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Octane and Yieldstreet a leading private market investing platform, this week announced the completion of an agreement to sell $280m of fixed-rate installment powersports whole loans issued through Octane's in-house lender, Roadrunner Financial to Yieldstreet in two separate transactions. Octane's capital markets strategy includes committed warehouse facilities and more than $3b of asset-backed securitizations to date.
"We are thrilled to partner with Octane on this milestone transaction – their first major private whole loan sale," said Ted Yarbrough, Yieldstreet Chief Investment Officer. "Opportunities like this further validate our strategy of working closely with high-quality originators to source attractive loan assets that meet our strict investment criteria. We look forward to pursuing similar collaborative investments with Octane in the future and bringing these offerings to investors on Yieldstreet."
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