Blue Sky Alternative Investments Limited announced the resignation of Mr. Robert Shand as Managing Director and the appointment of Mr. Kim Morison as interim Managing Director. The company also announced that executive directors, Ms. Elaine Stead and Mr. Nicholas Dignam, will step down from the Board, and that both will continue in their executive roles in the business. The company confirmed that processes had commenced to appoint a permanent Managing Director and additional independent directors to the Board.

The Blue Sky Board now comprises Mr. Kain as independent chairman, Mr. Michael Gordon and Mr. Phil Hennessy as independent non-executive directors, Mr. Morison, as well as executive directors, Mr. Tim Wilson and Mr. Alex McNab.