Cadre
American financial technology company
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2023 | Launched Cadre Direct Access Fund II, a value-add fund targeting $500 million to invest in opportunistic assets. |
2023 | Acquired by Yieldstreet, a global alternative investment platform. CEO Ryan Williams continues to lead Cadre as an independent subsidiary. |
2022 | Jared Kaplan hired as CEO, with founder Ryan Williams becoming Executive Chairman and Co-Chairman of Cadre's Global Investment Committee. |
2021 | Launches a $400 million 'Direct Access' fund targeting individual investors, with a commitment to invest at least 10% with minority-owned operators and hold 5% of cash in black-owned banks. |
2020 | Cadre hires Allen Smith, former CEO of Four Seasons Hotels and Resorts, as president. The company makes Juneteenth a company holiday and announces plans to increase support for equality and economic opportunity in diverse communities. Introduces the 'Cadre Cash' platform in October. |
2020 | Launched 'Direct Access' fund with a target raise of $400 million, aimed at including smaller investors. |
2019 | Featured as the cover story of the Forbes 'FinTech 50' issue. |
2018 | Announced a strategic partnership with Goldman Sachs, through which Goldman Sachs' private wealth clients committed at least $250 million to real estate investments via Cadre. |
2017 | Cadre is named to Inc.'s New York start-up to watch, Equities.com's Pioneer 250, and Fast Company's '5 FinTech startups to watch'. The company raises $65 million in a funding round led by Andreessen Horowitz. |
2016 | The firm raises an additional $50 million, with Michael Fascitelli joining Cadre's investment committee. |
2016 | Cadre was first named to Forbes' 'FinTech50' list, beginning a consecutive 7-year run of recognition. |
2015 | Cadre receives $18 million in fundraising from Thrive Capital and General Catalyst, along with a $250 million line of credit from the Soros family and a $250 million backstop liquidity commitment from an unnamed family office. |
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