NH Investment & Securities, Joint Investment Collaboration with Indian Asset Management Firm

NH Investment & Securities' Singapore subsidiary NH Absolute Return Partners (NH ARP) is partnering with Lighthouse Canton (LC), India's largest independent asset management firm, to invest in India.

NH ARP announced on the 17th that it held a memorandum of understanding (MOU) signing ceremony with Lighthouse Canton on the afternoon of the 16th at NH Investment & Securities' headquarters in Yeouido, Seoul, to commence joint private bond investments in the Indian region.

NH ARP is an in-house hedge fund and a subsidiary asset management company of NH Investment & Securities based in Singapore. LC, headquartered in Singapore, is India's largest independent specialized asset management firm, established in 2014, and has consistently grown over 50% annually, managing assets under management (AUM) of $3.5 billion (approximately 4.5 trillion KRW). Since its inception, LC has actively conducted asset management and investment activities in regions including New Delhi and Mumbai in India, Singapore, and Dubai.

Through this MOU, NH ARP plans not only to secure joint private bond investment opportunities in India and provide LC with Southeast Asian investment networks and business opportunities but also to actively explore potential business collaborations by leveraging its parent company NH Investment & Securities' largest domestic capital market network and the NongHyup Financial Group's business infrastructure. Furthermore, NH ARP intends to continuously strengthen its regional network and investment capabilities by focusing investments on promising innovative companies in India as well as in Southeast Asia. LC, since starting its India-focused private bond fund investment in February, has simultaneously accumulated continuous investment cases in Indian national fintech, Software as a Service (SaaS) innovative companies, and more.

Kim Hong-wook, CEO of NH Investment & Securities' Global Business Division, stated, "India is a representative market where not only private investments but the entire capital market is dynamically developing due to its high growth rate. This MOU signing has provided an opportunity to understand the Indian market more precisely." He added, "As a leading Korean capital market player, we plan to create synergies related to potential collaborative business with LC."

Gwon Ki-jung, CEO of NH ARP, added, "India's venture capital (VC) and private equity (PE) investment market is a vibrant market with high growth potential and, from an investor's perspective, an important exit market. It covers various fields such as fintech, consumer tech, SaaS, and business-to-business (B2B), with approximately $30 billion and about 250 capital exits annually through initial public offerings (IPOs) and mergers and acquisitions (M&A). Going forward, we will focus more actively on discovering investment opportunities and realizing exits targeting innovative Indian companies."

This content was produced with the assistance of AI translation services.