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ADISA Announces 2023 Board of Directors

Conference table and chairs in modern meeting room.

The Alternative & Direct Investment Securities Association, a trade association representing the non-traded alternative investment space, announced election results for its 2023 board of directors.

The Alternative & Direct Investment Securities Association, a trade association representing the non-traded alternative investment space, announced election results for its 2023 board of directors. ADISA holds democratic elections hosted by a neutral online vendor, and the elections are open to all member categories (with a maximum of three votes per firm).

The five newly elected (or re-elected) members of the associations board for 2023 are:

  • Angela Barbera, NexPoint Securities
  • Mat Dellorso, WealthForge
  • Sylvia Kwan, Ellevest
  • Stephen Lovell, Lovell Wealth Management
  • Amanda Teeple, CoastalOne

Additionally, two directors-at-large were appointed:

  • Greg Mausz, Skyway Capital Markets
  • David Wilson, Equifinancial

They join returning 2022 board members, who were elected or appointed last fall to two-year terms:

  • Michael Underhill, 2023 President, Capital Innovations
  • Sherri Cooke, 2023 Immediate Past President, iCapital
  • Catherine Bowman, The Bowman Law Firm
  • Matthew Iak, U.S. Energy Development Corporation
  • Karlton Kleis, Arete Wealth Management
  • Mark Kosanke, Concorde Investment Services
  • Jade Miller, Bourne Financial Group
  • Ann Moore, International Assets Advisory
  • David Pittman, Cottonwood
  • Jeff Shafer, CommonGood Capital
  • Brad Updike, Mick Law

Darryl Steinhause of DLA Piper will continue to serve as a non-voting, volunteer general legal counsel, and Thomas Voekler of KVCF serves as volunteer hospitality counsel.

ADISA board elections are conducted by the association each fall. The new directors were elected to a two-year term through 2024. At the first board meeting of 2023 in January, the board will elect its 2023 officers and select its 2024 president-elect.

The Alternative & Direct Investment Securities Association bills itself as the nation’s largest trade association representing the non‐traded alternative investment space. ADISA’s members are typically involved in non-traded real estate investment trusts, business development companies, master limited partnerships and private and public funds (LPs/LLCs), 1031 exchange programs (DSTs/TICs), energy and oil and gas interests, equipment leasing programs, or other alternative and direct investment offerings.

For more ADISA news, please visit their directory page.