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Yieldstreet Appoints New Chief Product Officer

September 22, 2022 • 3 min read

NEW YORK–(BUSINESS WIRE)–Yieldstreet, a leading private market alternative investment platform, today announced the appointment of 20-year financial services and technology industry veteran Rick Winslow as Chief Product Officer. This strategic expansion of Yieldstreet’s leadership team will help further scale the platform and make alternative investments more accessible to investors looking to grow their wealth outside of the stock market.

n this new role, Winslow will lead Yieldstreet’s efforts to provide investors with a simple, personalized end-to-end experience. This includes frictionless onboarding, robust investing tools, relevant educational content, experienced support, transparent performance reporting and more. Some immediate focus areas include:

Recommendations by Yieldstreet: Yieldstreet’s proprietary algorithm assists in matching investors with a curated set of investments that align to their strategy and goals.
Investor education: Yieldstreet offers a robust library of proprietary content that helps meet the needs of both new and experienced private market investors throughout their journey.
Expanding distribution: Through new marketing capabilities, partnerships and channels, Yieldstreet will continue to seek to reach and onboard new investors.

Winslow will lead Yieldstreet’s Design, Product Management and Investor Relations/Customer Support teams, reporting to founder and CEO Milind Mehere.

“Rick’s deep experience in developing and elevating financial services products makes him an ideal addition to our growing team,” said Mehere. “We believe private market alternatives should be a fundamental part of every investor’s portfolio, and Rick’s experience and leadership will help us make that mission a reality.”

Prior to joining Yieldstreet, Winslow served as Chief Product Officer at Kabbage, where he helped pioneer an entirely new category of automated cash-flow solutions for small businesses. Winslow also previously served as Senior Advisor at McKinsey & Company and Head of Digital Innovation at Capital One Commercial Banking.

“Yieldstreet is expanding access to private markets by simplifying the end-to-end investing experience,” said Winslow. “I’m excited to work with a mission-driven company that is creating transparency, leveling the playing field and putting investors first.”

For more information on Yieldstreet’s investor community and offering performance, click here.

About Yieldstreet

Yieldstreet believes that private market alternatives should be a fundamental part of an investment portfolio. The company empowers investors to grow their wealth outside of the stock market by curating private market alternatives from top investment managers, all on one easy to use platform.

Yieldstreet provides access to the broadest range of private market options to help investors diversify beyond the ups and downs of the stock market. Its award-winning platform provides access to investment products across a range of asset classes such as Real Estate, Venture Capital, Private Credit, and Art.

Since inception, offerings on Yieldstreet have delivered an annualized net return of 9.61%*, in line with their targets. For disclosure regarding this return figure, detailed platform performance and asset class insights, click here.

*Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in significant losses.

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.

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We believe our 10 alternative asset classes, track record across 470+ investments, third party reviews, and history of innovation makes Yieldstreet “The leading platform for private market investing,” as compared to other private market investment platforms.

¹ Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in significant losses.

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]

³ "Annual interest," "Annualized Return" or "Target Returns" represents a projected annual target rate of interest or annualized target return, and not returns or interest actually obtained by fund investors. “Term" represents the estimated term of the investment; the term of the fund is generally at the discretion of the fund’s manager, and may exceed the estimated term by a significant amount of time. Unless otherwise specified on the fund's offering page, target interest or returns are based on an analysis performed by Yieldstreet of the potential inflows and outflows related to the transactions in which the strategy or fund has engaged and/or is anticipated to engage in over the estimated term of the fund. There is no guarantee that targeted interest or returns will be realized or achieved or that an investment will be successful. Actual performance may deviate from these expectations materially, including due to market or economic factors, portfolio management decisions, modelling error, or other reasons.

⁴ Reflects the annualized distribution rate that is calculated by taking the most recent quarterly distribution approved by the Fund's Board of Directors and dividing it by prior quarter-end NAV and annualizing it. The Fund’s distribution may exceed its earnings. Therefore, a portion of the Fund’s distribution may be a return of the money you originally invested and represent a return of capital to you for tax purposes.

⁵ Represents the sum of the interest accrued in the statement period plus the interest paid in the statement period.

⁶ The internal rate of return ("IRR") represents an average net realized IRR with respect to all matured investments, excluding our Short Term Notes and Structured Notes programs, weighted by the investment size of each individual investment, made by private investment vehicles managed by YieldStreet Management, LLC from July 1, 2015 through and including June 30, 2024, after deduction of management fees and all other expenses charged to investments.

⁷ Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Alternative Income Fund before investing. The prospectus for the Yieldstreet Alternative Income Fund contains this and other information about the Fund and can be obtained by emailing [email protected] or by referring to www.yieldstreetalternativeincomefund.com. The prospectus should be read carefully before investing in the Fund. Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.

⁸ This tool is for informational purposes only. You should not construe any information provided here as investment advice or a recommendation, endorsement or solicitation to buy any securities offered on Yieldstreet. Yieldstreet is not a fiduciary by virtue of any person's use of or access to this tool. The information provided here is of a general nature and does not address the circumstances of any particular individual or entity. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of this information before making any decisions based on such information.

⁹ Statistics as of the most recent month end.

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