The Alternative and Direct Investment Securities Association (ADISA), a trade group representing the alternative investment industry, has postponed its 2020 Annual Conference & Trade show, scheduled for October 12-14 at The Cosmopolitan of Las Vegas. The group cited the ongoing COVID-19 pandemic and the uncertainty regarding live events and travel as the reason.
The rescheduled conference will be held February 10-12, 2021 at the same venue.
“Our ability to deliver what our audience deserves, which is an exceptional event that provides great networking and education, with a well-balanced attendance, which represents all sponsors, service providers and funding sources, is what sets our conferences apart from other industry events,” ADISA said in a statement. “Given the circumstances created by COVID-19 and our uncertain ability to deliver the full ADISA 2020 Annual Conference & Trade Show experience, ADISA will not host a singular virtual event in its place as a substitute.”
While ADISA will not convert the annual conference to a virtual event, the group is planning educational-focused virtual events to be held throughout the remainder of 2020.
The Alternative & Direct Investment Securities Association bills itself as the nation’s largest trade association representing the non‐traded alternative investment space. Its 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. The association was founded in 2003 and has more than 4,000 members.