Pretium Expands Real Estate Team with Addition of Melanie Gersper as Managing Director, Asset Management

PRESS RELEASE

Pretium Expands Real Estate Team with Addition of Melanie Gersper as Managing Director, Asset Management

March 20, 2023

Newly Created Role Enhances Enterprise Collaboration and Boosts Operational Efficiency

NEW YORK – March 20, 2023 – Pretium, a specialized investment firm with more than $50 billion in assets under management, today announced that Melanie Gersper has joined the firm as Managing Director, Asset Management. In this role, Ms. Gersper will lead the asset management of Pretium’s equity real estate portfolio across the United States, including more than 90,000 single-family residential homes managed by Progress Residential as well as Pretium’s build-to-rent platform.

Ms. Gersper brings a proven track record and more than 25 years of experience managing large residential real estate portfolios, including multi-family rentals, and has been responsible for operating stabilized assets and overseeing complex development projects across multiple geographies. Most recently, she served as ACRE’s Chief Operating Officer since 2015, where she was responsible for the oversight of property management and asset management. She also had a meaningful role in acquisitions and dispositions. Prior to joining ACRE, Ms. Gersper held senior leadership roles at residential companies including Chief Operating Officer at CF Lane, Senior Vice President of Operations at Bell Partners, President of Operations for Cortland Partners, and Regional Vice President of Lane Company.

“Melanie’s success driving operational performance across a variety of residential real estate portfolios will be invaluable as we continue to scale and optimize our business,” said Josh Pristaw, Senior Managing Director and Head of Real Estate. “We are confident she will have an immediate impact at both the individual asset and broader portfolio level, and I look forward to working with her during our next phase of growth.”

“Pretium has built the leading and most innovative single-family rental platform in the United States, and I am proud to join such an incredible team,” said Ms. Gersper. “As Pretium continues to grow, I look forward to leveraging my real estate operating experience to deliver even greater value for our stakeholders.”

Ms. Gersper earned a Bachelor of Science in Business Administration from Bowling Green State University.

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 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 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 30 offices, including its New York headquarters, Dubai, London, Seoul and Sydney. Please visit www.pretium.com for additional information.

Contacts

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

Julie Harbert Joins Pretium as Senior Managing Director and President of Pretium Enterprise Services

PRESS RELEASE

Julie Harbert Joins Pretium as Senior Managing Director and President of Pretium Enterprise Services

March 13, 2023

Newly Created Role Enhances Enterprise Collaboration and Boosts Operational Efficiency

NEW YORK – March 13, 2023 – Pretium, a specialized investment firm with more than $50 billion in assets under management, today announced that Julie Harbert has joined the firm as Senior Managing Director and President of Pretium Enterprise Services. In this newly created role, Ms. Harbert will be responsible for building and leading the firm’s shared service solutions, including through enhanced technology, services, and processes that create scale and deliver long-term value for stakeholders. She will be a member of the firm’s Executive Committee.

Ms. Harbert brings more than 25 years of experience in business operations. Most recently, she served as Entergy’s Senior Vice President and Chief Administrative Officer, where she was responsible for building high-performing teams enterprise-wide. Prior to joining Entergy, Ms. Harbert was Senior Vice President and Group Head of Global Business Services at Philips. Ms. Harbert began her career at IBM, where she built a strong record of execution in numerous roles, including as Vice President and Chief Operating Officer of Global Process Services.

“Julie has an impressive track record of successfully leading continuous improvement for large, complex organizations,” said Chris Weidler, Chief Financial Officer of Pretium. “We are excited to welcome her to Pretium and look forward to optimizing our solutions, services, and processes enterprise-wide under her leadership.”

“I am honored to join Pretium at a time of significant growth and innovation,” said Ms. Harbert. “I look forward to building on the strong foundation already in place at Pretium and working collaboratively across the ecosystem to deliver premium shared services that generate long-term value for our stakeholders.”

Ms. Harbert currently serves on the board of directors for the Louisiana Children’s Museum and Shared Services Network (SSON) Europe. She holds a Master of Business Administration degree with a focus on International Finance and Economics from the Fuqua School of Business at Duke University, and a Bachelor of Science in Accounting from West Virginia University.

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 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 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 30 offices, including its New York headquarters, Dubai, London, Seoul and Sydney. Please visit www.pretium.com for additional information.

Contacts

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

Pretium Announces New Partnership With iCapital®

PRESS RELEASE

Pretium Announces New Partnership With iCapital®

March 8, 2023

Custom Technology and Distribution Agreement Is First of its Kind for Pretium

NEW YORK – March 8, 2023 – Pretium, a specialized investment firm with over $50 billion in assets under management, and iCapital1, the global fintech platform driving access to alternative investments for the wealth management industry, today announced a custom technology and distribution agreement.

“We’re excited about our new partnership with iCapital and the range of tech-enabled solutions it will unlock for our private wealth investors and their advisors now and into the future,” said Don Mullen, Founder and CEO of Pretium.

Since its founding in 2013, iCapital’s end-to-end digital platform has efficiently improved the client experience through automated subscriptions, investment process transparency, and the seamless integration of alternative investment performance and reporting.

“We are thrilled to partner with Pretium to support their priority of providing institutional-style access of alternatives to advisors and their clients,” said Lawrence Calcano, Chairman and CEO of iCapital.

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 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 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 30 offices, including its New York headquarters, Dubai, London, Seoul and Sydney. Please visit www.pretium.com for additional information.

This material is provided for informational purposes only and is not intended as, and may not be relied on in any manner as legal, tax or investment advice, a recommendation, or as an offer to sell, a solicitation of an offer to purchase or a recommendation of any interest in any fund or security offered by Institutional Capital Network, Inc. or its affiliates (together “iCapital”). Alternative investments are complex, speculative investment vehicles and are not suitable for all investors. This material does not intend to address the financial objectives, situation or specific needs of any individual investor. The information contained herein is subject to change and is also incomplete. This industry information and its importance is an opinion only and should not be relied upon as the only important information available. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed, and iCapital assumes no liability for the information provided.

This material is confidential, is the property of iCapital and may not be shared without the written permission of iCapital. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of iCapital.

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Securities and services may be offered through iCapital Securities, LLC, Axio Financial LLC, and/or SIMON Markets LLC, each of which is a registered broker/dealer, member FINRA and SIPC, and subsidiary of Institutional Capital Network, Inc. (“iCapital”). iCapital Advisors, LLC, a subsidiary of iCapital, is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). These registrations and memberships in no way imply that the SEC, FINRA or SIPC have endorsed the entities, products or services discussed herein. iCapital and iCapital Network are registered trademarks of Institutional Capital Network, Inc. Additional information is available upon request.

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June 2022

Pretium’s State of ESG Report

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