ADISA Elects 2017 Board of Directors

The association selected four new board directors, and a fifth one will be determined in a separate run-off election.
John Grady, incoming ADISA president

John Grady, incoming ADISA president

Indianapolis—Alternative and Direct Investment Securities Association (ADISA), one the nation’s largest trade associations serving the alternative investment industry, recently announced the election of four new board directors.

The newly elected board members are Brandon Balkman (Orchard Securities), Austin Dutton (Bridge Valley Financial Services), Vali Nasr (Claraphi Advisory Network) and Brian Buehler (Triton Pacific Capital Partners). Each one was appointed for a two-year term through 2018, and because of a tie, the fifth director will be chosen in a separate run-off election. This is the first time the number of votes for the last director position resulted in a tie.

The new board members join the returning members, who were designated last fall for a two-year term as well. These include John Grady (2017 ADISA president, DLA Piper), Mike Bendix (ADISA’s immediate past president, DFPG Investments), Mark Kosanke (Concorde Investment Services), Keith Lampi (Inland Private Capital Corp.), Larry Lyons (Kalos Financial), Greg Mausz (Preferred Apartment Communities), Larry Sullivan (Passco Companies) and Brad Updike (Mick | Law). Darryl Steinhause of DLA Piper serves as a non-voting, volunteer legal counsel.

“We are happy that ADISA bases the formation of its leadership on open and inclusive elections—it helps us be the strong and diverse association we are and to serve the industry well,” said John Grady, incoming ADISA president, in prepared remarks.

ADISA is a national trade association of decision makers who influence over 30,000 professionals involved in alternative investments, primarily non-traded alternatives. These usually include non-traded REITs, business development companies, MLPs and private and public funds, as well as 1031 exchange programs.

Image via John Grady’s Facebook page