Global investment firm Lighthouse Canton has officially launched the LC Luminere Credit Fund, a ₹1,200 crore ($130 million) investment vehicle designed to tap into India’s rapidly expanding private credit market.
The SEBI-registered Category II Alternative Investment Fund (AIF) includes a greenshoe option and will operate with a six-year tenure, though individual deals are expected to average around three years.
Capitalizing on Mid-to-Large Market Demand
The LC Luminere Credit Fund aims to address a growing financing gap by delivering senior secured structured credit to mid-to-large-sized, real-economy companies. By utilizing strategies backed by robust collateral, the fund intends to provide investors with stable periodic cash yields alongside equity-like upside potential.
According to the firm, capital will be deployed across several strategic areas, including:
Growth and expansion capital
Acquisition financing
Sponsor-backed transactions
Refinancing and cross-border opportunities
“The fund’s strategy is centered on senior secured lending to real-economy companies, supported by robust collateral,” the company stated, highlighting its focus on minimizing risk while maximizing predictable income.
Strong Pipeline and Global Footprint
Lighthouse Canton enters the market with immediate momentum, having already warehoused its initial investments. The firm reports a strong proprietary deal pipeline spanning key sectors, including industrials, consumer companies, and diversified conglomerates.
This pipeline is supported by the institution’s extensive origination network, which boasts access to over 500 issuer relationships and more than 1,000 promoter families across its pan-Asia alternatives platform.
Headquartered in Singapore, Lighthouse Canton is a prominent global investment institution specializing in wealth and asset management. The firm employs over 220 professionals across its offices in Singapore, Dubai, London, and India, and currently oversees more than $5 billion in assets under management.
By: Sandhya Bharti
