Vivriti closes $200 million bond fund Vivriti Asset Management (VAM), a performing credit-focused asset manager, on Monday announced closure of its diversified bond fund (DBF) with over $200 million of commitments. Launched in early 2022, the strategy comprises of three category-II credit AIFs: Vivriti Wealth Optimizer Fund, Vivriti Emerging Corporate Bond Fund and Vivriti Alpha Debt Fund – enhanced. DBF counts 570 contributors to the strategy, including significant participation from institutional investors. Soumendra Ghosh, chief investment officer, Vivriti Asset Management said, “We have been playing at the immense opportunity presented by a deep pool of over 5000 mid-sized enterprises that seek growth capital, evolving public data sets that aid underwriting and portfolio tracking, evolving bankruptcy resolution ecosystem, and relatively shallow loan and bond market capital pools servicing these needs.”
Kotak Mahindra Capital Company Ltd, ICICI Securities Ltd and JP Morgan India Pvt Ltd are the book running lead managers to the issue.
The equity shares of Blue Jet Healthcare are proposed to be listed on the BSE and the NSE.