ADISA, the nation's largest trade association for the alternative investments industry, has announced that industry veteran John Grady has been appointed executive director, succeeding John Harrison upon his retirement. In conjunction with this transition, Grady has resigned as board president, and president-elect Matthew “Matt” Iak will assume the role of president for the remainder of 2025 and continue through his originally scheduled 2026 term.
Grady brings more than three decades of investment management experience and has been a prominent leader within ADISA for many years. A board member since 2016, he was first elected president in 2017 and became the first individual to be reelected to a second term in 2025. Grady has been on the association's legislative and regulatory committee for more than a decade.
Grady currently serves as general counsel at ABR Dynamic Funds, a registered investment adviser that manages private funds, mutual funds and UCITS sub-funds