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FUNDRAISING NEWS | November 25, 2024

Report: Alts Manager Yieldstreet Seeks Up to $100M in New Funding Round

Tags: Alternative Insights, Real Assets, Private Equity

Alternative real assets investment firm Yieldstreet is aiming to raise between $75M and $100M from a new funding round, Fortune reported November 23, citing banking and private equity sources.

The unnamed sources said the schedule of the fundraising remains unclear, with some saying it could wrap up imminently while others expect completion in early 2025. They added that the company tapped advisors for the funding round. Amid the fundraising, the people said the investment firm is also exploring a sale or a combination of a capital raising and divestment.

Source: https://www.aol.com/yieldstreet-seeks-75-100-million-211211494.html 

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