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EDGAR Verified
Primary Source · SEC.gov

YS LC DiverPSP XXVIII LLC

CIK 0001751038Single-Deal SPV2018 vintage506(c), 3(c)(1)
Willow WealthFull Review

Raised

$1M

Investors

17

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

YS LC DiverPSP XXVIII LLC is a pooled investment fund vehicle filed by YieldStreet Management LLC (executives Michael Weisz and Milind Mehere) that raised $1.2M from 17 investors under Rule 506(c) and 3(c)(1) exemptions. The filing shows no minimum investment requirement and no first sale date disclosed. This entity is part of the YieldStreet platform ecosystem, which operates numerous similarly-structured special purpose vehicles for private credit investments.

This private credit vehicle follows a typical SPV structure for fractional alternative investments, using the 506(c) general solicitation exemption combined with 3(c)(1) Investment Company Act exclusion. The $0 stated minimum and relatively small average check size (~$71K across 17 investors) suggests a retail-accessible model, consistent with platform-based alternative investment distribution.

Data Flags

minimumInvestment$0 minimum investment on a $1.2M raise with general solicitation (506c) suggests broad retail distribution model
salesCompensationNo sales commissions disclosed on a 506(c) offering that permits general solicitation
firstSaleDateFirst sale date not disclosed despite $1.2M already sold at time of filing
generalEntity name includes 'XXVIII' indicating this is the 28th vehicle in a numbered series, suggesting high-volume programmatic issuance

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001751038
Entity NameYS LC DiverPSP XXVIII LLC
Exemption506(c), 3(c)(1)
First Sale Date—
Filing DateAugust 24, 2018
Accession Number0001751038-18-000001
Total Amount Sold$1M
Total Investors17
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 · 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.