Lighthouse Canton, a global investment institution, has announced the launch of its latest fund, the LC GenInnov Global Innovation Fund, which seeks to invest in global innovators poised for growth in the generative artificial intelligence (Gen-AI) era.
Through the Fund, Lighthouse Canton seeks to capitalise on the rapid pace of innovation and the transformative power of innovation-driven market opportunities. The LC GenInnov Global Innovation Fund is designed as an absolute return fund. It adopts an evidence-based strategy for investing in scalable and profitable companies, focusing on risk reduction through diversification across different geographies and sectors.
The Fund employs a distinctive four-bucket investment approach, categorizing investments according to innovation, scalability, market expansion potential, profitability, and valuation. By focusing on diversification, profitability, and valuation, it aims to strike a harmonious balance between innovative investments and financial stability.
“We are moving beyond the foundational elements of computing and large language models to harness AI's true potential through its application in real-world scenarios. It's in the downstream use cases—beyond chatbots, image editing, and text formation—that we see the transformative power of AI coming to life. Our Fund is poised to capitalise on these advancements, aiming to surpass transient trends by investing in groundbreaking innovations that promise enduring impact and value," said Nilesh Jasani, Portfolio Manager, LC GenInnov Innovation Fund.
Given the rapid pace of disruption, the fund follows an actively managed strategy. It invests predominantly in public equities and will also focus on investments beyond the technology sector, as Lighthouse Canton believes that the real beneficiaries of Gen-AI advancements will be found in application areas beyond the tech sector rather than in the initial creation of AI technologies.
The fund is available to professional and accredited investors seeking differentiated growth opportunities across all market cycles, focusing on capital preservation and attractive risk-adjusted returns.
