Preqin, a leading provider of data, analytics, and insights to the alternative assets industry, recently announced their 2024 Preqin League Tables ranking the top private capital fund managers by category. Vistara has been recognized as a top-performing fund manager within the Private Debt asset class with two of our funds having secured positions in the top 10 globally for their vintages (2015-2020) and size (<$250M) as measured by Net IRR.
“As an emerging manager this validation of our performance is a tremendous boost to the ongoing expansion of our platform,” says Founder and Managing Partner Randy Garg. “In addition to top percentile Net IRR, it is also important to note that much of this performance has been realized and distributed, underscoring the tangible results from our investment approach.”
Preqin recognized Vistara’s Fund II (2016) and Fund III (2018). Vistara seeks to deploy each fund within 2-3 years, and raised Fund IV in 2021, followed by the recent launch of our latest US$400 million Fund V in 2023 with US$200 million already committed to date.
“This recognition from Preqin highlights the alpha generated by our unique flexible growth capital strategy within venture debt and the overall private debt asset class,” said Noah Shipman, Partner. “As a growth investor, our strong performance is ultimately a reflection of the success of the ambitious companies who we have partnered with, so we thank the entrepreneurs who have chosen to work with Vistara.”
We also extend our heartfelt thanks to our investors, team members, and industry partners whose support has led to this performance and enables the ongoing expansion of our Vistara Growth platform.
To learn more about the 2024 Preqin League Tables visit: https://www.preqin.com/data/preqin-league-table-rankings
About Preqin
Preqin, the Home of Alternatives™, empowers financial professionals who invest in or allocate to alternatives with essential data and insight to make confident decisions. It supports them throughout the entire investment lifecycle with critical information and leading analytics solutions. The company has pioneered rigorous methods of collecting private markets data for almost 20 years, enabling more than 200,000 professionals globally to streamline how they raise capital, source deals and investments, understand performance, and stay informed.
About Vistara Growth
Vistara Growth provides highly flexible growth debt and equity solutions to leading technology companies across North America. Founded, managed, and funded by seasoned technology finance and operating executives, “Vistara” (Sanskrit for “expansion”) is focused on enabling growth for the ambitious entrepreneurs we invest in, our investors, our people, and the communities we operate in. For more information, send us a message by contacting us here.
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