At its first meeting of the year, the new ADISA board of directors, elected by membership in late 2020, selected its 2021 officers. As a result, Matthew Malone of FS Investments begins his term as the 2021 ADISA president, and Sherri Cooke of AI Insight is the 2021 president-elect who will serve as president in 2022. The other ADISA officers selected were: Brandon Balkman of Orchard Securities as vice president; Ann Moore of International Assets Advisory as secretary; and Mark Kosanke of Concorde Investment Services as treasurer. Larry Sullivan of Passco Companies, ADISA’s 2020 president, will serve the board as its immediate past president.
Serving as ADISA’s 2021 president, Malone is a managing director and leads product management for the real estate division of FS Investments, a leading alternative-asset management firm with more than $20 billion in assets under management (AUM). He is a key member of the senior management team of the FS Credit REIT and its subadviser