Yieldstreet, a NYC-based direct-to-consumer online platform for investing in private markets, closed a warehouse facility that provides access to up to $400 million.
Monroe Capital provided the financial resources.
The facility can be used to support several types of new investment opportunities that align with Yieldstreet’s mission across a diverse set of asset classes, including real estate, private credit, private equity, art, and beyond.
Led by Milind Mehere, CEO, and Michael Weisz, President, Yieldstreet is empowering eligible investors to grow their wealth outside the stock market and discover opportunities from top investment managers all on one easy to use platform, including real estate, private credit, private equity and others that were previously out of reach for most. To date, Yieldstreet has attracted more than 400,000 users and more than $3 billion in funding across an ever-evolving suite of investment products. The company is backed by Edison Partners, Tarsadia Investments, Stepstone, Mayfair Equity Partners, Greycroft, and Raine Ventures.
FinSMEs
10/08/2022