Athena Art Finance
Athena Art Finance acquired by YieldStreet
YieldStreet, the alternative investment platform for retail investors, has agreed to acquire Athena Art Finance from the Carlyle Group and its co-investors for $170M. “Athena is the leading provider of credit solutions for the global art market and has scaled the business with strong growth and asset performance. Art financing is an attractive asset class with typically low correlation to the stock market and low loan-to-values, providing what we believe is both an exciting and sound new investment option for our investor community of more than 100,000 members,” remarked Milind Mehere, Cofounder & CEO of YieldStreet.
Selected investors in the round: The Carlyle Group, Pictet Private Equity Investors S.A.
Founding year: 2015
Total funding raised: $280.0M
Time from founding to exit: 3.78 years
Full coverage: Athena Art Finance acquired by YieldStreet
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