Latest news with #Yieldstreet
Yahoo
23-07-2025
- Business
- Yahoo
Investment platform Yieldstreet raises $77m
Private markets investment platform Yieldstreet has completed a capital raise of $77m, drawing both new and existing investors. The funding round was spearheaded by Tarsadia Investments, with contributions from Mayfair Equity Partners, Edison Partners, Cordoba Advisory Partners (CAP), and Kingfisher Investment Advisors, as well as new participant RedBird Capital Partners. This financial boost is intended to enhance Yieldstreet's platform capabilities and facilitate the integration of private markets into individual investors' portfolios. The investment also brings added industry expertise to Yieldstreet's board, with Mike Zabik from RedBird Capital Partners and Yariv Robinson from Kingfisher Investment Advisors joining as new members. RedBird Capital Partners partner Mike Zabik said: 'Yieldstreet has built a differentiated platform for investors and we're excited about their vision to provide investor access to a broad universe of private markets opportunities that have been historically limited to large institutional investors. 'I look forward to working with the Board and management team, supporting the company's vision and momentum through RedBird's distinct business building approach.' In April this year, the company introduced Yieldstreet 360, its inaugural automated investing solution, marking a step in the evolution of its platform. This platform seeks to remove traditional barriers to private market investments, offering individual investors diversified access to private equity, private credit, and real estate, all aligned with their financial goals. Yieldstreet CEO Mitchell Caplan said: 'The next five years will define how individual investors access private markets investments. 'The convergence of regulatory evolution, technological advancement, and investor demand has created the conditions for a new era in private markets.' Yieldstreet, which currently boasts over 500,000 members, helps investors to diversify their portfolios across various asset classes, including real estate, private credit, private equity, and art. The platform provides investment opportunities across ten asset categories. "Investment platform Yieldstreet raises $77m" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
08-07-2025
- Business
- Business Wire
Yieldstreet and Crossroads Live Partner to Make Theatrical Touring Investments Available to Individual Investors
NEW YORK--(BUSINESS WIRE)--Yieldstreet, a leading private markets investing platform, today announced that Crossroads Live, one of the largest producers of commercial theater worldwide, will offer theatrical touring investments through the Yieldstreet platform. This partnership expands Yieldstreet's curated marketplace of private markets opportunities by adding access to a private credit strategy focused on financing theatrical productions across North America, the United Kingdom, and Australia. The strategy leverages the economics of touring, which typically requires lower upfront costs compared to original Broadway productions while benefiting from the ability to construct a diversified portfolio of hit titles with established audience demand. "Individual investors deserve the same access to evaluate and choose from diverse private market opportunities that institutions have always had," said Mitchell Caplan, Chief Executive Officer of Yieldstreet. 'Working with leading sponsors like Crossroads Live strengthens our platform, giving investors more ways to discover, evaluate, and build diversified portfolios across the full spectrum of private markets." "We're excited to work with Crossroads Live to help make non-traditional cashflow backed investment strategies like theater financing more accessible to individual investors," said Fahd Basir, Head of Credit and Opportunistic Investments at Yieldstreet. "Together, we can support bringing theatrical productions to more communities while offering investors exposure to entertainment financing." "We're delighted to be working with Yieldstreet and their innovative private markets investment platform,' said Sever Hida, Chief Financial Officer for Crossroads Live. "There is a natural synergy between our broad slate of established international theatre productions and their discerning individual investor base looking to diversify their portfolio." Since 2014, Crossroads Live and its legacy businesses have produced 55 tours with over 5,000 performances including titles like The Bodyguard, Annie, Kinky Boots, Chicago, and Grease. During 2024, Crossroads Live presented over 800 weeks of theater resulting in over 4.5 million tickets sold, grossing over $300M. The addition of Crossroads Live represents Yieldstreet's continued expansion of its sponsor network across private markets asset classes. The platform has facilitated over $6 billion in investments, connecting investors to opportunities spanning real estate, private credit, private equity, art and more. About Yieldstreet With more than 500,000 members, Yieldstreet is reimagining how wealth is created, helping investors diversify their portfolios with assets spanning real estate, private credit, private equity, art and more. Its award-winning platform offers investments across ten asset classes. For more information, visit About Crossroads Live Crossroads Live is a global theatre producer. Through our production offices in North America, the UK and Australia and our network of producing partnerships in Asia and Europe, we work with the foremost creative talent and rightsholders, to present the best-loved titles from Broadway and the West End to audiences around the world. As the world's leading pantomime producer, Crossroads Pantomimes also produces 23 pantomimes every year in the UK.
Yahoo
01-07-2025
- Business
- Yahoo
Former E*Trade CEO: How to get the opening of private markets for retail investors right—with the benefit of hindsight
Mitch Caplan led E*Trade as CEO during the electronic trading revolution, guiding the company through its transformation into a full-service financial platform serving millions of retail investors. He now serves as interim CEO and chairman of the board at Yieldstreet. In 1983, a dentist in Michigan executed the world's first online trade from his home computer, sending an order through Trade Plus—a precursor to E*Trade. At a time when individual investing meant calling a broker during business hours and relying on their recommendations, this simple transaction marked a radical departure. Overnight, technology shifted the balance of power from institutions to individuals, permanently reshaping how the world would interact with markets. Merrill Lynch's chairman Daniel Tully captured the establishment's reaction: 'The do-it-yourself model of investing, centered on Internet trading, should be regarded as a serious threat to Americans' financial lives.' Some of the skepticism proved well-founded. But by and large, people embraced these new tools and transformed both the market and their financial futures. Within a decade, millions would be researching, managing, and executing trades on their own terms. Today, 43.1% of U.S. households' financial assets are tied to the stock market—up from just 12.3% in 1983—a transformation that would have been unimaginable when that Michigan dentist placed his pioneering trade. As CEO of E*Trade at the time, I watched the forces that drove this revolution firsthand. Now, I see the same factors converging in private markets. (Disclaimer: I currently lead Yieldstreet, which among other things helps retail investors access private markets.) We've already proven that technology can democratize closed markets. The question is whether we'll design this next wave of access—to private markets—with a greater commitment to serving and protecting the average investor. First, low-cost, accessible investment vehicles are emerging. Just as ETFs and index funds dramatically lowered barriers to stock market participation, new fractional ownership models and specialized funds are making private assets available at lower minimums. Second, technological infrastructure is catching up. As Larry Fink noted in his annual letter, 'With clearer, more timely data, it becomes possible to index private markets just like we do now with the S&P 500.' BlackRock's acquisition of Preqin—a provider of private markets data that tracks over 190,000 funds and 60,000 managers—signals a push for the same transparency in private markets that investors expect in public ones. Third, investor education is evolving alongside access. When E*Trade and Schwab opened the doors to trading, they created a massive knowledge gap. The Motley Fool, Investopedia, and countless creators emerged to fill it. Today, asset managers like Hamilton Lane and Apollo are building robust educational infrastructure for private markets, and I expect a similar explosion of independent educators, YouTube channels, and new media platforms dedicated to demystifying these new assets. Fourth and finally, marketing is normalizing what was once exclusive. In the 2000s, E*Trade's Super Bowl baby became a cultural touchstone and a Trojan horse for a broader message: Stocks and bonds were no longer reserved for Wall Street. That same democratizing message is beginning to reshape how we think about private markets. However, entrenched interests are fighting this change harder than they fought electronic trading. The same industry that warned electronic trading would harm small investors now claims private markets are too complex for ordinary people. Meanwhile, the accredited investor rules—based on wealth, rather than investing knowledge—arbitrarily exclude 88% of Americans from these types of investments. The rise of electronic trading expanded opportunity but also created new risks. The dot-com bubble saw retail investors lose trillions as platforms prioritized volume over outcomes, gamifying investing rather than educating investors. If private markets open without proper guardrails, we risk repeating these mistakes at an even greater scale. The solution starts with purpose-built products. Instead of retrofitting institutional vehicles with high fees and lock-ups, we need investments designed for individuals. Imagine target-date funds incorporating private assets for savers with long-time horizons. Or technology that makes private market performance as transparent as checking your 401(k). This transformation is overdue. While retail investors have gained easy access to public stocks, they've been locked out of private markets—where most value creation in the economy occurs. The companies staying private longer, the real estate developments reshaping cities, the innovation happening in venture-backed startups—all of it has been reserved for institutions and the ultra-wealthy. That's finally changing. This time, however, we have the benefit of hindsight—and the responsibility to use it. The opinions expressed in commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
28-04-2025
- Business
- Business Wire
Yieldstreet and Upgrade Partner to Expand Access to Consumer Credit Investing
NEW YORK--(BUSINESS WIRE)--Yieldstreet, a leading private markets investing platform, and Upgrade Inc., a fintech company offering affordable and responsible credit products to mainstream consumers, today announced the completion of an agreement to purchase assets through Flex Pay, Upgrade's BNPL financing solution. This partnership enables individual investors to target passive income from exposure to high-quality consumer BNPL loans. The first transaction, which closed in April 2025, includes a pool of travel loans through Flex Pay's strong partnerships with over 750 travel partners, including major airlines, cruise lines, and hotel chains. "Upgrade has established itself as a market leader in a wide range of credit categories, including BNPL travel-related financing, with its robust origination platform," said Ted Yarbrough, President and Chief Investment Officer at Yieldstreet. "We're pleased to complete this transaction which will allow investors to further diversify their portfolios in private markets with exposure to consumer credit." 'Through this collaboration with Upgrade, we're continuing to expand Yieldstreet's private credit offerings with another asset class that provides exposure to a diverse portfolio of consumer obligations capitalizing on strong demand for travel experiences even in the face of the volatility currently being experienced in public markets,' said Fahd Basir, Head of Credit and Opportunistic Investments at Yieldstreet. 'We're excited to partner with Yieldstreet to give more investors access to this rapidly-growing asset class,' said Renaud Laplanche, CEO and Co-founder, Upgrade. 'Flex Pay presents a differentiated opportunity for investors and brings more affordability and flexibility to consumers.' Flex Pay's travel financing services are integrated into checkout pages for major brands including United Airlines (NYSE: UAL), Southwest Airlines (NYSE: LUV), Norwegian Cruise Line (NYSE: NCLH), Carnival Cruise Line (NYSE: CCL), and Wyndham Hotels (NYSE: WH). The platform allows travelers to finance trips with fixed monthly payments, targeting consumers who choose the service for convenience and flexibility as opposed to actively seeking credit. As of April 2025, over $37 billion in loans for more than 6.5 million customers has been originated through Upgrade since its founding, including $6.7 billion in Flex Pay travel financing. Yieldstreet's platform has facilitated over $6 billion in investments to date, providing individual investors with access to asset classes typically available only to institutions. This transaction marks the addition of travel financing to Yieldstreet's growing portfolio of private market opportunities. About Yieldstreet With more than 500,000 members, Yieldstreet is reimagining how wealth is created, helping investors diversify their portfolios with assets spanning real estate, private credit, private equity, art and more. Its award-winning platform offers investments across ten asset classes. For more information, visit About Upgrade Upgrade, Inc. offers affordable and responsible credit, mobile banking and payment products to mainstream consumers. Upgrade has delivered over $37 billion in affordable and responsible credit to customers since its inception in 2017. The company's headquarters are in San Francisco, California, with an operations center in Phoenix, Arizona, a technology center in Montreal, Canada, and regional offices in Atlanta, Georgia, and Irvine, California. Upgrade is a financial technology company, not a bank. More information is available at: Loans made through Flex Pay are offered by these lending partners.
Yahoo
08-04-2025
- Business
- Yahoo
Yieldstreet to introduce automated private markets investment platform
Private markets investment platform Yieldstreet has announced the forthcoming launch of Yieldstreet 360 Managed Portfolios, which it claims to be the first automated solution for investing in private markets. This platform aims to eliminate traditional obstacles associated with private market investments, providing individual investors with diversified access to private equity, private credit, and real estate, tailored to their specific financial objectives. The announcement comes amid significant growth in the private markets sector, which has expanded from $9.7tn in 2012 to $24.4tn in 2023, as reported by EY. Yieldstreet 360 is intended to facilitate passive diversification across these markets through a single investment solution. It will construct and manage diversified portfolios that encompass thousands of underlying assets, addressing challenges such as high minimum investment requirements and complex investment structures. Yieldstreet founder and CEO Michael Weisz said: 'Yieldstreet 360 marks a watershed moment for private markets. Just as ETFs and mutual funds revolutionised access to stocks and bonds by creating a simple and diversified solution, Yieldstreet 360 will do the same for private markets. 'Leading wealth management firms consistently recommend that high-net-worth individuals allocate 10-20% of their portfolios to alternatives.' Investors will have the option to choose from various strategies that align with their financial goals, including income-focused and growth-oriented portfolios. The platform will offer automated investment management, rebalancing, and real-time performance tracking, minimising the need for active investor involvement. The portfolios will be developed by Yieldstreet, utilising asset allocations recommended by Wilshire Advisors, a global investment firm. The initial investments will include funds managed by Goldman Sachs Asset Management, Carlyle, and StepStone Group, with plans for expansion to include additional partners and strategies over time. In 2022, Yieldstreet teamed up with Pantera Capital to launch its first crypto fund. "Yieldstreet to introduce automated private markets investment platform" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
