Yieldstreet Under Fire For Missing Investor Payments

Alternative investment marketplace Yieldstreet has come under fire from investors recently due to several investments that have gone bad; according to the Wall Street Journal more than 30 customers signed a letter to Yieldstreet asking for details on how the company insured against losses and monitored $100 million across five maritime loans and an oil and gas deal; the company has also lost a highly touted deal with BlackRock where they were managing a new fund called the Yieldstreet Prism Fund, announced just two months ago; a Yieldstreet spokeswoman said, “the fund’s launch was successful but was then faced with the market environment caused by Covid-19. We are going to look at a different sub-advisor strategy and will be transitioning out of our relationship with BlackRock in an orderly fashion.” The Wall Street Journal

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.