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EDGAR Verified
Primary Source · SEC.gov

YS LC LF XLVIII LLC

CIK 0001782127Single-Deal SPV2019 vintage506(c), 3(c)(1)
Willow WealthFull Review

Raised

$5M

Investors

64

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

YS LC LF XLVIII LLC is a Delaware pooled investment fund that raised $4.8M from 64 investors under Rule 506(c) and 3(c)(1) exemptions, filed July 10, 2019. The offering had no stated minimum investment and was managed by YieldStreet Management LLC, with Michael Weisz and Milind Mehere as executive officers and promoters. This entity appears to be part of the YieldStreet platform ecosystem, which operates multiple private credit vehicles.

This private credit pooled fund uses a 506(c) exemption allowing general solicitation with verified accredited investors, combined with 3(c)(1) Investment Company Act relief limiting it to 100 beneficial owners. The $0 stated minimum investment on a $4.8M raise with 64 investors (average ~$75K per investor) suggests a relatively accessible platform-based offering compared to traditional institutional private credit funds that typically require $100K-$1M minimums.

Data Flags

minimum_investment$0 stated minimum on a $4.8M raise suggests broad retail distribution through a platform model
investor_count64 investors for $4.8M raised indicates average check size of ~$75K, suggesting fragmented investor base typical of retail platforms
sales_commissionsNo sales commissions disclosed on 506(c) general solicitation offering, which typically involves broker-dealer distribution costs
first_sale_dateFirst sale date not disclosed, preventing verification of vintage year or assessment of capital deployment timeline

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001782127
Entity NameYS LC LF XLVIII LLC
Exemption506(c), 3(c)(1)
First Sale Date—
Filing DateJuly 10, 2019
Accession Number0001782127-19-000001
Total Amount Sold$5M
Total Investors64
Minimum Investment$0 (no stated minimum)
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

- YieldStreet Management LLC

Executive Officer · New York, NY

Michael Weisz

Executive Officer, Promoter · New York, NY

Milind Mehere

Executive Officer, Promoter · New York, NY

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.