Singapore-based asset manager Lighthouse Canton plans to invest more than USD 1.5 billion in India over the next few years, focusing on private credit and real estate.
The firm aims to allocate over USD one billion to private credit and USD 500 million to real estate within the next three to four years. It has already invested over USD 350 million in Indian alternative assets, including a 1.2 million sq. ft. life sciences real estate portfolio in Hyderabad. Lighthouse Canton operates an India-focused growth debt fund and an early-stage venture equity fund. The company is also launching a new private credit fund, targeting USD 113.8 million to USD 170.7 million by 2026, with a focus on companies in sectors like IT and SaaS.
India's rapidly growing private credit market, which has attracted substantial global funds, presents opportunities, particularly in the mid-market segment. Lighthouse Canton currently operates seven offices across India, with expansion plans in Bengaluru and Mumbai.