Yieldstreet, a leading private market investing platform, and Wilshire Advisors LLC, a global advisor with more than $1 trillion in assets under advisement, announced a strategic partnership that intends to revolutionize investor access to institutional-quality alternative investments. By combining Yieldstreet's cutting-edge technology and private markets expertise with Wilshire's decades of data, analytics, and due diligence, this partnership will deliver a holistic solution for investors seeking diversified, passive exposure to private markets.
The collaboration will launch with a pioneering suite of model portfolios designed to help Yieldstreet's 500,000+ members construct balanced, diversified alternative asset portfolios. Designed in partnership with Wilshire's senior investment team, these custom portfolios leverage the same framework Wilshire uses to manage the asset allocations of some of the world's largest pension funds and endowments. Through Yieldstreet's platform, investors will now have access to institutional-grade portfolio construction tools and the latest market research that have contributed to major institutions' private market strategies for over 40 years.
The partnership extends beyond model portfolios. Investors on Yieldstreet will also gain access to a broader array of private markets investment opportunities — sourced and vetted by Wilshire's global alternative investments team. In 2023, Wilshire's global alternative investments team sourced more than 3,600 investment opportunities, ultimately deploying $1.8B+ across 67 investments on behalf of discretionary and advisory clients, globally.
"Every investment portfolio is going to have alternatives as a core component, and Yieldstreet is the driving force behind this shift," said Michael Weisz, Founder and Chief Executive Officer of Yieldstreet. "We're not just talking about making alternatives accessible; we're actually doing it. With the launch of our groundbreaking model portfolios backed by Wilshire's deep experience, we're giving investors the keys to the same sophisticated strategies that institutions have used to drive returns for decades – making it easier than ever to seamlessly build and manage diversified private markets portfolios."
"Private markets are the new frontier for qualified investors, and Wilshire is at the forefront of democratizing access to these investments and the returns, lower volatility, and increased portfolio diversification that come with them," said Jason Schwarz, Deputy Chief Executive Officer and President of Wilshire. "This collaboration with Yieldstreet will deliver a seamless experience with institutional-grade investment solutions to meet an increasing demand."
Together, Yieldstreet and Wilshire aim to bridge the information and access gap between institutions and individual investors. By combining Yieldstreet's private markets distribution capabilities with Wilshire's analytical expertise, the partnership will enhance the private markets ecosystem and provide investors with the tools, resources, and knowledge necessary to incorporate alternatives for better portfolio diversification.