The partnership includes up to $125 million for Vistara Growth's structured opportunities fund, which is scheduled to launch in fall 2026 as the firms deepen a relationship dating back decades.
Beedie Capital and Vistara Growth said they have formed a strategic partnership that includes Beedie Capital acquiring a 50% ownership interest in Vistara and committing up to $125 million as anchor investor for the Vistara Growth Structured Opportunities Fund. The new vehicle is scheduled to launch in fall 2026 with a target size of $500 million. The announcement extends a long-standing relationship between Ryan Beedie, President of Beedie, and Randy Garg, Founder of Vistara Growth, who met as MBA classmates at the University of British Columbia and graduated in 1993. The two later launched Beedie Capital in 2010 to formalize Beedie's non-real estate investing activities, and Garg spun out in 2015 to create Vistara Growth, with Beedie Capital among its first limited partners (fund investors). Vistara said it has raised more than $700 million across multiple vehicles to date, with Beedie Capital serving as an anchor investor across its five funds. The firm focuses on growth debt and equity for mid-to-later-stage technology companies, an area it says helps bridge the gap between bank lending and venture or growth equity financing. The companies said they will remain separate entities despite the deeper ownership and capital tie-up.