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.
