Key Takeaways
- • Lighthouse Canton, a Singapore-based asset manager, commits to deploying over $1.5 billion in India across private credit and real estate over the next three to four years, positioning India as one of its top alternative investment destinations globally.
- • The firm targets $1 billion+ in private credit and $500 million in real estate investments, with a new India-focused private credit fund expected to raise 10–15 billion rupees ($113.8–$170.7 million) by January 2026.
- • Lighthouse Canton has already deployed $350 million in Indian alternative assets and manages a 1.2 million square-foot life sciences real estate portfolio in Hyderabad, demonstrating established operational presence in the market.
- • The private credit strategy will focus on mid-to-growth stage companies with cross-border opportunities, acquisition financing, turnaround investing, and asset-light models such as IT and SaaS firms—segments underserved by traditional banking channels.
- • With $4 billion in global assets under management and advisory, Lighthouse Canton's India expansion reflects broader institutional confidence in India's rapidly growing private credit market, where alternative financing has accelerated demand from companies seeking acquisition and dividend financing.
Summary
Singapore-based asset manager Lighthouse Canton announced plans to invest over $1.5 billion in India across private credit and real estate over the next three to four years, according to statements made by senior executives to Reuters on October 28. Sanket Sinha, managing director and CEO of Lighthouse's global asset management business, framed India as a top-tier investment destination for the firm's alternatives strategy, stating: "For alternatives, private equity in real estate and private credit space, India will be one of our top plays. We see India becoming one of the largest investment destinations for Lighthouse Canton."
The investment commitment breaks down into two primary segments: the firm aims to exceed $1 billion in private credit and $500 million in real estate investments. This represents a substantial expansion of Lighthouse Canton's existing Indian footprint. The company has already deployed over $350 million in Indian alternative assets and operates a 1.2 million square-foot portfolio of life sciences-related real estate in Hyderabad, comprising research and development laboratories. The firm currently manages a growth debt fund serving mid-to-growth stage companies across India and Southeast Asia, alongside an early-stage India-focused venture equity fund. Globally, Lighthouse Canton oversees $4 billion in assets under management and advisory.
The firm intends to launch a dedicated India-focused private credit fund by January 2026, targeting capital raises of 10–15 billion rupees ($113.8–$170.7 million). According to Pranob Gupta, managing director of India alternatives at Lighthouse Canton, the fund will emphasize companies with cross-border expansion opportunities, acquisition financing needs, turnaround scenarios, and asset-light business models with strong cash flow generation—particularly in technology and SaaS sectors. This targeting strategy addresses a structural gap in India's financing landscape, where traditional banking channels have underserved acquisition financing, dividend recapitalizations, and promoter funding needs, thereby catalyzing rapid growth in the broader private credit market.
The investment commitment breaks down into two primary segments: the firm aims to exceed $1 billion in private credit and $500 million in real estate investments. This represents a substantial expansion of Lighthouse Canton's existing Indian footprint. The company has already deployed over $350 million in Indian alternative assets and operates a 1.2 million square-foot portfolio of life sciences-related real estate in Hyderabad, comprising research and development laboratories. The firm currently manages a growth debt fund serving mid-to-growth stage companies across India and Southeast Asia, alongside an early-stage India-focused venture equity fund. Globally, Lighthouse Canton oversees $4 billion in assets under management and advisory.
The firm intends to launch a dedicated India-focused private credit fund by January 2026, targeting capital raises of 10–15 billion rupees ($113.8–$170.7 million). According to Pranob Gupta, managing director of India alternatives at Lighthouse Canton, the fund will emphasize companies with cross-border expansion opportunities, acquisition financing needs, turnaround scenarios, and asset-light business models with strong cash flow generation—particularly in technology and SaaS sectors. This targeting strategy addresses a structural gap in India's financing landscape, where traditional banking channels have underserved acquisition financing, dividend recapitalizations, and promoter funding needs, thereby catalyzing rapid growth in the broader private credit market.
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