Yieldstreet has launched its Art Equity Fund. Ultra-wealthy and high-net-worth individuals have been buying art to diversify portfolios, and Yieldstreet’s Art Equity Fund aims at giving retail investors the same opportunity.
“At every turn, we are upending the traditional dynamics of alternative investing and making them more accessible,” said Michael Weisz, co-founder and president of Yieldstreet. “Many investors have grown frustrated at the stubbornly low-yield environment we’ve been in for the last decade and have looked to alternatives to help generate above-public market returns. However, not all investors can afford to lock-up capital for some of the durations needed to extract the private market’s premium. We hope this new liquidity option enables new investors to become more confident knowing their alternative investments will be more liquid.”
The Art Equity Fund launches today and will provide investors an opportunity to invest in a diversified p