Financial Independence and Early Retirement (FIRE) Community Gains Access to Private High Yield

June 20, 2019 | Digital Assets
https://dailyalts.com/wp-content/uploads/2019/06/55e2d2444951aa14ea898579ce203e7c1d22dfe05550714e7c2f7bd3_640.png

Blockchain Credit Partners (BCP) launch the first fund for the F.I.R.E. community

Those yearning for financial independence and early retirement will find BCP’s new fund launch interesting. The BCP Fund focuses on providing consistent high yield cash flow secured by US assets.

An interesting facet of the fund is that the first 10% of returns goes to the investor. Unlike other funds that managers make a return regardless, the BCP fund managers do not share in returns until investors receive a 10% return.

This is somewhat like the new “first-loss” hedge funds where the fund manager has her own assets pooled in the fund, and will bear the losses up to a point.

Secured high yield accessible to all

Financial independence at an early age is only possible if the investor earns  consistent high yield passive income over a prolonged period of time – something which is possible through private credit lending.

“The problem has been these private credit funds have previously been reserved almost exclusively for ultra-high net worth private banking clients or hedge fund investors with $1 Million or more minimums and 7 year lock up periods,” says BCP Managing Partner Gregory Keough. “BCP is pioneering the re-imagination of the fund industry and looks to change this by launching a fund that provides secured high yield but is accessible to all.”

Blockchain trading coming

The Fund will use the blockchain for the issuance and management of the fund. It has picked the Securitize platform for this purpose. Investors will therefore have the ability to earn high yield returns as well as hold a tokenized asset that is tradable.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2021/12/60148621_1291834164298938_7384402834688573440_n.jpg
FinTech: LatAm BNPL Provider Kueski Nabs $202M Series C Round
December 3, 2021     FinTech, News, Venture Capital

Kueski is one of the largest buy-now-pay-later (BNPL) and digital lenders in Latin America. It announced December 2 its close of a $202 million Series C debt and equity round….

https://dailyalts.com/wp-content/uploads/2021/12/bitcoin-gd3611bef8_640.jpg
Digital Assets: Renowned Investor Charlie Munger Sides With China On Its Crypto Ban
December 3, 2021     Digital Assets, News

Charlie Munger has shot off another broadside against bitcoin, endorsing China’s action in banning cryptos. A long-standing bitcoin skeptic, Munger was speaking in an interview for the Sohn Hearts &…

https://dailyalts.com/wp-content/uploads/2021/12/rider-img.jpg
Venture Capital: 15-Minute Delivery Startup JOKR Raises $260M Series B
December 3, 2021     News, Venture Capital

New York-based instant grocery delivery startup JOKR has become a unicorn within nine months of its launch and raised a $260 million Series B within five months of raising $170…

https://dailyalts.com/wp-content/uploads/2021/12/img-scaled.jpeg
Venture Capital: Porsche Buys A Stake In Sustainable Homes-Focused Startup 1KOMMA5°

Porsche, the German car maker, has taken a stake in Hamburg-based startup 1KOMMA5° through its venture finance arm, Porsche Ventures. The startup seeks to boost the rollout of presently decentralized…