{"id":70283,"date":"2026-10-08T22:50:50","date_gmt":"2026-10-08T17:20:50","guid":{"rendered":"https:\/\/marutiwani.com\/?p=70283"},"modified":"2026-10-08T22:50:50","modified_gmt":"2026-10-08T17:20:50","slug":"vivriti-asset-management-marks-successful-exit-of-vintage-ii-funds-%e2%82%b93400-crore-returned-since-inception","status":"publish","type":"post","link":"https:\/\/marutiwani.com\/?p=70283","title":{"rendered":"Vivriti Asset Management Marks Successful Exit of Vintage II funds;  \u20b93,400 crore returned since inception"},"content":{"rendered":"<p>Mumbai, October 08, 2026: Vivriti Asset Management (VAM), one of India\u2019s leading private credit asset managers, announced the successful completion and exit of its Vintage II funds (comprising of three performing credit schemes), within the stipulated fund life, while meeting funds\u2019 objectives.<\/p>\n<p>With this, VAM has returned more than \u20b93,400 crore to investors through capital giveback and income distributions, across 2 vintages of funds. The lifecycle of these funds spanned periods of varying business climate, policy rates, liquidity, and geopolitical backdrop.<\/p>\n<p>Vintage II funds<br \/>\nVintage II funds were launched in early 2022 and announced their final close, after raising all capital commitments, by September 2023. Investors in the fund include institutions (insurance companies, AIFIs) and private investors (family offices, HNIs).<\/p>\n<p>Across vintages, VAM has offered schemes with conservative and moderate risk profiles. In its Vintage II strategies, VAM has raised \u20b91,700 crore of investor commitment and invested more than \u20b93,500 crore in 45+ portfolio companies, through the lifetime of these funds.<\/p>\n<p>Investees of the fund are businesses operating in sectors such as infrastructure (roads, ports, airports, digital), clean energy, manufacturing (fertilizer, electronic devices), and services (logistics, co-working, financial, enterprise SaaS).<\/p>\n<p>Vintage II funds collectively returned more than \u20b92,260 crore in capital and income to investors, generating gross IRR of c.15% for the moderate scheme, while the conservative scheme (which only invest in portfolio companies rated in the \u2018A\u2019 category) delivered gross IRR of c.12%. The return to investors, net of fees and expenses, aggregated across all investors, was c.13% for the moderate scheme and c.10.5% for the conservative scheme.<\/p>\n<p>On the exits Vineet Sukumar, Founder and MD, Vivriti Asset Management said: \u201cPrivate credit is increasingly addressing a financing requirement that sits between conventional bank lending and equity capital. There are several fundamentally sound, cash-generating businesses that require more flexible capital than traditional lending structures may be able to provide. Our approach has therefore been to structure transactions where the return is supported by strong cash flows, while building in downside protection. Downside protection has been built in through appropriate security as well as diversification across sectors and businesses.\u201d<\/p>\n<p>Soumendra Ghosh, Chief Investment Officer, Vivriti Asset Management, said: \u201cThese fund givebacks and the strong outcomes serve to validate the role of credit in investor portfolios, as well as the opportunity cost of not allocating to the asset class. With \u20b93,400 crore returned to investors across 2 vintages of funds over past 7 years, on expected lines, these funds have demonstrated the very outcomes that the asset class aims to deliver \u2013 steady income, predictable return of and on capital, and all of it with low volatility in outcomes. Equally pertinent in outcomes are the business problems we solved for investee firms through flexible capital solutions.\u201d<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p>About Vivriti Asset Management<br \/>\nVivriti Asset Management (VAM) is a private credit-focused investment manager, providing institutional investors, family offices and sophisticated investors access to differentiated and structured fixed-income investment opportunities. VAM extends flexible capital to corporates, solving for growth and situational needs, and has invested over \u20b912,500 crore in 125+ portfolio companies since inception.<\/p>\n<p>VAM is part of Vivriti Group, a specialised player in credit markets, providing corporates with structured debt, investment, advisory, and integrated tech solutions. The group has enabled \u20b985,000+ crore of finance since inception.<br \/>\nwww.vivritiamc.com<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-70284\" src=\"https:\/\/marutiwani.com\/wp-content\/uploads\/2026\/10\/18-2-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/marutiwani.com\/wp-content\/uploads\/2026\/10\/18-2-300x225.jpg 300w, https:\/\/marutiwani.com\/wp-content\/uploads\/2026\/10\/18-2-1024x768.jpg 1024w, https:\/\/marutiwani.com\/wp-content\/uploads\/2026\/10\/18-2-768x576.jpg 768w, https:\/\/marutiwani.com\/wp-content\/uploads\/2026\/10\/18-2-1536x1152.jpg 1536w, https:\/\/marutiwani.com\/wp-content\/uploads\/2026\/10\/18-2.jpg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, October 08, 2026: Vivriti Asset Management (VAM), one of India\u2019s leading private credit asset managers, announced the successful completion and exit of its Vintage II funds (comprising of three performing credit schemes), within the stipulated fund life, while meeting funds\u2019 objectives. With this, VAM has returned more than \u20b93,400 crore to investors through capital &hellip;<\/p>\n","protected":false},"author":1,"featured_media":70284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-70283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/marutiwani.com\/index.php?rest_route=\/wp\/v2\/posts\/70283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marutiwani.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marutiwani.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marutiwani.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marutiwani.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70283"}],"version-history":[{"count":1,"href":"https:\/\/marutiwani.com\/index.php?rest_route=\/wp\/v2\/posts\/70283\/revisions"}],"predecessor-version":[{"id":70285,"href":"https:\/\/marutiwani.com\/index.php?rest_route=\/wp\/v2\/posts\/70283\/revisions\/70285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marutiwani.com\/index.php?rest_route=\/wp\/v2\/media\/70284"}],"wp:attachment":[{"href":"https:\/\/marutiwani.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marutiwani.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marutiwani.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}