Global investment institution Lighthouse Canton has announced the launch of its third private credit fund in India, the LC Luminere Credit Fund, aiming to capitalise on the country’s fast-growing private credit market.
The SEBI-registered Category II Alternative Investment Fund (AIF) is targeting a corpus of Rs 1,200 crore (around $130 million), including a greenshoe option, and will have a tenure of six years with an average deal duration of approximately three years.
