Validus, Lighthouse Canton reopen trade finance fund with $14.8m injection

From L to R: Arno de Vette, Senior Investment Officer, FMO; Vikas Nahata, Co-founder and executive chairman, Validus Capital; Ajit Raikar, co-founder and CEO, Validus Capital; and Liu Genping, Partner, Vertex Ventures

Singapore’s leading SME lending platform Validus Capital and Lighthouse Canton, an independent asset management and family office advisory services firm, have announced the reopening of the LCV Trade Finance Fund in June 2019 with an additional capacity of $14.8 million (S$20 million), according to a press release.

The funds will be made available to Singapore’s small and medium enterprises particularly in the manufacturing, construction and marine sectors who face a financing gap.

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