It’s been just over three months since I joined Yieldstreet, and I’m excited and honored to be a member of such a passionate and dynamic team, all of whom are dedicated to providing you with unprecedented access to the world of private market investments.
I joined Yieldstreet following almost 30 years at Citigroup, where I held numerous global leadership positions across banking, lending, and capital markets businesses. I worked across a range of alternative asset classes and was ultimately responsible for more than $100B in commitments.
Over the course of my career, I often thought about how powerful it would be if I could replicate the types of transactions I managed professionally within my own personal investment portfolio. However, the manner in which these types of investments were structured and the high minimums required to participate made these investments available only to banks, institutions, and the very wealthiest of individuals.
During my time at Citi, I had the pleasure of meeting Yieldstreet’s founders and was instantly drawn to their mission to deliver institutional-quality private market investments in a format that would be accessible to a broader base of investors. After retiring from Citigroup and taking some time to consider the next chapter in my career, I reconnected with the founders and decided Yieldstreet was where I wanted to be.
Alongside a robust executive team led by our Founder and CEO Michael Weisz, I couldn’t be more excited to continue to build upon Yieldstreet’s mission.
Why private markets? Why now?
The current market environment, impacted significantly by inflation levels not seen in decades and drastically increased interest rates, has created a landscape most investment professionals have never before had to navigate. Add in other relevant factors such as lingering effects from the pandemic and political instability, and it’s easy to see why there has been so much volatility across public markets.
This is where we believe private market investments make sense.
At Yieldstreet, we focus on providing you with investments that we believe have very strong fundamental value, often involving real assets, such as real estate, art, equipment, and a wide variety of secured consumer and business-related loans and leases. The value of these investments is most often not influenced by, or correlated to, daily fluctuations in financial markets, but derived from the intrinsic underlying value of the asset, the contracted cash flows payable by the end-user or owner, and structural and credit enhancements that help protect the investor from asset underperformance.
These real asset investments, supplemented with other unique strategies such as private equity, venture capital, private credit, and equity-linked structured notes, allow us to deliver a portfolio of private investments that can provide capital preservation, income, and capital appreciation, with attractive risk-adjusted returns relative to options available in the public markets.
More importantly, we take the utmost care and diligence in sourcing and structuring the transactions we offer to you. On average, we select less than 10% of all of the investment opportunities that we see, and our team of more than 40 experienced investment and legal professionals completes multiple levels of analysis to help ensure that the structure, controls, pricing, and terms provide a suitable investment for you.
What you can expect from us
These are exciting times at Yieldstreet, and our entire team is relentlessly focused on continually enhancing your experience as a Yieldstreet investor. Over the coming months, you will see from us:
- An expanded selection of investment offerings, diversified by asset class, investment strategy, and risk/return dynamics, available in both standalone and fund formats.
- The introduction of analytical tools and guidance that will allow you to build a model portfolio of private market assets that best suit your specific investment goals.
- Improved educational and market-related content, so you can always remain well-informed as you evaluate your investment decisions.
- Enhanced portfolio reporting, including investment performance updates, and account statements.
Going forward, you will receive a quarterly update from me regarding our offerings, portfolio performance, and market insights, along with other content we hope you will find interesting and informative.
Most importantly, thank you for being a Yieldstreet investor and for entrusting us with you and your family’s hard-earned assets. My 200+ colleagues and I come to work every morning with one thought in mind — to deliver to you an extraordinary investor experience.
I look forward to partnering with you.
Ted
What's Yieldstreet?
Yieldstreet provides access to alternative investments previously reserved only for institutions and the ultra-wealthy. Our mission is to help millions of people generate $3 billion of income outside the traditional public markets by 2025. We are committed to making financial products more inclusive by creating a modern investment portfolio.
2 Represents an net annualized return, using an internal rate of return (IRR) methodology, with respect to the matured investments shown in your Portfolio experience, utilizing the effective dates and amounts of subscriptions and distributions to and from the investments, net of management fees and all other expenses charged to the investments.[read more]