Blue Sky names new CEO

Blue Sky Alternative Investments has announced the appointment of Joel Cann as the company’s new chief executive officer, effective 15 April.

Cann has over 30 years’ experience in Australia, Europe and North America across public and private equity investment, financial services and family office management sectors.

Prior to this, he held roles in global funds management at several institutions across multiple asset classes including real estate, retirement, tourism and hospitality, student accommodation, infrastructure, agriculture, mining and resources and technology.

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Most recently, Cann served as CEO at Aspen Group where he was in charge of rebuilding the group and its portfolio.

Cann’s appointment would also mean that the company’s executive chairman, Andrew Day, would revert to the role of non-executive chairman, which would bring the board’s composition to majority independent, non-executive directors, the firm said.

Commenting on the appointment, Day said: “I am looking forward to rebuilding market confidence in the company’s ability to drive strong returns for its investors.

“In the short term, the priorities are to continue to strengthen business processes while building solid momentum in the company’s core business units.”

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