A Singapore-Korean investment partnership will co-invest USD 20 million in the Indian private debt space, citing India’s vibrant market with significant exit opportunities across various sectors such as financial service and consumer.
Lighthouse Canton, a Singapore-headquartered global wealth and asset management investment institution, and NH Absolute Return Partners (NHARP), a Singapore-based asset management company of one of Korea’s largest securities firms, NH Investment & Securities, have signed a memorandum of understanding (MOU) for co-investing in Indian companies.
Under the MoU terms, Lighthouse Canton and NHARP will also explore opportunities for “greater collaboration across the Indian private markets space”.