Fri, May 3, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Singapore multi-strategy fund seeks to capture the space between very large and very small institutions

Thursday, May 21, 2015

amb
Shilpi Chowdhary
Benedicte Gravrand, Opalesque Geneva for New Managers:

A Singapore-based, ex-Credit Suisse manager talks about his new global multi-strategy hedge fund.

Lighthouse Canton Pte Ltd was founded by Rajesh Sundaresan, CIO, and Shilpi Chowdhary, CEO. Sundaresan previously worked at Catalytic, Moon Capital, Citigroup, Credit Suisse and Barclays, and Chowdhary was at Credit Suisse and Citigroup.

When working at Credit Suisse, which he did for eight years, Chowdhary was managing one of the largest books out of Asia. There, he saw a gap in the market where a lot of HNWIs and family offices were looking to get institutional access, but could not make the progression. He decided to capture the space between very large and very small institutions.

So he set up a regulated entity in Singapore with Sundaresan, and many of their clients joined them.

Lighthouse Canton, currently staffed with 9 people, has two business verticals, he tells Opalesque. One is the wealth advisory business, and the second one is the asset management business.

"On the asset management business, we started off because we felt that there was a lot of talent available in the market, and hence the strategy to i......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1