YieldStreet Raised $12.8M To Provide Access to Alternative Investments To the Masses

With the stock market soaring to new highs, you may be thinking about diversifying your portfolio.   However, there are not that many options that are uncorrelated to the stock market that are readily available and easy to access. Introducing YieldStreet, the investment platform that lets you invest in alternative investment opportunities across multiple asset classes that are fully backed by collateral. With current returns of 8-20% you can build a diverse portfolio investing in real estate, legal settlements, and other instruments. Traditionally only available to sophisticated investors like hedge funds, Yield Street is democratizing these investments and the investments typically have a 1-3 year investment span.

AlleyWatch sat down with Milind Mehere, CEO and cofounder of YieldStreet to discuss its origin, future plans and most recent funding rounds which included a significant credit facility in addition to an equity funding.

 

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