Yieldstreet launches new arts equity fund in honor of Harlem artists

NEW YORK–(COMMERCIAL THREAD) – Yieldstreet, a leading digital alternative investment platform dedicated to accessing exclusive private market opportunities, today announced the launch of its second art investment fund in the past two last months.
Art Equity Fund II: Harlem Artists will highlight 100 years of prominent artists from the Harlem Renaissance to the present day. The Harlem Renaissance, a multidisciplinary art movement celebrating African American art, music, literature, and theater in the 1920s and 1930s, was led by eminent painters Jacob Lawrence and Norman Lewis. Decades later, Harlem continues to inspire the creative community, producing some of the most respected and sought-after artists such as Alice Neel, Faith Ringgold and Glenn Ligon. The Fund celebrates the continuing renaissance of black and female visual artists working in New York City – two groups that have long been under-represented – and whose works are highly coveted by collectors, museums and major institutions.
Yieldstreet’s inaugural arts investment fund, which focused on post-war and contemporary artwork from Jean-Michel Basquiat’s circle of friends, including George Condo, Keith Haring and Kenny Sharf, has been one of Yieldstreet’s most popular launches to date. Yieldstreet is looking to build on this momentum, with plans to launch more funds in different artistic fields this year.
The shift to equity in art deals was led by Rebecca Fine, who was most recently appointed art finance manager to oversee the expansion of the company’s artistic activity. Fine is a seasoned professional who most recently served as General Counsel and Co-Founder of Athena Art Finance, an art finance leader that was founded in 2015 and acquired by Yieldstreet in 2019. Rebecca was also President of Art Finance, Funds and Trust Subcommittee of the Art Law Committee of the New York Bar Association.
“There are many art enthusiasts who may never have had the opportunity to incorporate art into their investment portfolio. Historically, the art market has experienced strong barriers to entry, typically requiring vast amounts of capital and in-depth knowledge of the art market industry, ”said Rebecca Fine. “I am honored to help those interested in the art market access it and to share my passion for art with collectors and investors.
In addition to offering investment opportunities in art, Yieldstreet also plans to offer investors unique experiences to engage with gallery owners, curators, art historians and even leading artists. in funds, giving investors the opportunity to gain an insider perspective on works of art and art. market through exhibitions and private events.
To date, Yieldstreet x Athena have funded and offered over $ 400 million in debt and equity investments on the Yieldstreet platform.
About Yieldstreet:
Yieldstreet is reinventing the way wealth is created by providing access to alternative investments previously reserved only for institutions 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 such as real estate, commerce, consumer, art, marine, legal finance and aviation. Since its inception in 2015, Yieldstreet has funded more than $ 2.7 billion in investments and is committed to making financial products more inclusive by building a modern investment portfolio. The company, with headquarters in New York City and offices in Brazil, Greece and Malta, is backed by leading venture capital firms. Join the movement at www.yieldstreet.com.