Lighthouse Canton Hires India Alts Expert
Singapore-headquartered Lighthouse Canton has appointed a 23-year veteran as an India alternatives expert.
Lighthouse Canton has appointed Pranob Gupta as managing director – business head, India alternatives (credit & hybrid strategies), according to a statement. In the role, he will be responsible for spearheading the growth of the firm’s funds platform.
Gupta has 23 years of industry experience in building and managing alternative investment strategies across India and beyond. He was most recently managing director and chief investment officer at JM Financial Credit Alternatives platform. Prior to that, he worked at 360 One, KKR, Kotak Alternates, Deutsche Bank and Credit Suisse.
«India’s alternative assets market is estimated at around $400 billion AUM and projected to expand up to $2 trillion over the next decade. [T]here’s a compelling opportunity to capture attractive risk-adjusted returns,» said Sanket Sinha, managing director – CEO, global asset management. «Pranob’s appointment reinforces Lighthouse Canton’s conviction in India’s booming private credit market, a key driver for our alternatives platform.»
Headquartered in Singapore, Lighthouse Canton has over 200 professionals across offices in Singapore, Dubai, India and London, overseeing over $ 4 billion of assets under management and advisory, as of end-2024.