Yieldstreet, a private markets investing platform, and Garrington Capital, a provider of capital solutions to small- and mid-sized enterprises in the U.S. and Canada, formed a new joint venture focused on opportunities in the equipment finance sector.
Yieldstreet, a private market alternative investment platform, appointed 20-year financial services and technology industry veteran Rick Winslow as chief product officer.
Yieldstreet, a direct-to-consumer online platform for investing in private markets, closed a warehouse facility that provides access to up to $400 million from Monroe Capital.
A new entrant joined the private business credit world in June, as wealth management and financial technology firm Yieldstreet launched its newest vertical. With long-time business partners Barbara Anderson and Larry Curran forming the core of the new group, Yieldstreet Private Business Credit aims to grow right alongside its borrowers and investors.
Yieldstreet launched a private business credit vertical. The new vertical will be led by Barbara Anderson and Larry L. Curran II and is Yieldstreet’s fifth asset class, joining real estate, legal, marine and art verticals.