Vivriti Asset Management exits maiden credit fund with 15.5 % yield

Vivriti Asset Management , a Chennai-headquartered debt asset manager, has announced the maturity and exit of its maiden private credit AIF, Vivriti Samarth Bond Fund (SBF), with a portfolio yield of 15.5 per cent. Launched at end of 2019, SBF was a close-ended fund category-II AIF, that garnered INR 265 crores in capital from diverse investors, including institutional investors, ultra high networth individuals and family offices. Through the fund’s life, it made 20 investments, amounting to INR 449 crores, with a portfolio yield of over 15.5%.Vivriti Asset Management has raised commitments of over USD 500 million across its credit funds from over 900 clients and returned over USD 110 million of capital to investors.