Vistara Growth has closed its fifth private credit fund at $321 million

Vancouver-based Vistara Growth has closed its fifth private credit fund at $321 million USD ($450 million CAD), ending a nearly two-year fundraising process and freeing up the firm to focus its efforts exclusively on backing mid- and later-stage tech companies.

While Vistara fell shy of its initial, “pretty ambitious” $386-million USD ($540-million CAD) target, the raise still gives the firm a Fund V that is 66 percent larger than its $193-million USD ($270-million CAD) predecessor.