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HONG KONG, April 8, 2025 /PRNewswire/ -- Vistra, a leading provider of essential business services, is proud to announce the launch of Vistra Fund Solutions. This new strategic business proposition is laser-focused on supporting Vistra's existing fund manager clients with dedicated end-to-end services delivered by specialist teams, and on realising its full potential for growth with new customers across the globe.
Using the acquisition of Phoenix American Fund Administration and Transfer Agent business in 2024 as the catalyst, Vistra has transformed its fund offering into a high-touch global service model. Vistra Fund Solutions will deliver expert services across funds and SPV administration globally, powered by world-class people who live and breathe fund solutions, and a proprietary technology platform that leverages market-leading vendor systems. The new global business proposition has been meticulously designed to deliver seamless service and high-touch support to clients wherever they are in the world and a brand experience that the market deserves.
"The launch of Vistra Fund Solutions elevates Vistra's position in the funds market and brings into sharper relief the value we offer our global clients," says Simon Webster, CEO of Vistra. "We already had a strong and powerful funds business with great people, strong capabilities and huge potential. Now it's time to realise that potential by clarifying what makes Vistra Funds Solutions different and why we're the natural partner of choice for fund administration and support anywhere in the world."
Led by Abdel Hmitti, Vistra Fund Solutions provides a vertically integrated proposition that offers products and services to support fund structures, SPVs, and other related entities, ensuring a comprehensive approach across Private Equity, Real Estate, Infrastructure, Capital Markets and Aviation services. This single-source offering allows clients to focus on value creation for investors while being supported by dedicated professional teams.
"With this new proposition, we are laser-focused on optimising our operations and investing in the business to better serve our clients' needs and support their growth," says Abdel Hmitti, President of Vistra Fund Solutions. "We have reorganised our service delivery to embed a client-centric service culture that is underpinned by a robust operating model and technology platform. Our success is driven by our world-class talent and is already being felt as we support our clients at every step of the investment lifecycle to optimise impact and returns."
This brand launch is the start of a global campaign bringing Vistra Fund Solutions to life and highlighting what the promise of 'above and beyond' service means in practice. The campaign calls out high quality, precision, flexibility and agility, to deliver exceptional results and help fund managers choose what's right for both their ambitions and the specifics of their fund operation throughout its lifecycle.
Nicholas Macksey, Partner of EQT Private Capital Asia – an investor backing Vistra – adds, "Vistra Fund Solutions is a natural evolution of the legacy Vistra business unit that served the funds market. This launch is symbolic of Vistra's commitment to supporting those clients with the dedicated, world-class and tailored end-to-end services they need for navigating complexity and achieving success on a global scale. This is a milestone for Vistra and will accelerate the growth and value of the organisation for its people, stakeholders and clients."
For more information about Vistra Fund Solutions, please visit vistra.com/funds.
About Vistra
Vistra is a leading provider of essential business services to help companies and private capital funds grow across the entire business and investment lifecycle.
Here at Vistra, our purpose is progress. As a close ally to our clients, our role is to remove the friction that comes from the complexity of global business. We partner with companies and private capital managers along the corporate and private capital lifecycle. From HR to tax and from legal entity management to regulatory compliance, we quietly fix the operational and administrative frustrations that hamper business growth. With over 9,000 experts in more than 50 markets, we can accelerate progress, improve processes, and reduce risk, wherever your ambition takes you.
For more information about Vistra, visit vistra.com
HONG KONG, April 8, 2025 /PRNewswire/ -- Vistra, a leading provider of essential business services, is proud to announce the launch of Vistra Fund Solutions. This new strategic business proposition is laser-focused on supporting Vistra's existing fund manager clients with dedicated end-to-end services delivered by specialist teams, and on realising its full potential for growth with new customers across the globe.
Using the acquisition of Phoenix American Fund Administration and Transfer Agent business in 2024 as the catalyst, Vistra has transformed its fund offering into a high-touch global service model. Vistra Fund Solutions will deliver expert services across funds and SPV administration globally, powered by world-class people who live and breathe fund solutions, and a proprietary technology platform that leverages market-leading vendor systems. The new global business proposition has been meticulously designed to deliver seamless service and high-touch support to clients wherever they are in the world and a brand experience that the market deserves.
"The launch of Vistra Fund Solutions elevates Vistra's position in the funds market and brings into sharper relief the value we offer our global clients," says Simon Webster, CEO of Vistra. "We already had a strong and powerful funds business with great people, strong capabilities and huge potential. Now it's time to realise that potential by clarifying what makes Vistra Funds Solutions different and why we're the natural partner of choice for fund administration and support anywhere in the world."
Led by Abdel Hmitti, Vistra Fund Solutions provides a vertically integrated proposition that offers products and services to support fund structures, SPVs, and other related entities, ensuring a comprehensive approach across Private Equity, Real Estate, Infrastructure, Capital Markets and Aviation services. This single-source offering allows clients to focus on value creation for investors while being supported by dedicated professional teams.
"With this new proposition, we are laser-focused on optimising our operations and investing in the business to better serve our clients' needs and support their growth," says Abdel Hmitti, President of Vistra Fund Solutions. "We have reorganised our service delivery to embed a client-centric service culture that is underpinned by a robust operating model and technology platform. Our success is driven by our world-class talent and is already being felt as we support our clients at every step of the investment lifecycle to optimise impact and returns."
This brand launch is the start of a global campaign bringing Vistra Fund Solutions to life and highlighting what the promise of 'above and beyond' service means in practice. The campaign calls out high quality, precision, flexibility and agility, to deliver exceptional results and help fund managers choose what's right for both their ambitions and the specifics of their fund operation throughout its lifecycle.
Nicholas Macksey, Partner of EQT Private Capital Asia – an investor backing Vistra – adds, "Vistra Fund Solutions is a natural evolution of the legacy Vistra business unit that served the funds market. This launch is symbolic of Vistra's commitment to supporting those clients with the dedicated, world-class and tailored end-to-end services they need for navigating complexity and achieving success on a global scale. This is a milestone for Vistra and will accelerate the growth and value of the organisation for its people, stakeholders and clients."
For more information about Vistra Fund Solutions, please visit vistra.com/funds.
About Vistra
Vistra is a leading provider of essential business services to help companies and private capital funds grow across the entire business and investment lifecycle.
Here at Vistra, our purpose is progress. As a close ally to our clients, our role is to remove the friction that comes from the complexity of global business. We partner with companies and private capital managers along the corporate and private capital lifecycle. From HR to tax and from legal entity management to regulatory compliance, we quietly fix the operational and administrative frustrations that hamper business growth. With over 9,000 experts in more than 50 markets, we can accelerate progress, improve processes, and reduce risk, wherever your ambition takes you.
For more information about Vistra, visit vistra.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Vistra launches newly-branded Vistra Fund Solutions with a promise to go above and beyond for clients
SHANGHAI, Jan. 8, 2026 /PRNewswire/ -- On January 8, 2026, CHAGEE released its 2025 Year-End Tea Friends Review. The Review outlines the company's growth over the past year, with its store network now operating in eight countries across two continents. Annual tea sourcing volume surpassed 10,000 tons, covering six major tea categories as well as key Pu'er-producing regions, supported by partnerships with more than 100 tea factories.
Global Footprint Reaches Eight Countries; Asia-Pacific Overseas Membership Climbs 177%
The 2025 Year-End Tea Friends Review shows that CHAGEE's store network currently operates in China, Malaysia, Indonesia, the Philippines, Vietnam, Thailand, Singapore, and the United States. In April, CHAGEE completed its public listing on the NASDAQ exchange (Ticker: CHA), becoming the first freshly made tea beverage brand from China to list on a U.S. stock exchange and one of the largest food and beverage IPOs globally since 2022, according to publicly available market data.
Overseas growth has supported the expansion of CHAGEE's customer base. According to the Report, membership in Asia-Pacific overseas markets rose 177% year-on-year in 2025, with 61% of members under the age of 30. Member counts in Singapore, Thailand, Indonesia, and the Philippines increased by approximately 4-fold, 5.4-fold, 20-fold, and 11-fold, respectively. Online engagement related to CHAGEE across international social platforms increased by approximately 250% compared with the prior year. Terms like "tea", "tea culture", and "tea-inspired lifestyle" have become popular among young local consumers, positioning tea as a shared point of cultural interest among younger audiences across markets.
BO•YA JASMINE GREEN MILK TEA Gains Worldwide Popularity
As CHAGEE's global presence grows, BO•YA Jasmine Green Milk Tea continued to gain recognition across international markets. Data from Frost & Sullivan shows that sales of the beverage surpassed 1.25 billion cups between January 2022 and June 2025. The Review indicates BO•YA Jasmine Green Milk Tea ranks among the top-selling products in Indonesia, the Philippines, Vietnam, and Thailand. Preferences vary by region—for instance, consumers in Malaysia and Singapore show greater interest in Peach Oolong Milk Tea—reflecting the company's strategy of tailoring offerings to local preferences as international operations expand.
In the past year, more than 30 million customers placed single orders for two or more cups of BO•YA Jasmine Green Milk Tea, highlighting shared consumption occasions. Group orders rose notably, with orders exceeding 20 cups increasing by more than 15% and orders over 100 cups rising by more than 40% year-on-year.During the Spring Festival holiday, orders of 50–100 cups surged by as much as 259% year-on-year.
In 2025, BO•YA Jasmine Green Milk Tea received the Best Natural/Organic Beverage award at the World Beverage Innovation Awards. CHAGEE was also recognized in the Best Processing/Production Innovation category and named a finalist for several additional international innovation awards.
Annual Tea Sourcing Holds at 10,000 Tons; Modern Tea Approach Supports Supply Chain Development
Within the tea industry, CHAGEE continues to deepen partnerships with upstream producers. In 2025, the company's annual tea sourcing remained at approximately the 10,000-ton scale, with partnerships extending to more than 100 tea factories.
Product innovation further links industry capabilities with consumer preferences. Last year, CHAGEE introduced over 20 new products. Within the Fresh Milk Tea series, more than 50% of new releases featured floral or fruit elements. By applying its Fresh Brew technology system, CHAGEE has integrated contemporary extraction techniques into freshly made tea beverage preparation, bringing new flavor expressions to traditional tea leaves.
In 2025, CHAGEE also completed over 10 craftsmanship and process innovation initiatives in collaboration with tea gardens, factories, and research institutions.
The 2025 Year-End Tea Friends Review further notes that CHAGEE now operates more than 25 pet-friendly stores, has supported the construction of 23 children's playgrounds this year, opened 14 deaf-inclusive silent stores, added 219 new 24-hour locations, and opened new stores at an average rate of one every 1.7 days. Approximately 1340 stores joined CHAGEE's Night Clean Project, supporting 18,000 store partners complete end-of-day operations on schedule.
"Making Friends Through Tea" is more than a tagline—it reflects CHAGEE's ongoing approach of building lasting, respectful connections centered on shared tea experiences. Each day, CHAGEE brings people together through a cup of tea.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
CHAGEE Releases "2025 Year-End Tea Friends Review": Global Stores Span 8 Countries Across 2 Continents, Annual Tea Procurement Exceeds 10,000 Tons
