Vistara Growth, a Vancouver-based tech investor, has successfully secured an initial funding of over $150 million for its Vistara Technology Growth Fund V LP.
The closing of Fund V, completed within just four weeks from its launch, was supported by increased commitments from existing partners. Vistara aims to reach its fundraising goal of $400 million by the first half of 2024.
Founder and Managing Partner, Randy Garg, expressed gratitude for the ongoing confidence of their limited partners and highlighted their strategy of providing flexible growth capital to tech companies.
Vistara plans to expand its investor base to include pension funds and institutions, with a focus on mid-later stage enterprise software firms across North America.
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