King Street and Tor Investment Management provide USD 110m of alternative financing
King Street Capital Management, a leading global alternative investment firm, and Tor Investment Managemenet, a leading independent alternative credit manager in Asia, announced a USD 110m financing solution for Soul of Japan (SOJ), a land-based Atlantic salmon farm project in Tsu City. SOJ is backed by 8F Asset Management, an impact-focused private equity firm.
The financing will support the ongoing construction of the SOJ farm and the ultimate completion of the project, which commenced in 2023 and is progressing, with the first harvest expected in mid-2027. King Street and Tor's financing is underpinned by strong aquaculture market demand, particularly as wild fish stock levels continue to decline. Once the project is completed, SOJ will operate a state-of-the-art recirculating aquaculture system and be the largest land-based facility in Asia, effectively establishing a locally produced supply of Atlantic salmon for a market that has traditionally relied exclusively on imported product.
About King Street Capital Management
King Street is a global alternative investment firm founded in 1995 that manages more than USD 27bn in assets across public and private markets. The firm marries rigorous fundamental research with tactical trading and differentiated sourcing capabilities to identify dislocations and mispriced investment opportunities across asset classes, up and down the capital structure.
King Street's Global Drawdown Strategy focuses on special situations and idiosyncratic, complex and process-driven investment opportunities that require exceptional sourcing capabilities and extensive legal and analytical skills. This includes investments across corporates, asset-backed and structured credit, and claims and retailed investments.
About Tor Investment Management
Tor Investment Management is a leading independent alternative credit manager with USD 2bn under management, investing in corporate and real estate financings across Asia-Pacific. The firm manages evergreen funds, closed-end funds, and co-investments for its investor base, including pension funds, sovereign wealth funds, endowments, foundations, and family offices.
The Tor Asia Credit Opportunity Fund strategy focuses on secured private lending and opportunistic distressed investments across Asia-Pacific with an experienced investment team who have the ability to source and structure deals directly from extensive networks across the region.
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