Validus, Lighthouse Canton launch S$20m SME financing fund (Business Times) VALIDUS Capital and Lighthouse Canton Group launched a S$20 million fund to finance small and medium enterprises (SMEs) in Singapore on Friday, and hope to grow the fund to S$200 million in the next three years. The LCV Trade Finance Fund will invest in loans that originate from Validus' peer-to-peer lending platform. Validus, a portfolio company of Temasek Holdings' Vertex Ventures, has made disbursements of more than S$85 million over the past 24 months. Lighthouse Canton is an independent asset manager.
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