Pretium Expands Real Estate Team with Addition of Josh Pristaw as Senior Managing Director and Co-Head of Real Estate

PRESS RELEASE

Pretium Expands Real Estate Team with Addition of Josh Pristaw as Senior Managing Director and Co-Head of Real Estate

Brings Diverse Experience and Perspective to Leading Real Estate Investment Platform

February 24, 2022

NEW YORK, Feb. 24, 2022 /PRNewswire/ — Pretium, a specialized investment firm with $40 billion in assets, today announced that Josh Pristaw has joined the firm as Senior Managing Director and as Co-Head of Real Estate. Mr. Pristaw joins Dana Hamilton, Pretium’s Co-Head of Real Estate, responsible for Pretium’s real estate platform, including investing in and managing rental homes. As Co-Head of Real Estate, Mr. Pristaw will work alongside Ms. Hamilton to oversee Pretium’s market-leading Progress Residential platform, which services more than 250,000 residents across approximately 80,000 homes. Progress Residential is a market leader in single-family rental management services, with people, technology, scale, and data-driven solutions that streamline operations, optimize asset performance, and provide an exceptional renting and living experience for residents.

Mr. Pristaw brings to Pretium more than two decades of direct real estate experience across acquisitions, asset management, portfolio development, and capital markets. In 2005, Mr. Pristaw co-founded GTIS Partners, a real assets investment firm, where he worked for 17 years and most recently served as a Partner, Co-Head of GTIS Brazil, Head of Capital Markets, and a member of the firm’s Investment Committee. Previously, he was a Principal and Co-Head of Acquisitions for Coventry Real Estate Advisors and was also a member of Coventry’s Investment Committee.

“Josh brings extensive and complementary experience to Pretium’s single-family-rental business,” said Don Mullen, Founder and CEO of Pretium. “We are confident now is the opportune time for Josh to join our rapidly expanding team as we continue to deploy private capital to contribute to solving our nation’s housing shortage. His keen understanding of the real estate ecosystem will help us continue to elevate the standard for professional ownership and management of affordable, single-family homes, including best-in-class service and support for our residents.”

“Pretium is a distinguished leader in today’s rental housing market with an unmatched reputation and legacy in residential housing and communities,” said Mr. Pristaw. “I look forward to the opportunity to partner with Don, Dana, and the Pretium and Progress teams to prioritize our residents, support our incredible teams on the ground across the country, and deliver the best possible resident experience for those who choose to rent.”

Mr. Pristaw previously served as Chairman of the Board of Directors of Brazil Hospitality Group, one of the largest owners and managers of hotels in Brazil, and on the Board of Directors of GTIS Brazil Logistics FII, an externally-managed real estate vehicle listed on the Bovespa in Brazil. He received a Bachelor of Arts in Government from Dartmouth College.

About Pretium

Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit. Pretium was founded in 2012 to capitalize on secular investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment managers. Pretium’s platform has approximately $40 billion of assets under management as of February 1, 2022 and employs approximately 3,000 people across 30 offices, including London and Dubai. Please visit www.pretium.com for additional information.

About Progress Residential

Progress Residential is a market leader in intelligent single-family rental management services, with people, technology, scale, and data-driven solutions that streamline operations, optimize asset performance, and provide an exceptional renting and living experience for our residents. Progress Residential’s approximately 2,500 employees currently manage approximately 80,000 homes across 30 markets. Progress Residential also offers third-party property management service for investors with mid-to-large single-family rental home portfolios and Built for Rent communities through its Progress Residential Management Services. For more information, please visit www.rentprogress.com.

Contacts

Jon Keehner / Lyle Weston / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
Media-SFR@pretium.com

CLOs: Success Drives Growth

INSIGHTS

CLOs: Success Drives Growth

February 16, 2022

Executive Summary

The strong growth of the CLO market over the past decade owed its success to numerous factors — the durability of term leverage structures, the up-in-quality bias of CLO loan portfolios, the demand for high-rated fixed income securities, and the growth of private credit markets have all played major roles. And perhaps most importantly, during a period where yields on public fixed income securities have fallen to unviable levels for many investors, CLO equity has continued to generate high annual cash flow (Exhibit 1).

Pretium Appoints Jocelyn Moore to Lead Corporate Affairs

PRESS RELEASE

Joins as Senior Managing Director with Over Two Decades of Corporate Advisory, Strategic Communications, and Public Policy Experience

February 03, 2022

NEW YORK, Feb. 3, 2022 /PRNewswire/ — Pretium, a specialized investment firm with approximately $40 billion in assets, today announced the appointment of Jocelyn Moore as a Senior Managing Director to lead corporate affairs. Ms. Moore will be a member of the firm’s Executive Committee.

Pretium Appoints Jocelyn Moore to Lead Corporate Affairs

Ms. Moore brings over two decades of corporate advisory, strategic communications, and public policy experience across multiple disciplines. Most recently, she served as Senior Advisor to the New Markets Support Company, a subsidiary of the Local Initiatives Support Corporation, and as a Venture Partner at OzoneX, an early-stage venture capital firm that funds mission-driven startups led by women and underrepresented founders. Previously, Ms. Moore was Executive Vice President of Communications and Public Affairs at the National Football League. As the NFL’s Chief Communications Officer, she was a member of the executive leadership team and oversaw corporate affairs at the 100-year-old professional sports league, including football communications, strategic communications, corporate communications, public policy and government affairs, and corporate social responsibility. Prior to the NFL, Ms. Moore was a Managing Director at The Glover Park Group (now Finsbury Glover Hering) and spent 15 years working in senior leadership roles in the United States Senate.

“Throughout her career, Jocelyn has been a force for positive change, partnering with stakeholders on both sides of issues to solve the biggest challenges facing our society,” said Don Mullen, Founder and CEO of Pretium. “We believe private capital is part of the solution to our nation’s housing shortage and Pretium stands at the forefront of bringing quality, professionally managed homes to our communities. Jocelyn will be deeply involved in our efforts to lead from the front, setting the standard for the professional single-family rental industry and providing an important option for households that choose to rent.”

“Access to quality, affordable housing is a key pillar of economic opportunity and income equality,” said Ms. Moore. “I am excited to join Pretium during this incredibly dynamic time as we lead the effort to deploy private capital for public good. Together, we will work to help solve one of society’s greatest challenges and drive positive community impact for individuals and families.”

Ms. Moore currently serves as an independent director on the boards of two publicly-traded technology companies, DraftKings and OppFi. In October 2021, she was appointed by the Biden Administration to serve on the board of the First Responder Network (FirstNet) Authority for public safety. Ms. Moore holds a Bachelor of Arts in English and a Master of Education, both from the University of Florida.

About Pretium

Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit. Pretium was founded in 2012 to capitalize on secular investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment managers. Pretium’s platform has approximately $40 billion of assets under management as of February 1, 2022 and employs approximately 3,000 people across 30 offices, including London and Dubai. Please visit www.pretium.com for additional information.

Contacts

Jon Keehner / Lyle Weston / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
Media-SFR@pretium.com

 

June 2022

Pretium’s State of ESG Report

Read here to learn more.