Yieldstreet, an alternative investment platform, said Friday that it's launching an Art Equity Fund to give investors an opportunity to invest in physical art.
The fund will allow them to invest a diversified pool of blue-chip and mid-career postwar and contemporary artworks, including pieces by George Condo, Keith Haring and Kenny Scharf.
Future Yieldstreet fund offerings are expected to partner with prominent experts across the art market and include a range of focuses, periods, genres and artists at various stages of their careers.
Since its founding in 2015, Yieldstreet has funded more than $2.4 billion of investments across a range of alternative asset classes.
Firms are facing increasing scrutiny over whether they can be held responsible for losses by clients whose ability to understand their investments has been compromised.
Decision deepens the two firms’ decade-long relationship
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