Lighthouse Canton’s fund secures investment from Kotak Mahindra Asset Management

By Puja Sharma

Lighthouse Canton, a global investment institution, announced that its LC GenInnov Global Innovation Fund has secured an investment from Kotak Mahindra Asset Management, the India-based investment firm. This significant partnership highlights investor confidence in the fund’s strategy of investing in innovation-led public equities and marks a key milestone as Lighthouse Canton celebrates its 10th anniversary.

The LC GenInnov Global Innovation Fund focuses on identifying and investing in 30-35 high-potential companies poised for growth in the GenAI era. With a disciplined, research-driven investment philosophy, the fund targets businesses that demonstrate innovation, scalability, and profitability, offering investors diversified exposure across key themes such as Robotics, Technology, Consumer Electronics, Biotech, Healthcare, Mobility, and Material Sciences.

“We are deeply honoured by the trust shown by such an esteemed institution,” said Nilesh Jasani, Fund Manager of LC GenInnov Funds. “This is a milestone that underscores the confidence placed by our investors in our vision and approach. It marks a pivotal moment for our young fund, reinforcing our commitment to delivering exceptional value to our investors through our highly differentiated and innovative strategies.”

Commenting on the investment, Nilesh Shah, CEO of Kotak Mahindra Asset Management, said, “At Kotak AMC, we constantly seek to align our portfolio with forward-looking opportunities. Our investment in GenInnov Global Innovation Fund* reflects our strong conviction in the potential of global innovation leaders and our trust in the fund’s portfolio management team to potentially deliver long-term performance.”

Kotak Mahindra Asset Management’s investment strengthens the LC GenInnov Global Innovation Fund’s position as a compelling solution for investors seeking exposure to global innovation leaders. The partnership also reflects Kotak’s commitment to expanding its global footprint and aligning with transformative market opportunities.