Key Takeaways
- • The Institute for Portfolio Alternatives (IPA) announced its 2026 Board of Directors, adding 17 newly elected directors representing major asset managers, distribution platforms, and financial services firms including BlackRock, Carlyle Group, KKR, Fortress Investment Group, and Blue Owl Capital.
- • Jason Goode, Partner at Alston & Bird LLP, will serve as Board Chair for 2026, with Brendan Cuddihy, Chief Operating Officer of CAIS, elected as Chair-Elect for 2026, positioning him to lead in 2027.
- • The board composition reflects deep institutional representation across alternative asset management (Apollo Global Management, Blackstone, Ares Management), wealth distribution (Goldman Sachs, Morgan Stanley, UBS), and specialized fund services (SS&C Technologies, iCapital, Ultimus Fund Solutions).
- • IPA President & CEO Anya Coverman emphasized the Board's role in advancing policy and industry engagement as alternatives continue to expand globally, positioning the organization as a central forum for private markets stakeholder coordination.
- • The newly elected directors join 16 continuing board members, creating a 33-person board with balanced representation across asset managers, distribution partners, service providers, and legal counsel—reflecting the IPA's multi-stakeholder governance model in the alternatives industry.
Summary
The Institute for Portfolio Alternatives announced the composition of its 2026 Board of Directors, bringing together 17 newly elected directors alongside 16 continuing members to form a 33-person governing body. The appointment marks a significant expansion of institutional representation across the global alternatives industry, with participants drawn from leading asset managers, wealth distribution networks, and specialized service providers.
Leadership positions were assigned to experienced executives from prominent firms. Jason Goode, Partner at Alston & Bird LLP, assumes the Board Chair role for 2026, while Brendan Cuddihy, Chief Operating Officer of CAIS, was elected Chair-Elect, positioning him to lead the organization in 2027. This succession structure ensures continuity of governance as the alternatives landscape evolves.
The newly elected director slate encompasses representatives from major asset management platforms, including Jonathan Diorio of BlackRock, Zach Forman of The Carlyle Group, Adam Bobker of Fortress Investment Group, Doug Krupa of KKR & Co., Madeleine Sinclair of Blue Owl Capital, and Liz Jones of Ares Management Corporation. Distribution and wealth advisory perspectives are provided by appointments from Goldman Sachs & Co., Morgan Stanley, Wells Fargo & Company, UBS Financial Services, LPL Financial, Raymond James, and Ameriprise Financial Services. Additional board expertise comes from technology and infrastructure providers such as SS&C Technologies, iCapital, and Ultimus Fund Solutions, as well as legal counsel from Simpson Thacher & Bartlett LLP and specialized advisory representatives.
The 16 continuing directors—including James Hannigan of Apollo Global Management, Leon Volchyok of Blackstone, and Keith Jones of Invesco—maintain institutional continuity and preserve institutional knowledge. This composition reflects the IPA's multi-stakeholder governance model, balancing asset manager leadership with distribution infrastructure and service provider perspectives.
IPA President & CEO Anya Coverman stated that the Board's diverse expertise will support "continued innovation across private markets" while the organization remains "focused on advancing the policies and engagement that shape our industry" as alternatives expand globally. The board structure underscores the IPA's positioning as a central coordination mechanism for private markets stakeholders navigating regulatory, operational, and strategic evolution in the alternatives sector.
Leadership positions were assigned to experienced executives from prominent firms. Jason Goode, Partner at Alston & Bird LLP, assumes the Board Chair role for 2026, while Brendan Cuddihy, Chief Operating Officer of CAIS, was elected Chair-Elect, positioning him to lead the organization in 2027. This succession structure ensures continuity of governance as the alternatives landscape evolves.
The newly elected director slate encompasses representatives from major asset management platforms, including Jonathan Diorio of BlackRock, Zach Forman of The Carlyle Group, Adam Bobker of Fortress Investment Group, Doug Krupa of KKR & Co., Madeleine Sinclair of Blue Owl Capital, and Liz Jones of Ares Management Corporation. Distribution and wealth advisory perspectives are provided by appointments from Goldman Sachs & Co., Morgan Stanley, Wells Fargo & Company, UBS Financial Services, LPL Financial, Raymond James, and Ameriprise Financial Services. Additional board expertise comes from technology and infrastructure providers such as SS&C Technologies, iCapital, and Ultimus Fund Solutions, as well as legal counsel from Simpson Thacher & Bartlett LLP and specialized advisory representatives.
The 16 continuing directors—including James Hannigan of Apollo Global Management, Leon Volchyok of Blackstone, and Keith Jones of Invesco—maintain institutional continuity and preserve institutional knowledge. This composition reflects the IPA's multi-stakeholder governance model, balancing asset manager leadership with distribution infrastructure and service provider perspectives.
IPA President & CEO Anya Coverman stated that the Board's diverse expertise will support "continued innovation across private markets" while the organization remains "focused on advancing the policies and engagement that shape our industry" as alternatives expand globally. The board structure underscores the IPA's positioning as a central coordination mechanism for private markets stakeholders navigating regulatory, operational, and strategic evolution in the alternatives sector.
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