Global investment firm Lighthouse Canton has completed a ₹105 crore (₹1,050 million) private credit investment in Emerald Leisures Limited through its India based Category II Alternative Investment Fund (AIF), LC Luminere Credit Fund, along with affiliated entities.
The investment will provide long-term growth capital to Emerald Leisures, a BSE-listed leisure and hospitality company, reinforcing Lighthouse Canton’s growing presence in India’s private credit market.
Private Credit Facility to Support Emerald Leisures’ Growth
According to the company, the investment has been structured to provide long-term financing for Emerald Leisures’ expansion plans.
The transaction has been executed through secured non-convertible debentures (NCDs), with the facility backed by the company’s operating cash flows. Additional security includes collateral, escrowed cash flows, promoter support, and identified liquidity events, providing a structured financing framework for the investment.
The funding is expected to strengthen Emerald Leisures’ financial position as it pursues future growth opportunities in the hospitality and recreation sector.
Emerald Leisures Operates Club Emerald in Mumbai
Emerald Leisures Limited owns and operates Club Emerald, a multi-sport, hospitality, and recreational destination located in Mumbai.
The company offers a range of leisure, hospitality, sports, and recreational facilities, catering to both individual members and corporate customers.
The latest funding is expected to support the company’s long-term expansion strategy while strengthening its operational capabilities.
Strengthening Lighthouse Canton’s Private Credit Portfolio
The investment further expands Lighthouse Canton’s private credit portfolio in India, where the firm focuses on providing structured financing solutions to established businesses across multiple industries.
Through its India private credit platform, the company offers customized capital solutions tailored to the financing needs of businesses seeking flexible alternatives to traditional bank lending.
Private credit has emerged as a rapidly growing asset class in India as companies increasingly look for non-dilutive funding options to finance expansion and strategic initiatives.
Managing Over $6 Billion Across Global Investment Strategies
Lighthouse Canton manages more than $6 billion in assets under management (AUM) for ultra-high-net-worth individuals (UHNIs), family offices, institutional investors, and global clients.
Its investment platform spans multiple asset classes, including private credit, growth debt, venture capital, real estate private equity, public equities, and global macro hedge fund strategies.
The firm’s diversified investment capabilities enable it to provide customized financing and investment solutions across different sectors and geographies.
Extensive Origination Network Supports Investment Strategy
Lighthouse Canton’s private credit platform is supported by a broad origination network, providing access to more than 500 issuer relationships and over 1,000 promoter families.
This extensive network enables the firm to source proprietary investment opportunities across industries while building long-term relationships with businesses seeking growth capital.
The latest investment in Emerald Leisures reflects the firm’s continued focus on structured private credit transactions backed by established businesses with predictable cash flows.
Private Credit Continues to Gain Momentum in India
India’s private credit market has witnessed significant growth in recent years as companies increasingly explore alternative financing options beyond traditional debt markets.
With institutional investors allocating more capital toward structured credit strategies, firms like Lighthouse Canton are expanding their presence by providing flexible financing solutions tailored to business requirements.
The ₹105 crore investment in Emerald Leisures underscores the growing role of private credit in supporting established Indian businesses while strengthening Lighthouse Canton’s position in one of the country’s fastest-growing alternative investment segments.
