Singapore, [1st May 2025] – GenInnov Pte. Ltd., a new-age asset management firm licensed by the Monetary Authority of Singapore (MAS), today announced that it will assume full fund management responsibilities for the GenInnov Global Master Fund and GenInnov Funds Limited - a Cayman-registered master-feeder fund—effective 1 May 2025. This transition marks a significant step in GenInnov’s evolution and underscores its commitment to delivering focused, agile, and client-centric investment solutions.
The fund management transfer from geographies. Lighthouse Canton Pte. Ltd. to GenInnov Pte Ltd. enables the firm to sharpen its strategic direction and enhance operational flexibility, while staying true to its mission of investing in innovative and transformative companies across sectors and geographies.
"This is a watershed moment for our company", said Nilesh Jasani , Chief Executive Officer of GenInnov Pte. Ltd. “Launching our own fund management business allows us to build on our strong foundation, accelerate our growth trajectory, and deliver long-term value to our clients, team, and partners. We are energized by the opportunities that lie ahead.”
"Innovation is not just what we invest in - it’s what we do," said Rahul Sinha , Chief Operating Officer of GenInnov Pte Ltd. "We have already developed industry disruptive investment research processes and are now expanding this approach to enhance our internal operations and workflows. With our independent platform, this momentum will only accelerate".
The leadership team at GenInnov, led by Nilesh Jasani, will ensure continuity, stability, and a seamless experience for investors and stakeholders.