Former KPMG Chair joins Blue Sky Board

Blue Sky Alternative Investments Limited (Blue Sky) has announced the appointment of Philip Hennessy as an independent board director, effective February 2017.

Hennessy was the Queensland chair of KPMG from 2000 until he retired from the partnership in 2013. He is currently an independent director and advisor to a range of public, private and not-for-profit organisations, and has served on the board of the Blue Sky Alternatives Access Fund since it listed in 2014. He will retire from this role on 31 May 2017.

In addition to his role as independent director of Blue Sky, Hennessy will chair the firm's Audit Committee and its Risk and Compliance Committee.

Joining Hennessy on the board is former Perpetual group exec, Michael Gordon.

Commenting on these appointments, chair of Blue Sky, John Kain said: "Having conducted a thorough process over the course of 2016, we are excited to welcome Michael and Phil to our Board. The platform that Blue Sky has built over the last ten years is rapidly scaling and both Michael and Phil bring a range of skills and experience that will enhance that growth."

"Phil clearly has a very strong accounting, audit and risk management pedigree. This is a critical element of our business and one where we have built a strong track record over the past decade. Phil's experience will further strengthen Blue Sky's audit and risk management capability as our business expands in Australia and offshore."