Pretium and Hunter Point Capital Announce Strategic Partnership
Summary
NEW YORK February 27, 2024 Pretium, a specialized investment firm with more than $50 billion in assets under management, today announced a strategic partnership with Hunter Point Capital (HPC). This partnership, which includes a minority investment from HPC, aims to support the long-term growth of Pretiums existing strategies residential real estate and corporate and structured credit and enable the firm to expand into adjacent areas to create additional value for its clients, residents, and employees.Since its founding in 2012, Pretium has built one of the most comprehensive residential and credit ecosystems in asset management. Under Dons leadership and with the recent addition of Jon Pruzan as President, Pretium is at an exciting inflection point.During a time of significant growth and consolidation in the alternative asset management industry, HPCs investment advances many of our top growth initiatives and strengthens our ability to capitalize on the compelling opportunities we see in the residential and credit markets, said Jonathan Pruzan, President of Pretium. Pretium was founded in 2012 to capitalize on investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretiums platform has more than $50 billion of assets, comprising real estate investments across 30 markets in the U.S., and employs more than 4,000 people across 50 offices, including its New York headquarters, Miami, Dubai, London, Seoul, and Sydney.