Vistra Fund Management

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Vistra Fund Management S.A.: €23K Fine (Luxembourg)

Public Notice by the Luxembourg CSSF that it has imposed a fine of €23,000 on Vistra Fund Management S.A., described as an "alternative investment fund manager", for regulatory breaches, including two instances where fund managers also acted as "external valuers", which "which could not guarantee the independent valuation of the AIFs’ assets".