Vivriti launches Rs.2,000-Cr credit AIF

Vivriti Asset Management , a credit-focussed asset manager, has launched a new alternative investment fund (AIF) called Diversified Bond Fund Series 2, with the aim of investing INR 2,000 crore in mid-sized companies. The fund is looking to raise base capital of INR 1,500 crore and another INR 500 crore via the greenshoe option. It will invest in mid-market companies which are profitable across sectors like healthcare, infrastructure, engineering, and consumer-led businesses.