Lighthouse Canton, which manages over  $5 billion in assets, has launched LC Luminere Credit Fund, a Category II AIF, with a corpus of ₹1,200 crore ($130 million) and a greenshoe option.

The fund has a six-year tenure and average deal maturity of three years and aims to deliver attractive risk-adjusted returns through structured credit investments in mid-to-large companies.

The LC Luminere Credit Fund seeks to deploy senior secured structured credit strategies, combining predictable income with equity-like returns. Investments will span growth financing, acquisitions, sponsor-backed deals, refinancing, and cross-border opportunities.

Sanket Sinha, Managing Director & CEO, Global Asset Management at Lighthouse Canton, said, “India is entering a pivotal phase of private credit expansion, supported by strong macro fundamentals and a widening gap between credit demand and supply. LC Luminere Credit Fund is designed to deliver consistent, risk-adjusted returns by focusing on fundamentally strong businesses and disciplined credit underwriting.”

Pranob Gupta, Managing Director and Business Head – India Alternatives, added, “We aim to provide investors access to institutional-grade private credit opportunities while offering borrowers flexible, non-dilutive capital solutions.”

Backed by a dedicated investment team with a track record of deploying over $2 billion in structured debt, Lighthouse Canton said it will leverage its extensive origination network of 500 issuer relationships and 1,000+ promoter families. The fund has already warehoused its first investments and is building a pipeline across industrials, conglomerates, and consumer sectors.

Published on May 14, 2026