Leading fund administrator optegra Becomes Vistra
Contributed by Vistra Group
02 October, 2017
Further to their acquisition in April, German-based optegra has rebranded to Vistra. Specialising in auditing, tax consultancy, legal advisory, and management consultancy services, optegra has a staff of 120 professionals based in offices in Cologne, Hamburg and Munich serving clients from a range of industries, including automotive, information technology, telecommunications, health care, private equity, real estate, renewable energy, and engineering.
The scope of services provided by optegra span two of Vistra's operating divisions, Alternative Investments and International Expansion, and will see significant growth for Vistra in Germany. Both divisions will focus on leveraging optegra's existing network whilst also taking advantage of other potential new opportunities.
Vistra's existing Property Management portfolio combined with optegra's specialist knowledge will significantly benefit the Vistra brand, providing a new entry point into the German real estate sector. Vistra will be showcasing their new extensive service portfolio at EXPO REAL this October in Munich. The world renowned International Trade Fair for Property & Investment provides a platform for technical innovation and digitisation as the real estate industry continues to flourish in 2017.
Commenting on the changes, Onno Bouwmeister, Group Managing Director, Alternative Investments of Vistra, said "I am extremely pleased to have optegra joining us under the Vistra brand. Germany's position as a leading market in Europe, particularly for real estate investment combined with optegra's expertise will bring a truly integrated solution for investment strategies to our international clients. It also helps expand our Alternative Investments capabilities in the region. Our teams are ready to launch as a united Vistra, and we will start on the 4 October with EXPO REAL in Munich."
Vincent Bremmer, Group Managing Director, International Expansion of Vistra, added "We have already seen the huge potential for both companies. Under the Vistra brand, with our existing network of resources, our International Expansion division will be able to assist traditional corporate clients as well as supporting new clients looking to widen their reach across borders."
The new offices in Germany will be able to leverage the wider Vistra network, and will encourage collaboration with teams globally to further develop services.
Antoinette Hiebeler-Hasner, Partner of Vistra Germany, commented "Our niche position in the German fund administration business will provide great opportunities for all of us. We now have access to Vistra's global network, expanding out of Germany into other global markets. We are looking forward to continuing our growth with Vistra."
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