The members of ADISA (Alternative & Direct Investment Securities Association), the nation's largest trade association serving the alternative investments and securities industry, have chosen new directors for its 2025 board. 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) board directors are:

Jake Heidkamp, FactRight
Greg Mausz, Skyway Capital Markets
Katie Shook, NexPoint
Michael Underhill, Capital Innovations
David Wilson, Equifinancial

Additionally, two directors-at-large were appointed:

Rajeev Kotyan, Innovative Advisory Group
Sylvia Kwan, Ellevest

They join the returning 2024 board members, who were elected or appointed last fall to two-year terms, and include:

John Grady, 2025 President, ABR Dynamic Funds
Jade Miller, 2025 Immediate Past President, Bourne Financial Group
Catherine Bowman, The Bowman Law Firm
Christy Hutchison, Shopoff Realty Investments
Matthew Iak, U.S. Energy Development Corporation
Kyle Kadish, IBN Financial Services
Mark Kosanke, Concorde Financial
Ann Moore, International Assets Advisory
David Pittman, Bonaventure
Brad Updike, Mick Law
Joanna Venetch, Hana Solutions

Darryl Steinhause of DLA Piper also serves as a non-voting, volunteer general legal counsel, Thomas Voekler of Williams Mullen serves as volunteer hospitality counsel, and Brandon Balkman of Net Lease Capital Advisors serves as president of ADISA’s 501(c)3 Foundation.

ADISA board elections occur in the fall; each new director was elected to a two-year term through 2026. At the first board meeting of 2025 in January, the board will elect its 2025 officers and its president-elect to take office in 2026.