Private markets investment platform Yieldstreet has announced the forthcoming launch of Yieldstreet 360 Managed Portfolios, which it claims to be the first automated solution for investing in private markets.
This platform aims to eliminate traditional obstacles associated with private market investments, providing individual investors with diversified access to private equity, private credit, and real estate, tailored to their specific financial objectives.
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The announcement comes amid significant growth in the private markets sector, which has expanded from $9.7tn in 2012 to $24.4tn in 2023, as reported by EY.
Yieldstreet 360 is intended to facilitate passive diversification across these markets through a single investment solution.
It will construct and manage diversified portfolios that encompass thousands of underlying assets, addressing challenges such as high minimum investment requirements and complex investment structures.
Yieldstreet founder and CEO Michael Weisz said: “Yieldstreet 360 marks a watershed moment for private markets. Just as ETFs and mutual funds revolutionised access to stocks and bonds by creating a simple and diversified solution, Yieldstreet 360 will do the same for private markets.
“Leading wealth management firms consistently recommend that high-net-worth individuals allocate 10-20% of their portfolios to alternatives.”
Investors will have the option to choose from various strategies that align with their financial goals, including income-focused and growth-oriented portfolios.
The platform will offer automated investment management, rebalancing, and real-time performance tracking, minimising the need for active investor involvement.
The portfolios will be developed by Yieldstreet, utilising asset allocations recommended by Wilshire Advisors, a global investment firm.
The initial investments will include funds managed by Goldman Sachs Asset Management, Carlyle, and StepStone Group, with plans for expansion to include additional partners and strategies over time.
In 2022, Yieldstreet teamed up with Pantera Capital to launch its first crypto fund.
