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Yieldstreet Adds New Asset Class With Launch of The Aviation Fund


Press release content from Business Wire. The AP news staff was not involved in its creation.
Yieldstreet Adds New Asset Class With Launch of The Aviation Fund
February 18, 2021 GMT
NEW YORK (BUSINESS WIRE) Feb 18, 2021
Yieldstreet, the alternative investing platform helping retail investors build income-generating investment portfolios, today announced the launch of the Aviation Fund, which will seek to provide investors exposure to the potential global recovery in aviation.
The aviation industry has experienced substantial distress due to the unprecedented circumstances caused by the pandemic. The Aviation Fund’s primary strategy will be to place a portion of its commitments under the management of a leading aviation investment manager and/or in other similar aviation opportunities. ....

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Council closes out 2020 with year-end budget clean-up


Goshen City Hall
GOSHEN — Goshen City Council members closed out their final meeting of the year Tuesday with passage of an ordinance aimed at cleaning up the city’s 2020 budget.
According to Jeffery Weaver, deputy clerk-treasurer for the city, the approved ordinance was needed in order to allow his office to transfer money from budget lines with excess funding into budget lines that exceeded their original budget limits, all with the goal of ensuring that each line ends the year within budget as required by the state.
“These are just some budget cleanups on the 2020 budget that we try to address every year,” Weaver said of the need for the ordinance. “The state requires that everything be in four categories — personal services, supplies, services and charges and capital expenditures — and every category in every fund must be within budget. So, of course, within each of these categories we have account lines, and the way we make sure ....

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