The Blue Sky Alternatives Access Fund (BAF) board has advised that Andrew Champion has resigned from his executive position on the board of Blue Sky Alternative Investments (BLA) and his role as a director of the manager.
The BAF board is currently working toward resolving the future of the Alternatives Fund’s management arrangements and is in talks with Wilson Asset Management (WAM) to review its proposal, including making assessment of WAM’s resources, processes and supporting documentation associated with the proposal.
The BAF’s board said it intends to put the WAM management proposal to an extraordinary general meeting in early 2019.
Champion’s resignation would leave the firm with two directors, Kim Morison and Tim Wilson.
Blue Sky is now actively searching for Champion’s replacement, it said.