ALTERNATIVE & DIRECT INVESTMENT SECURITIES ASSOCIATION/ADISA

Lobbying Spend

—

Filings

Firms Hired

Active Period

2016–2026

Lobbying Spend by Year

Client-reported lobbying expenses on LDA filings

Year	Lobbying Spend	Filings	Firms
2026	—	3	1
2025	—	4	1
2024	—	4	1
2023	—	4	1
2022	—	4	1
2021	—	5	1
2020	—	4	1
2019	—	4	1
2018	—	4	1
2017	—	4	1
2016	—	2	1

Lobbying firms retained by this client; amounts are client-reported expenses when available

Firm Name	Reported Spend	Filings
HILLSTAFFER, LLC	—	42

Government entities explicitly identified as targets in LDA filings

Government Body	Filings
Congressional Budget Office (CBO)	41
HOUSE OF REPRESENTATIVES	41
SENATE	41
Treasury, Dept of	41
Securities & Exchange Commission (SEC)	36
Labor, Dept of (DOL)	9

Most frequently reported lobbying issues

Issue Code	Description	Reports
Taxation/Internal Revenue Code	Taxation/Internal Revenue Code	42
Financial Institutions/Investments/Securities	Financial Institutions/Investments/Securities	41
Labor Issues/Antitrust/Workplace	Labor Issues/Antitrust/Workplace	9
Real Estate/Land Use/Conservation	Real Estate/Land Use/Conservation	1

ALTERNATIVE & DIRECT INVESTMENT SECURITIES ASSOCIATION/ADISA — Lobbying Disclosure | Poliscope