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ADISA Places “The Guide to Alternative Investments” in the Hands of Congress

Aug 22, 2016

As part of its ongoing outreach efforts to educate Congressional members on alternative and direct investments, ADISA recently sent a mailing to key representatives and senators, with its new pamphlet, “The Guide to Alternative Investments.”
 
The mailing stressed the importance of non-traded alternative investments, as more and more Americans rely on them as part of their diversity strategy for general investment and retirement  planning. “The Guide to Alternative Investments” provides an overview of non-traded alternatives, and includes non-traded real estate investment trusts (REITs), non-listed business development companies (BDCs), and other alternative funds, which in total raised more than $15 billion of equity in 2015. The non-traded REIT industry alone had approximately $120 billion in total assets.
 
“We, of course, will follow up this action with more outreach to Congressional leaders involved in issues affecting our space,” said ADISA’s Executive Director/CEO, John Harrison.  “We are preparing more material for the upcoming Congress and stand ready for continued outreach,” said Harrison, who is also a registered lobbyist.
 
Recipients of the mailing included members of the Senate Banking Committee, the Senate Finance Committee, the House Financial Services Committee, and the House Ways & Means Committee. These committees handle legislative matters that most directly pertain to the investment industry and ADISA members.  In addition to the senators and representatives, senior staff members of each committee also received the mailing. All recipients were invited to contact ADISA with any questions they may have to learn more about the value of this investment area, and hopefully this will encourage more open dialogue between our industry professionals and Congress.