund. The fund also prepared for the launch of Aqua-Spark Africa, securing an anchor investment from KfW.

“I am stepping away from Aqua-Spark with confidence that the fund is in good hands with an incredibly talented team supported by a deeply experienced Supervisory Board,” she wrote.

“I want to thank Mike Velings and Amy Novogratz for the their strong vision of industry sustainability. We will continue to share a deeply held belief in investment as a vehicle for positive systems change.”

Smit plans to continue addressing global challenges in her future endeavors, with more details to be shared soon.

Aqua-Spark is invested in 28 portfolio companies, with more than $500 million in assets under management.

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