NEWS
Vistra Fund Services opens Singapore office
06 December 2012
Category:
News, Asia, Hong Kong, Singapore
By Asia Asset Management
Vistra Fund Services (VFS), a global independent fund administrator to alternative asset management firms and investors, announced on Wednesday (December 5) the group’s expansion with the opening of its Singapore office.
VFS established its first Asia office in Hong Kong in February this year to meet the individual requirements of the Asian markets and to complement the group’s fund administration operations in Jersey and Luxembourg. Just ten months since its inception, the AUM of VFS Asia has grown to approximately US$3 billion with new mandates covering various fund types including private equity, venture capital, hedge funds and fund-of-funds.
“We are delighted to be expanding our footprint in Asia,” said Charles Kwun, managing director of Vistra Fund Services Asia. “With four new hires and our second office in Singapore, VFS will be able to keep up with client demands and provide bespoke fund administration services to Singapore domiciled funds as well as asset managers in Southeast Asia.”
VFS’s Singapore office will be jointly managed by Mr. Kwun, Andrew Mascall-Robson, regional commercial director and Jean-Pierre Koolmees, managing director of Vistra Singapore.
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