The board of directors at the Real Estate Investment Securities Association (Reisa), an alternative investment and securities trade association, changed its name to the Alternative and Direct Investment Securities Association (Adisa), an association press release said Sept. 15.
The association serves the oil and natural gas industry, and others including securitized real estate, the press release noted. The association’s members include broker dealers, investment advisers and due diligence officers, the press release added.
The name change was recently announced at the association’s 2014 annual conference in Las Vegas, the press release said.
“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 John Harrison, the executive director and CEO.
“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,” he added.
Adisa is based in Indianapolis.
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