Yieldstreet, the private market investing platform, announced the appointment of Ted Yarbrough as its Chief Investment Officer.
Yarbrough reportedly “brings to Yieldstreet nearly three decades of experience at Citigroup (NYSE: C) and its predecessor companies, holding a variety of leadership roles across the firm’s banking, markets, and lending businesses.”
During his tenure, he served “as Chief Investment Officer of Global Spread Products, Global Head of Structured Finance, and most recently as Global Co-Head of Institutional Credit Management.”
At Yieldstreet, Yarbrough will “lead investment strategy across real estate, private equity, private credit, structured products, legal finance, art finance, managed funds, and more.”
He is tasked “with driving investment growth, expanding Yieldstreet’s origination network, and developing innovative private market products of the future.”
Yieldstreet President and Founder Michael Weisz said:
“I am delighted to have someone of Ted’s caliber and experience join Yieldstreet as Chief Investment Officer. His leadership will help us accelerate Yieldstreet’s growth and further solidify our position as the leading multi-strategy private market investment platform in the marketplace.”
Of particular importance in today’s environment of economic uncertainty, Yarbrough “will also spearhead the delivery of timely insights and education to Yieldstreet’s community of more than 420K members.”
Yarbrough added:
“I am thrilled to be joining Yieldstreet as Chief Investment Officer and look forward to contributing to the continued expansion of this innovative and market-leading platform. Having dedicated most of my career to the creation of alternative asset solutions for corporate and institutional clients, I am drawn to Yieldstreet’s mission to provide individual investors with a broad array of opportunities.”
Yarbrough joins Yieldstreet “at a time of rapid growth.” In 2023, the platform has “surpassed $3.5B invested and $2B distributed to investors since its inception in 2015.”
As covered, Yieldstreet claims it is “the leading private market investing platform, has helped more than 420K members diversify their portfolios with alternative assets spanning real estate, private credit, legal finance, art, and more.”
The platform is “differentiated by its 10 asset classes, institutional due diligence standards, strong track record, and seamless investor experience.”