The Wilmington Rock Maple Alternatives Fund (WRAIX) is making due with one less advisor starting today.

That’s because the fund is parting ways with New York-based Water Island Capital, leaving the fund under the advisory of Wilmington Trust Investment Advisors, Acuity Capital Management, ADAR Investment Management, Calypso Capital Management, Rock Maple Services, TIG Advisors, Madison Street Partners, and Parametric Risk Advisers.

The fund last year dropped Whitebox Advisors from its advisor roster.

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