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YieldStreet Surpasses $100M of Loans Funded in Less Than 8 Quarters - all from retail investors

YieldStreet, the alternative asset based investment platform founded by Milind Mehere and Michael Weisz, has surpassed $100M in loans funded in less than 8 quarters from accredited investors and single family offices. The company had a strong 2016, growing its monthly investor sign ups by 1700% and loan origination by 300% from January to December.

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Portfolio Demographics of YieldStreet Investors

Portfolio Demographics of YieldStreet Investors

YieldStreet closed 2016 with a $19.8M short-term corporate receivables offering. After launching the offering, which had a target annualized yield of 20%, YieldStreet saw $19.8M invested within eight hours. In Q1, the demand has continued to increase with several multimillion dollar offerings selling out in minutes.

It appears that investors recognize the increasing demand for YieldStreet’s investment offerings as they look to diversify their portfolio. Over 79%1 of institutional investors are already invested in alternatives, and as the market continues to open to individual investors, there is an appetite for more. Accredited investors seem to be specifically attracted to low market correlation and historical performance. With zero principal loss thus far, the average YieldStreet investor invests over $150K in their portfolio, and over 65% of investors have already made more than one investment. Further, with minimums as low as $5K on YieldStreet, many more investors can have the opportunity to dip their toes in the alternative investment market.

Milind Mehere echoes this sentiment. “Our mission is to help build prosperity for all by making alternative investments part of every investor portfolio and not just hedge funds and institutions. We are proud to have returned over $40M in principal and interest back to our investors, hopefully helping them achieve their desired financial well-being. Technology is key to our growth, combining data and risk management fundamentally changes how we should think about financial planning and wealth management.”

The global alternative lending and finance market continues to grow, creating a bright spot in the lending ecosystem. YieldStreet has emerged as a leading alternative investment platform, outsizing other platforms offering litigation finance opportunities with more than $50M closed in this sector alone, and specializing in asset based lending across additional asset classes such as real estate, receivable finance, and commercial loans.

“Even with recent records in equities markets, there is still an inherent distrust and weariness due to volatility. As I continue to talk to investors, from individuals to institutions, more continue to reallocate from traditional investment products to fixed income alternatives such as YieldStreet,” says Michael Weisz, “To continue to fuel our origination and investor growth we hope to raise between $100-300M in debt and equity financing this year. As we scale, our primary obligation continues to be ensuring the strength of the collateral behind our investments. We will never waiver from the strong risk management and investment philosophy at the core of our platform.”

About YieldStreet

YieldStreet provides access to asset based investments historically unavailable to most investors. With the mission of prosperity for all, YieldStreet allows investors to effortlessly participate in curated investments with low market correlation and high yield, across litigation finance, real estate and other alternative asset classes. We believe our technology platform creates a unique experience for investors at every level and provides valuable diversification and strength to most portfolios. Join the movement.

1 Source: https://www.preqin.com/docs/reports/Preqin-Investor-Outlook-Alternative-Assets-H1-2016.pdf

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