YieldStreet Creates New Fund with BlackRock as Sub-Adviser

It was a month ago that YieldStreet shared that they had partnered with Citi to offer their investors access to private credit investments; now YieldStreet has partnered with BlackRock to launch the YieldStreet Prism Fund; it is a closed end fund which includes both YieldStreet investments and assets from BlackRock; the fund is open to accredited investors with a minimum investment of $20,000 and an asset management fee of 1.5%; the target distribution rate is 7% with dividends paid quarterly; in our latest blog post we share some of the assets that will be included in the fund and how YieldStreet landed on BlackRock as a partner. Lend Academy 

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