Mumbai— Lighthouse Canton, a global investment institution, has announced the appointment of Pranob Gupta as Managing Director – Business Head, India Alternatives (Credit & Hybrid Strategies), as part of the continued expansion of its asset management business.
With over 23 years of experience in alternative investments, Gupta will lead the growth of Lighthouse Canton’s India Alternatives funds platform, focusing on proprietary origination, investment management, and cross-border partnerships. His mandate includes scaling the firm’s credit and hybrid strategy offerings, a key focus area in India’s rapidly expanding alternatives market.
Prior to joining Lighthouse Canton, Gupta served as Managing Director and Chief Investment Officer at JM Financial Credit Alternatives platform. His career spans leadership roles at 360 One, KKR, and Kotak Alternates, with earlier positions at Deutsche Bank and Credit Suisse, building an impressive track record across the alternative investment spectrum.
Welcoming the appointment, Sanket Sinha, Managing Director – Chief Executive Officer, Global Asset Management at Lighthouse Canton, stated, “We are pleased to welcome Pranob to Lighthouse Canton. India’s alternative assets market is estimated at around $400 billion AUM and projected to expand up to $2 trillion over the next decade, there’s a compelling opportunity to capture attractive risk-adjusted returns. Pranob’s appointment reinforces Lighthouse Canton’s conviction in India’s booming private credit market, a key driver for our Alternatives platform. His leadership will accelerate our India franchise growth and strengthen our Global Asset Management platform.”
Commenting on his new role, Pranob Gupta added, “I am very excited to be a part of the tremendous growth journey of Lighthouse Canton. There is a huge scope for this platform to grow into a multi-billion-dollar Alternatives AUM franchise. The pan Asian and global nature of the firm opens up meaningful cross-border product and investor synergies. I look forward to this exciting journey.”
Headquartered in Singapore, Lighthouse Canton operates across key financial hubs including India, the UAE, and the UK, managing over USD 4 billion in assets and advisory (as of December 31, 2024). The firm’s asset management division leverages proprietary platforms, advanced analytics, and integrated investment solutions to offer clients seamless access to global investment opportunities.
The appointment further strengthens Lighthouse Canton’s momentum in India’s private credit market. Since entering the growth debt space in India, the firm has established significant institutional partnerships, including with NH ARP (Singapore entity of NH Securities, part of Korea’s NH Group) and Qatar Insurance Company (QIC), to co-invest in its private credit strategies.
Lighthouse Canton’s asset management arm offers a wide array of strategies across hedge funds, private equity, real estate private equity, private credit, venture capital, growth debt, public equities, and global macros. Its expanding alternatives platform continues to play a vital role in fostering cross-border investment flows and supporting emerging sectors across Southeast Asia and India.
