Destra Multi-Alternative Fund Announces Trustee Resignation, Governance Shift

Destra Multi-Alternative Fund ( (DMA) ) has provided an announcement.

Destra Multi-Alternative Fund, a closed-end alternative investment vehicle listed on the NYSE, reported that independent trustee Paul Kazarian has voluntarily resigned from its Board of Trustees, effective February 12, 2026. The board publicly thanked Kazarian for his service and indicated it will provide updates on any changes to board composition, signaling a period of governance transition but no immediate shift in the fund’s investment strategy.

The resignation, announced on February 19, 2026, comes as the fund continues to pursue its mandate of delivering non-correlated performance through exposure to real estate, private equity, alternative credit, and hedge strategies. While no successor has yet been named, the orderly nature of the departure suggests routine board refreshment, leaving day-to-day operations in the hands of Destra Capital Advisors and sub-adviser Validex Global Investing.

More about Destra Multi-Alternative Fund

Destra Multi-Alternative Fund (NYSE: DMA) is a closed-end fund that positions itself as a core alternative investment solution, aiming for long-term returns that are not closely tied to broad stock and bond markets. The fund primarily allocates capital to alternative strategies and asset classes, including real estate, direct private equity, alternative credit, and hedge strategies, and is advised by Destra Capital Advisors with Validex Global Investing serving as sub-adviser.

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