As the coronavirus (COVID-19) continues to spread across the United States, sporting events, concerts, political rallies, industry events, and other large gatherings are being postponed or outright canceled in an attempt to mitigate the outbreak.
The effects of the pandemic are being felt across the industry as companies are increasingly limiting or restricting travel, employees are given the option to telecommute rather than work in the office, and telephone and video conferences with clients are favored over traditional in-person meetings.
On Friday, the Alternative & Direct Investment Securities Association (ADISA) canceled next month’s Spring Conference in Orlando, the largest industry event of the Spring. ADISA is providing a full refund or credit to all sponsors and registrants due to the cancellation.
“It is our mission to provide the most valuable events for everyone in alternative investments and given that the circumstances created by COVID-19 have greatly limited our ability to deliver what our audience deserves, we have elected to not host this year’s spring event, especially given its timing of early April,” said ADISA in its statement.
Editor’s note: This morning the Institute for Portfolio Alternatives decided to postpone its Spring conference until further notice. Registrants who wish to cancel altogether will be given a full refund of their registration and sponsorships.
“The health and safety of our members, staff and all those involved in our events remains the IPA’s main priority,” said Tony Chereso, president and CEO. “Given the latest directive from the CDC to postpone events of more than 50 people for the next eight weeks, the IPA’s leadership team made the necessary decision to postpone our flagship IPASummit and Capitol Hill Day.”