Vivriti Asset Management plans Rs 5,000-cr diversified bond fund

Vivriti Asset Management is planning to launch a new diversified bond fund of Rs 5,000 crore, including a greenshoe option for an additional Rs 2,000 crore, in the second quarter of the next fiscal, chief investment officer Soumendra Ghosh said on Wednesday.

The mid-market private credit-focused asset management firm is also nearing final closure of its existing Rs 2,200-crore diversified bond fund, having received commitments for over Rs 2,100 crore.