Blue Sky’s director departs
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 Access Fund (BAF) 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.
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.