Compliance
Compliance Corner: Vistra, Luxembourg-Based Kroll Management Company Merge
The latest compliance news: regulatory developments, punishments, guidance, permissions and new product and service offerings.
Vistra
Vistra said yesterday
it has won regulatory approvals for its Vistra Fund Management
(VFM) to merge with Super ManCo, Kroll (Luxembourg) Management
Company.
Operating in Luxembourg, Kroll’s Luxembourg operation completely split off in August 2024.
The regulatory clearance came from The Commission de Surveillance du Secteur Financier (logo pictured).
As a Super ManCo in Luxembourg offering an expanded licensing portfolio, VFM can manage all AIFMD investment strategies and UCITS, including both liquid assets (long only and hedge) and illiquid assets (private debt, real estate, private equity, and infrastructure).
“This merger of two Alternative Investment Fund Managers (AIFMs) cements our position as a leading player in the Luxembourg market. It significantly enhances Vistra Group’s overall proposition, allowing us to offer GPs access to a broader range of asset classes,” Jan Vanhoutte, managing director and conducting officer, VFM said.
