Core Viewpoint - Destra Multi-Alternative Fund announced the resignation of board member Paul Kazarian, effective February 12, 2026, and expressed gratitude for his contributions during his tenure [1] Group 1: Board Changes - Paul Kazarian has voluntarily stepped down from the Fund's Board of Trustees [1] - The Board of Trustees will provide updates regarding Board composition as necessary [1] Group 2: Fund Overview - Destra Multi-Alternative Fund (NYSE: DMA) aims for long-term performance that is non-correlated to the broader stock and bond markets [1] - The Fund primarily invests in alternative strategies and asset classes, including real estate, direct private equity, alternative credit, and hedge strategies [1] Group 3: Investment Advisers - Destra Capital Advisors LLC serves as the Investment Adviser and Secondary Market Servicing Agent for the Fund [1] - Validus Growth Investors LLC (dba Validex Global Investing) acts as the Investment Sub-Adviser to the Fund [1] Group 4: Shareholder Actions - Shareholders approved a proposal at the Fund's Special Meeting, with approximately 79% voting in favor, revising the policy on industry concentration [1] Group 5: Distribution Announcements - The Board of Trustees approved monthly distributions of $0.1125 per share from December 2025 through September 2026 [1] - An increase in distribution to $0.0925 per share for October and November 2025 was also announced [1]
Destra Multi-Alternative Fund Announces Board Member Resignation
Businesswire·2026-02-19 21:30