Vivriti Asset Management Navigates Uncertainties with Prudent Investment Strategy
Chennai, India – Vivriti Asset Management (Vivriti), a leading mid-market private credit firm, has successfully closed its maiden private credit fund, the Vivriti Samarth Bond Fund (SBF), returning capital to investors amidst market uncertainties and rising interest rates.
Investment Approach
Vivriti’s investment strategy focuses on robust risk modeling and counter-cyclical asset selection. By leveraging these principles, the firm was able to mitigate risks and generate consistent returns.
Risk Modeling: Vivriti uses advanced analytics and proprietary models to assess the creditworthiness of potential borrowers. This comprehensive approach enables the firm to identify and mitigate risks even in challenging economic conditions.
Counter-cyclical Asset Selection: Vivriti’s investment strategy involves investing in sectors and companies that are resilient during economic downturns. By targeting industries less affected by market fluctuations, the firm reduces portfolio volatility and enhances long-term returns.
Fund Performance
Launched in 2019, SBF raised ₹265 crores (approximately $33.5 million) from institutional investors, ultra-high net worth individuals, and family offices. The fund made 20 investments totaling ₹449 crores (approximately $56.5 million) and achieved a portfolio yield of over 15.5%.
Market Resilience
During the fund’s life, Vivriti successfully navigated the uncertainties of the COVID-19 pandemic and the subsequent interest rate tightening cycle. The firm’s disciplined risk management and counter-cyclical approach enabled it to protect investor capital and generate consistent returns.
“Staying true to our investment thesis, focusing on risk control, and taking a counter-cyclical approach to asset selection has held us in good stead,” said Soumendra Ghosh, Chief Investment Officer at Vivriti. “This successful fund closure demonstrates the effectiveness of our investment strategy, even in challenging market conditions.”
About Vivriti
Vivriti Asset Management is an asset manager specializing in fixed-income alternative investment fund schemes. With over $500 million in commitments from over 900 clients, Vivriti has returned over $110 million of capital to investors. The firm’s mission is to provide investors with attractive risk-adjusted returns through a disciplined investment process and strong risk management practices.
Mehek