Yieldstreet offers opportunities to invest in the art market with well-curated diversified portfolios after Christie’s, Sotheby’s and Phillips announce record sales of $15 billion in 2021
NEW YORK, March 15, 2022–(BUSINESS WIRE)–Yieldstreet, a leading digital alternative investment platform dedicated to accessing exclusive private market opportunities, today announced the continuation of its equity investment opportunities in popular art, with the launch of its third art equity investment fund.
Arts Equity Fund III will feature a diverse collection of contemporary artists, including well-known artists such as Banksy and Takashi Murakami, as well as emerging artists such as Amoako Boafo and Mickalene Thomas. Fund III includes world-renowned artists who are among the market leaders in terms of liquidity, price momentum, trading volume, institutional support, dealer representation and popular interest.
Michael Weisz, co-founder and president of Yieldstreet, said, “Yieldstreet offers people who love art access to an investment market that offers the potential for income and growth. We are privileged to be custodians of these works of art for some time, and our goal is to make this moment meaningful.” The art world broke records last year with Christie’s, Sotheby’s and Phillips, which had a turnover of $15 billion. “With our third art investment fund, our investors have the opportunity to invest in the works of art by the best artists in the market”, said said Weisz.
Tickets for the exhibition Jean-Michel Basquiat: King Pleasure
The top 100 investors in the Yieldstreet Art Equity III fund will be eligible to receive two tickets to Jean-Michel Basquiat: King Pleasure©, the first-ever exhibition honoring his life’s work.
As part of its commitment to art and investment in art, Yieldstreet is partnering with the legendary artist’s family and sponsoring the exhibition which will feature over 200 previously unseen and rarely shown Basquiat paintings.
Yieldstreet launched its first art equity fund in November 2021, quickly followed by its Artistic Equity Fund II in January 2022, which focused on underrepresented artists who had been largely overlooked due to their race and gender, but are finally gaining massive market and institutional interest. Fund III offers investors the opportunity to further diversify their portfolio by accessing some of the best works from this century’s most important artists. The artists included in this fund are current but firmly established in the canon of art history and can be found in the collections of the greatest
About Yieldstreet: Yieldstreet is reinventing wealth creation by providing access to alternative investments hitherto reserved for institutional investors and the ultra-rich. Yieldstreet’s mission is to help millions of people generate income outside of traditional public markets. Its award-winning technology platform provides access to investment products across a range of asset classes including real estate, commercial, consumer, art, marine, legal finance and aviation. Since its inception in 2015, Yieldstreet has funded over $2.7 billion in investments and is committed to making financial products more inclusive by creating a modern investment portfolio. The company, headquartered in New York with offices in Brazil, Greece and Malta, is backed by leading venture capital firms. Join the movement at www.yieldstreet.com.
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