Ajay Madan

Ajay joined HealthQuest in 2023 as General Counsel and Chief Compliance Officer.
He has approximately two decades of experience as a corporate lawyer in the investment management industry.
Ajay has led and managed negotiations of multi-million and billion dollar contracts with global institutional clients spanning North America, Europe, Asia and the Middle East that were investing in private funds, publicly traded funds and separate accounts.
His experience also includes forming private and public investment funds, advising on a broad range of general corporate and investment advisory related matters and drafting a variety of contracts, policies and procedures.
Prior to joining HealthQuest, Ajay spent over eight years as vice president and counsel at Dimensional Fund Advisors in Austin, TX and over three years as vice president and counsel at BlackRock in San Francisco, CA. At both of these companies, he was responsible for providing legal support to their global institutional sales and support teams.
At BlackRock, Ajay also supported the US transition management business.
In these roles he worked closely with corporate executives as well as with each company’s compliance, marketing, sales, operations and investment teams.
Before his in-house counsel positions, Ajay was an associate attorney in Kirkland & Ellis LLP’s corporate and private funds groups in San Francisco, CA, Dechert LLP’s investment management group in Washington, DC and Hawkins, Delafield & Wood LLP’s public finance and energy groups in Sacramento, CA. Ajay holds BS (business administration), MBA and JD degrees from the University of Southern California.
He resides in Austin, TX with his family and is a devoted fan of the USC Trojans.
In his free time he enjoys going on long walks, staying abreast of business news and current affairs and reading both fiction and non-fiction books.