Yellowstone announces close of US$95m of funding

Yellowstone Capital Partners (“Yellowstone”) today published a statement announcing the close of US$95 million in capital for its third fund (“Fund III”) which prioritizes credit opportunities in the United States housing market.

With the first close, Yellowstone brings together a uniquely diverse investment platform and a global investor base aligned on the pursuit of real estate investments with positive social, environmental, and financial returns.

“Fund III represents an important step for the growth of Yellowstone’s impact investment platform. We’ve drawn from our insights investing in approximately 53,000 units of affordable housing throughout Colombia and Panama, across multiple socio-economic cycles, to develop our playbook for the U.S. markets,” explains Co-Founder and CIO, Juan Carlos Moreno.

The firm also made a key co-investment in the Fund and put together a United States-headquartered team with broad experience and deep networks across real estate development, banking, and financial technology.

Yellowstone’s credit platform was founded in early 2020 by Managing Partner, Paul Stockamore, and has its headquarters in San Francisco, California.