The National Association of Publicly Traded Partnerships (NAPTP) will change its name to the Master Limited Partnership Association (MLPA), NAPTP said May 20.

"Our market has evolved over the years and now there are more than 100 MLPs,” said Mary Lyman, executive director. “The organization’s new name, Master Limited Partnership Association or MLPA, reflects the majority of our membership and how we are most commonly known among companies, investors, and policymakers.”

It is the only trade association for publicly traded partnerships nationwide. It is based in Washington, D.C.

A new logo, brand treatment and website will all be officially released by the end of the summer, NAPTP said.