Beedie will commit up to US$125 million to Vistara Growth's Structured Opportunities Fund, due to launch in fall 2026, as the firms deepen a relationship dating back to their founders' MBA years.
Beedie Capital and Vistara Growth said they have formed a strategic partnership under which Beedie has acquired a 50% ownership interest in Vistara and will commit up to US$125 million as anchor investor for the evergreen Vistara Growth Structured Opportunities Fund, which is targeting US$500 million and is scheduled to launch in fall 2026. The deal extends a 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, graduated in 1993, launched Beedie Capital in 2010, and saw Garg spin out in 2015 to create Vistara with Beedie as one of its first limited partners. Vistara said it has raised more than US$700 million across multiple investment vehicles, with Beedie serving as an anchor investor across five funds, and focuses on growth debt and equity for mid-to-later-stage technology companies. The firm said its prior three funds ranked in the global top 10 among Private Credit funds under US$500 million in Pitchbook's 2025 Benchmarks by vintage, while both companies said they will continue operating as distinct entities and Garg cited market dislocation in technology financing tied to AI uncertainty and other forces as a reason to launch the new fund now.