Vistra Fund Management S.A. in Luxembourg announced that it has received approval for its alternative investment fund manager (AIFM) licence upgrade and is now authorised to service funds of funds in addition to servicing private equity, real estate, infrastructure and debt managers alternative investment funds. With almost 250 multilingual professionals with legal, accounting or tax background, Vistra’s Luxembourg office represents the second largest European operations in Vistra. It provides a comprehensive suite of services, including fund services and corporate services, ranging from setting up offices in new jurisdictions, getting licences and permits to operate, to providing ongoing services such as accounting, financial reporting, HR, payroll administration, and compliance.