INDIANAPOLIS, Sept. 15, 2014 (GLOBE NEWSWIRE) -- REISA, the nation's leading trade association serving the alternative investment and securities industry, announced today its Board of Directors voted unanimously to change the organization's name to the Alternative and Direct Investment Securities Association (ADISA).
"The change to Alternative and Direct Investment Securities Association better reflects our organization's mission and what we provide to the alternative investment industry," said ADISA Executive Director/CEO, John Harrison. "Our association represents thousands of individuals in alternative investments from all types and sectors, and we strive to provide the best education, networking and advocacy for these professionals."
Harrison added, "Founded in 2003 as TICA, the organization grew beyond a single investment product type (tenant-in-common programs) to broader real estate based products, and was given the name REISA. REISA's new name, ADISA, shows the evolution to handling even more areas of investment products."
ADISA influences more than 20,000 professionals who offer and manage alternative investments, such as non-traded REITs, private placement programs, oil and gas interests, securitized real estate investments, BDCs and more. Members include sponsors/issuers, broker-dealers, registered representatives, investment advisers, registered investment advisers, due diligence officers, accountants, mortgage bankers, institutional lenders and others. The organization promotes education, networking and advocacy, and connects members directly to key industry experts through intimate forums providing timely trends and education that help create a diversified portfolio for members' clients.
The new name was unveiled at ADISA's 2014 Annual Conference at Caesars Palace in Las Vegas, attended by nearly 1,000 alternative investment professionals and more than 70 exhibitors. ADISA's membership and events have grown by more than 20 percent in the past two years, according to ADISA staff.
The Alternative and Direct Investment Securities Association is a national trade association serving alternative investment and securities industry professionals who are active in offering, managing and distributing private and public direct investments. ADISA connects members directly to key industry experts through intimate forums and leading edge conferences and trade shows providing timely trends and education. The association was founded in 2003 and has more than 2,000 members who are key decision makers that represent more than 30,000 professionals throughout the nation. ADISA works to maintain the integrity and reputation of the industry by promoting the highest ethical standards and providing education, networking opportunities and resources to its members.
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