Venture Intelligence (TSJ Media Pvt. Ltd.)
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Vivriti closes second debt fund with Rs.350-Cr in commitments
Vivriti Asset Management (VAM), the private investment firm of Chennai-based Vivriti Group, has announced the closure of its second debt fund ‘Vivriti Short Term Bond Fund' (VSTBF), with INR 350 crore in investment commitments. VSTBF is a SEBI-registered Category II Alternative Investment Fund (AIF). It has a minimum investment limit of INR 1 crore. VSTB fund aims to return investors' capital on an annual basis, and will be investing in debt issued by retail financial services entities providing SME loans, microfinance and consumer finance. The asset management firm has already deployed 70% of its commitment across eight investments during a time of record low-interest rates. It has raised commitments from banks, insurance companies, corporates, family offices and HNIs.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.