Vistra, a provider of trust, fiduciary and fund administration services, has set up a new office in Toronto, Canada.

The move comes close on the heels of Vistra’s Alternative Investments arm securing a fund administration mandate from a Toronto-based private equity firm.

Vistra group managing director, alternative investments Onno Bouwmeister said: “This new office will complement our existing offices in North America and further strengthen the experience and expertise we can provide to our clients in this critical region.

“Initially our focus in Canada will be around our Alternative Investments business, however we plan to build upon our existing local relationships to expand our service capabilities to offer Vistra’s full suite of services across all business lines.”

Vistra has also been expanding its network through acquisition of various firms in the recent times. Most recently it acquired Irish capital markets corporate and trust firm Canyon CTS.