Summary
- YieldStreet has been consistently launching new portfolios throughout the year. On February 20th, the announcement of Accelerated Pre-Settlement Portfolio V brought down the platform for all afternoon due to traffic spikes. The platform is experiencing excess demand.
- I had a large cash sitting in my bank account waiting for LexShares new investment opportunities. This year may be the only chance to invest in individual cases.
- It appears that the demand from investors to allocate funds for new cases remains strong. You have less than 20 minutes to commit as they get filled up quickly. It is necessary to take action immediately without analyzing the full details of the case.
- On August 29th, a new case popped up with 22% pre-funded by the internal hedge fund. A small retail investor added $5,000 before I made a commitment. I took all remaining amount as soon as I gained access.
- On August 31st, another case popped up with 12% pre-funded. Initially it was open to selected members only. After more than 1 hour of waiting and watching, LexShares finally granted access to all members. The case was 82% funded by then. I took all remaining amount as soon as I gained access.
- Yieldstreet has upped the length of any new Pre-Settlement Portfolio deals from 36 months to 48 months to accommodate the massive increase in state bar backlog.
YieldStreet Investment Opportunities
Date |
Amount |
APR |
Duration |
Description |
01/16/2017 |
$2M |
13% |
36 |
Diversified Pre-Settlement Portfolio XIV |
01/17/2017 |
$2.5M |
9% |
11 |
Multi-Use Real Estate Portfolio III |
01/24/2017 |
$1.6M |
9% |
18 |
Commercial Real Estate Portfolio I |
01/31/2017 |
$2.06M |
13% |
36 |
Diversified Pre-Settlement Portfolio XV |
02/12/2017 |
$1.3M |
13% |
36 |
Diversified Pre-Settlement Portfolio XVI |
02/20/2017 |
$1.66M |
15% |
18 |
Accelerated Pre-Settlement Portfolio V |
02/26/2017 |
$5M |
12% |
36 |
Diversified Commercial Litigation Portfolio I |
03/03/2017 |
$1.19M |
13% |
36 |
Diversified Pre-Settlement Portfolio XVII |
03/06/2017 |
$1.25M |
9% |
16 |
Multi-Use Real Estate Portfolio IV |
03/08/2017 |
$1M |
12% |
24 |
Law Firm Financing I |
03/14/2017 |
$4.6M |
9% |
12 |
Commercial Real Estate Portfolio II |
03/21/2017 |
$2M |
12% |
14 |
Law Firm Financing II |
04/10/2017 |
$1.9M |
12% |
18 |
Accelerated Pre-Settlement Portfolio IX |
04/12/2017 |
$1.98M |
9% |
18 |
Multi-Use Real Estate Portfolio V |
04/24/2017* |
$2.23M |
12% |
18 |
Accelerated Pre-Settlement Portfolio X |
05/12/2017 |
$1.98M |
9% |
18 |
Multi-Use Real Estate Portfolio VI |
05/30/2017* |
$2.15M |
13% |
36 |
Diversified Pre-Settlement Portfolio XX |
08/11/2017 |
$2.75M |
12% |
36 |
Law Firm Financing III |
08/31/2017 |
$3.8M |
13% |
36 |
Diversified Pre-Settlement Portfolio XXIII |
09/15/2017 |
$4.55M |
9% |
14 |
Residential Real Estate Portfolio I |
09/22/2017 |
$3.5M |
11% |
36 |
Commercial Financing I |
09/29/2017 |
$4.5M |
9.5% |
24 |
Secure Storage Facility |
09/30/2017 |
$4M |
12% |
24 |
Law Firm Financing V |
10/06/2017 |
$4M |
13% |
36 |
Diversified Pre-Settlement Portfolio XXIV |
10/27/2017 |
$5M |
9% |
18 |
Real Estate Development Financing II |
11/30/2017 |
$12M |
12% |
36 |
Class Action Management Financing I |
12/08/2017 |
$4.65M |
9% |
9 |
Multi-Use Real Estate Portfolio X |
12/11/2017* |
$4M |
9% |
18 |
Commercial Real Estate Property II |
12/12/2017 |
$18.5M |
10.25% |
36 |
Law Firm Financing VI |
12/27/2017 |
$5.18M |
13% |
48 |
Diversified Pre-Settlement Portfolio XXV |
* open to first-time investors only
LexShares Investment Opportunities
Date |
Case |
Offering Size |
03/03/2017 |
Breach of Contract |
$400,000 |
03/08/2017 |
Breach of Contract |
$400,000 |
03/13/2017 |
Patent Infringement |
$3,775,000 |
04/06/2017 |
Breach of Fiduciary Duty, Fraud |
$200,000 |
04/13/2017 |
Breach of Contract |
$225,000 |
04/27/2017 |
Breach of Contract |
$150,000 |
05/05/2017 |
Breach of Contract |
$300,000 |
05/26/2017 |
Negligence, Breach of Contract |
$300,000 |
06/08/2017 |
Breach of Contract |
$100,000 |
06/27/2017 |
Trademark Infringement |
$620,000 |
07/05/2017 |
Breach of Fiduciary Duty, Fraud, Negligence |
$750,000 |
07/12/2017 |
Qui Tam / Whistleblower |
$150,000 |
08/29/2017 |
Breach of Contract, Promissory Estoppel |
$225,000 |
08/31/2017 |
Breach of Contract, Fraud, False Arrest And Imprisonment |
$275,000 |
09/06/2017 |
LexShares Marketplace Fund I |
$25,000,000 |
09/14/2017 |
Trademark Infringement |
$100,000 |
10/06/2017 |
Breach of Contract |
$150,000 |
10/27/2017 |
Breach of Fiduciary Duty |
$500,000 |
12/29/2017 |
Theft of Trade Secrets, Tortious Interference |
$4,000,000 |