We are pleased to announce an important leadership transition at ADISA. Alternative investments industry veteran John Grady has been appointed executive director, succeeding John Harrison, who is retiring after years of dedicated service. Concurrently, Grady has stepped down as board president, and president-elect Matthew (Matt) Iak has assumed the role of president for the remainder of 2025 and will continue through his originally scheduled 2026 term.

John Grady	Matthew Iak

“I’m honored to step into this new position and continue serving an organization that plays such a vital role in the alternative investments industry,” said Grady. “I want to extend my sincere thanks to John Harrison for his years of dedicated leadership and the strong foundation that he has built. I look forward to working alongside Matt, the board, and the ADISA team to advance our mission of education, advocacy and sponsorship of best-in-class networking events.”

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 re-elected to a second term in 2025. Grady has been on the association’s legislative and regulatory committee for more than a decade and is a recipient of several ADISA honors, including its highest accolade, the ACE Award, recognizing his outstanding service and commitment to the association. He has authored numerous articles on behalf of ADISA, led advocacy efforts on Capitol Hill and in video meetings with congressional staff, and provided critical insights on public policy.

“My time at ADISA has been a privilege, and I’m deeply grateful for the opportunity to serve alongside so many talented and committed professionals,” said Harrison. “Together, we’ve built an association that is now a recognized leader in the alternative investments industry, respected for its advocacy, education, and ability to bring the community together. I’m proud of what we’ve accomplished, and I have full confidence in John Grady, who has demonstrated his unwavering commitment to the association’s growth and advocacy for many years. I have no doubt that John and Matt Iak, together with ADISA’s board, will continue advancing ADISA’s mission and expanding its impact in the years ahead.”

“I am honored to take on the role of president and appreciate the thoughtful transition that positions the association for a strong year ahead,” said Iak. “ADISA plays a critical role in this industry, and I’m looking forward to working with John and the board to keep driving meaningful progress.”

Iak is executive vice president and a board member of U.S. Energy Development Corporation, where he has served in a leadership role for more than 20 years. He is also president of U.S. Energy’s managing broker-dealer, Westmoreland Capital Corporation. A key figure in the firm’s second-generation leadership team, he has been a member of the ADISA board of directors since 2021.

We are excited about the future of ADISA under this new leadership and remain committed to advancing the interests of our members and the alternative investments industry.