Aug 27 (Reuters) - 668Blue Sky Alternatives Access Fund Ltd BAF.AX :
* CONFIRMS BLUE SKY GROWTH CAPITAL & VENTURE CAPITAL BUSINESSES TRANSFERRED TO AUSTRALIAN ALTERNATIVE ASSET NOTES THAT STRUCTURE OF UNDERLYING FUNDS IN WHICH BAF IS INVESTED IS NOT IMPACTED BY RESTRUCTURING
* UNDERSTANDS THAT AAAP WILL ENTER ARRANGEMENTS WITH EXISTING MANAGEMENT OF GROWTH CAPITAL& VENTURE CAPITAL BUSINESSES