Vivriti Asset Management closes 3 bond funds with $200-M

Vivriti Asset Management, a credit-focused asset manager, has closed its diversified bond fund strategy with commitments of over USD 200 million. Launched in early 2022, the strategy comprises three category-II credit AIFs (alternative investment funds): Vivriti Wealth Optimizer Fund, Vivriti Emerging Corporate Bond Fund, and Vivriti Alpha Debt Fund – Enhanced. Since January last year, Vivriti has invested INR 1,400 crore from the bond funds in 40 firms that operate in segments such as airports, clean energy, road construction, fertiliser, thermal energy, financial services, logistics, software services and managed offices.