8F Asset Management co-founder, Pure Salmon backer Martin Fothergill dies

Published on
March 19, 2021

8F Asset Management Co-Founder Martin Fothergill has died after an "aggressive illness," according to the firm.

Fothergill co-founded the Singapore-based impact investing private equity firm in 2017 and served as a partner there until his death on 13 March, according to a company announcement on LinkedIn. He was 52 years old.

"With an unparaelled level of dedication, hard work, and with unquestionable judgment, Martin has been instrumental in shaping the strategy and vision as well as in building the robust foundations for the long-term success of 8F and Pure Salmon," the company said. "He left an indelible imprint on both companies and on all of us. And he did so with brilliant leadership, in the friendliest and kindest manner and with his magnetic charisma; he was a true and rare gentleman."

Before co-founding 8F, Fothergill spent 18 years in various positions at Deutsche Bank, moving from managing director and head of hedge fund managed accounts, to managing director and global head of liquid alternatives, and to managing director and global head of multi-asset products. 

Fothergill led 8F's backing and expansion of Pure Salmon, which is developing land-based Atlantic salmon farms around the globe, with recirculating aquaculture system (RAS) projects completed in Europe and additional farms planned in Japan, France, North America, China, Southeast Asia, and Africa.

“Pure Salmon was created for the sole-purpose of developing large-scale, land-based salmon farming,” Fothergill told SeafoodSource in February 2020. “Our mission is to provide sustainable, environmentally friendly salmon production.”

Fothergill and his partners at 8F developed a strategy of building out smaller operations instead of larger RAS farms, and a focus on building the Pure Salmon brand of salmon.

"Beyond this difficult time of painful mourning together with his wife and family, we are all resolved to multiply our own dedication to follow his example and commitment to achieve the highest standards of execution and success for 8F and Pure Salmon," 8F said in its statement.

Photo courtesy of 8F Asset Management

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