The new fund allows people who love art and other investors to easily add recognized artists to their portfolios
NEW YORK–(BUSINESS WIRE)–Yieldstreet, a leading digital alternative investment platform, is proud to unveil its Art Equity Fund IV, which is now accepting investments. The new offering is anchored by one of Jean-Michel Basquiat’s most significant works and includes iconic pieces from contemporary artists Damien Hirst, Edward Ruscha, and Luccio Fontana, among others. Art Equity Fund IV continues to deliver on Yieldstreet’s mission to bring millions of investors to the table and unlock the potential to diversify their portfolios in new and exciting ways.
“Historically, only the fortunate few have been able to access valuable opportunities in the art market. Our Art Equity Platform changed that,” said Milind Mehere, Founder and CEO of Yieldstreet. “Over the past 25 years, contemporary art, as an asset class, has seen an average return of around 14% while the S&P 500 saw returns below 10% over the same time period. We believe this is an opportunity to do better for investors and people passionate about art.”1
Yieldstreet created its Art Equity Platform in collaboration with experienced in-house art professionals to feature a range of styles and genres while opening up access to some of the most exciting and disruptive artists in the art market, which is experiencing strong growth, and record demand.
Yieldstreet’s past Art Equity Funds offered opportunities to invest in artworks by artists like Banksy, Stanley Whitney, and Yayoi Kusama. We believe Art Equity Fund IV, in addition to aggregating the talent of artists like Jean-Michel Basquiat, has the potential to generate 15-20% target annualized net returns.*
“Our in-house art market professionals and third-party appraisers meticulously curate our Art Equity Funds. This team combines proprietary research and data with insider access to identify incredible opportunities for our investors,” said Rebecca Fine, Managing Director, Art Finance at Yieldstreet. “Art Equity Fund IV is constructed with strict investment criteria and concentration limits to optimize both sector and price point diversification.”
Like Yieldstreet’s existing suite of Art Equity Funds, Art Equity Fund IV includes works from globally celebrated artists who have historically outperformed the rest of the art market. Works by these artists exhibit a low correlation to volatile equity markets, and could be poised for rapid growth over the next three-to-five years, plus lead the market in price momentum and trading volume. An independent conservator has verified all art assets.
The announcement of Art Equity Fund IV coincides with Yieldstreet’s sponsorship of the Jean-Michel Basquiat: King Pleasure© exhibit in New York City. Organized and curated by the Basquiat family, the exhibition showcases more than 200 never-before-seen and rarely shown paintings, drawings, multimedia presentations, ephemera, and artifacts.
For more information on investing in fine art with Yieldstreet, click here.
Yieldstreet is reimagining how wealth is created by providing access to alternative investments previously reserved only for institutions and the ultra-wealthy. Yieldstreet’s mission is to help millions of people generate $3 billion of income outside the traditional public markets by 2025. Its award-winning technology platform provides access to investment products across a range of asset classes such as Real Estate, Venture Capital, Legal Finance, and Crypto. Since its founding in 2015, Yieldstreet has funded over $2.2 billion of investments and is committed to making financial products more inclusive by creating a modern investment portfolio. The company, headquartered in New York City with offices in Brazil, Greece, and Malta, is backed by leading venture capital firms.
1 How Contemporary Art Has Outperformed The S&P 500 For The Past 25 Years, Benzinga
*Target 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, modeling errors, or other reasons.
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.