Ten years ago, founder and managing partner Randy Garg spun Vancouver investment firm Vistara Growth out of a Beedie family office fund he was running at the time.

The plan was to continue the same private credit strategy he had deployed for Beedie since 2010 as a standalone entity, and Garg brought on Vistara partner Noah Shipman shortly afterwards to support those efforts.

“We set out 10 years ago with a strategy … and we haven’t deviated from that.”

Since 2015, Vistara claims it has raised more than $900 million CAD to date over its five funds, with 40-plus investments, more than 20 successful exits, and zero losses. The firm also says it has delivered a net annualized internal rate of return of 15 percent across its funds along the way.

This 10-year milestone comes as Vistara readi

See Full Page