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EDGAR Verified
Primary Source · SEC.gov

YS ALTNOTES I LLC

CIK 0001738298Platform / Operating Company2022 vintage506(c), 3(c)
Willow WealthFull Review

Raised

$760M

Investors

12,503

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

YS ALTNOTES I LLC is a Delaware pooled investment fund offering debt securities, filed by YieldStreet Management, LLC with executives Michael Weisz and Milind Mehere. This amended filing reports $759.6M raised from 12,503 investors under Rule 506(c) and 3(c) exemptions, with no stated minimum investment. The entity appears to be part of the YieldStreet platform ecosystem, related to Willow Wealth's private credit offerings.

This private credit vehicle represents a large-scale retail distribution model with no minimum investment and an average investor commitment of approximately $60,700. The 506(c) exemption combined with zero minimum and exceptionally high investor count is characteristic of platform-based note programs targeting mass-affluent accredited investors, contrasting with typical institutional private credit funds that require $100K+ minimums and have sub-100 investor counts.

Data Flags

minimum_investment$0 minimum investment on a $759.6M raise with 12,503 investors suggests retail-scale distribution infrastructure
investor_countExceptionally high investor count (12,503) relative to capital raised, yielding ~$60.7K average check size
sales_commissionsNo sales commissions reported on a large 506(c) offering with broad retail participation
first_sale_dateFirst sale date not disclosed in amended filing, preventing vintage year determination and late filing assessment

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001738298
Entity NameYS ALTNOTES I LLC
Exemption506(c), 3(c)
First Sale Date—
Filing DateMay 23, 2022
Accession Number0001493152-22-014820
Total Amount Sold$760M
Total Investors12,503
Minimum Investment$0 (no stated minimum)
Securities TypeDebt, Pooled Investment Fund
State of IncorporationNot specified
Amendment Count5 amendments filed

Capital Raise Timeline

Chronological filing history from primary SEC Form D documents. Delta figures show change from previous filing.

Apr 2018D
Apr 2019D/A
$230M(+$230M)2,795 investors(+2795)
Apr 2020D/A
$422M(+$192M)4,935 investors(+2140)
Oct 2020D/A
$462M(+$40M)5,070 investors(+135)
May 2021D/A
$609M(+$147M)6,406 investors(+1336)
Oct 2021D
May 2022D/ALatest
$760M(+$760M)12,503 investors(+12503)

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 · New York, NY

Milind Mehere

Executive Officer · 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.