Lighthouse Canton Raises USD 40 Million from Peak XV to Fuel Regional Expansion

The Singapore-based investment firm marks its first external funding round as it doubles down on technology, talent, and alternative asset growth across Asia and the Middle East.

Global investment firm Lighthouse Canton has announced a US$40 million strategic funding round, led by Peak XV Partners and supported by existing backers like Qatar Insurance Company (QIC) and Nextinfinity.

Founded in 2014, Lighthouse Canton has grown organically to manage over US$5 billion in assets across Singapore, India, the UAE and the UK. 

The capital injection marks the firm’s first external fundraise, signalling a transition from independent growth to a new phase of expansion. The funds will be deployed to upgrade technology infrastructure, recruit senior leadership, broaden product capabilities, and expand into additional geographies. 

What this means in the regional context

Why now?

• Asia’s wealth-management and alternative-asset landscape is maturing. High-net-worth individuals (HNIs) and family offices are increasingly looking beyond traditional products into private markets, credit, venture and cross-border strategies.
  
• The rise of private credit, alternative strategies and founder-ecosystem aligned asset managers is creating demand for institutions with both global reach and regional understanding. For example, in India alone, Lighthouse Canton plans to invest over US$1.5 billion in private credit and real estate over the next few years.
  
• For asset managers, having a capital raise—especially at a growth junction—signals readiness to match evolving client needs, invest in tech and scale into new markets.
  

Lighthouse Canton’s positioning

Lighthouse Canton is positioning itself at the intersection of three evolving trends: wealth solutions for HNIs/family offices, cross-border asset management, and alternatives/private credit.
Their wealth-management arm serves founders, entrepreneurs and families; the asset-management side offers hedge funds, private equity, private credit, real estate, growth debt and more.
By securing strategic funding now, the firm aims to close the “scale gap” many regional asset managers face—building the infrastructure, leadership and product depth required for institutional sophistication.

Key strategic levers from the funding

Here are some of the specific deployment areas Lighthouse Canton has identified, and why they matter:

• Technology infrastructure: Upgrading platforms for portfolio management, reporting, distribution and risk-management is foundational for scaling and for appealing to institutional clients.
  
• Talent recruitment: Senior hires across product, distribution, alternative strategies will help the firm move from boutique to institution.
  
• Product expansion: The firm will broaden its offerings into newer alternative asset classes (private credit, venture, growth debt) which are in high demand in Asia.
  
• Geographic growth: With a footprint already in Singapore, India, UAE and the UK, the funding allows acceleration into other high-potential markets and stronger presence in key ones like India and the Middle East.
  
• Founder/family-ecosystem focus: By serving entrepreneurs and family offices (rather than only traditional institutional investors), the firm taps into an under-served segment that is increasingly global, tech-savvy and growth-oriented.
  

Risks and execution challenges

While the raise is a notable milestone, the path ahead is not without its challenges:

• Operational scaling: Building institutional processes, governance and global product capabilities is hard—especially for firms that scaled organically.
  
• Competition: The alternative-asset and wealth-management space in Asia is crowded. Differentiation will depend on track-record, regional expertise and operational rigour.
  
• Market risk: Private credit and alternatives typically require longer time-horizons and may be more exposed to macro-economic shocks. Managing returns and risk is key.
  
• Talent acquisition: Hiring senior talent in the alternatives space is competitive and expensive; attracting the right people in Asia still remains a bottleneck for many firms.
  
• Client conversion: Moving from managing smaller asset mandates to institutional-grade mandates requires more robust infrastructure, transparency and scale.
  

Lighthouse Canton’s US$40 million strategic funding round is more than just a capital boost—it is a strategic inflection point. As the firm transitions from a decade of independent growth into a new phase of institutional expansion, it positions itself to take advantage of Asia’s evolving wealth and alternative asset landscape. If executed well, the firm could become a bridge between global capital and local growth segments—from founders and family offices to cross-border private credit.
In the meantime, the context is clear: scale, product-depth and technology are no longer optional for asset managers in Asia. They are table-stakes. Lighthouse Canton is signalling that it is ready to play at that level.