Pretium Expands Global Business Development Capabilities and Commitment to Asia and Australia with New Managing Directors

PRESS RELEASE

Pretium Expands Global Business Development Capabilities and Commitment to Asia and Australia with New Managing Directors

August 29, 2022

Jayme Han and Craig Matthew Join as Managing Directors; Bringing Decades of Collective Leadership, Investment, and Investor Relations Experience Across Europe, Asia, and Australia

Strengthens On-the-Ground Connection with Clients and Partners in Key Geographies

NEW YORK – August 29, 2022 – Pretium Partners, a specialized investment firm with approximately $50 billion in assets under management, today announced an expansion of its business development capabilities and commitment to Asia and Australia with two senior hires. Jayme Han, based in Seoul, Korea, and Craig Matthew, based in Sydney, Australia, join Pretium as Managing Directors for Asia and the Australia & New Zealand region, respectively. With these hires, Pretium is establishing its first offices in Asia and Australia to further the goal of becoming a partner of choice for investors worldwide.

This expansion demonstrates the firm’s ongoing commitment to ensuring clients and partners can benefit from an established presence and local perspective that allows Pretium to provide more personalized, on-the-ground support in dynamic markets. Ms. Han and Mr. Matthew bring unique market perspectives and decades of leadership and client relationship experience across London, New York, Seoul, Singapore, and Sydney, and will work closely with existing clients and consultants, new clients, and institutional and wealth management entities in their respective regions.

“As Pretium continues to expand our client base globally and deploy growing capital across our real estate and credit strategies, Asia and Australia represent important strategic markets and opportunities for growth,” said Don Mullen, Founder and CEO of Pretium. “Jayme and Craig bring deep expertise and local connection within the Asian and Australian markets to support our investors where they are. Following our recent expansion into the Middle East, we are pleased to continue to grow our team with such talented and respected individuals to work with clients internationally.”

Ms. Han has held several prominent leadership roles over the last 20 years within the global private capital industry in London, Seoul, and Singapore, in which she has been responsible for, among other things, fund distribution and execution of investments across the region. She most recently served as an Executive Director, Corporate Finance for Jones Lang Lasalle. Prior, she was the Head of Alternatives at Tongyang Life Insurance, Korea’s fifth largest life insurer, and, earlier in her career, Ms. Han was hired as one of the founding members of the alternatives business – and its first dedicated real assets specialist – for the National Pension Service. Ms. Han holds a Bachelor of Science in Design from the University of California at Davis.

“Pretium has an incredible team, and I am excited to join at a time of growth as we seek to expand our footprint internationally and throughout Asia,” said Ms. Han. “Having supported GPs and led teams across all aspects of capital raising, deployment, and asset management, I look forward to working with Pretium’s clients throughout Asia and around the world.”

Mr. Matthew brings nearly three decades of business development and investor relations experience, supporting and expanding client offerings for limited partners including high-net worth individuals and sophisticated institutional investors such as endowments, sovereign wealth funds, superannuation funds, and family offices. He joins Pretium from Asia Principal Capital and Morpheus Ventures, where he served as Director in the private market investor relations group. Before joining Asia Principal Capital, he was a Director of Institutional Relationships at Capital Group Companies, where he played an active role in establishing its first office in Sydney, Australia. Prior to that, he served in a variety of business development roles of increasing responsibility in New York and Sydney at global asset manager Alliance Bernstein. Mr. Matthew is an accredited superannuation trustee director and has spent the past decade as an active organizer of the Association of Superannuation Funds of Australia’s Annual Conference. He holds a Bachelor of Science in Business Administration from Bucknell University.

“Joining an innovative, forward-thinking global investment platform like Pretium is an incredible opportunity,” said Mr. Matthew. “With an existing network of leading investors and partners in Australia and New Zealand and an unmatched investment track record, I am confident that we are positioned to continue growing the firm’s client base and presence throughout the region.”

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 $50 billion of assets and employs more than 4,000 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

Lauren Cipicchio Joins Pretium to Lead Central Quantitative Strategies

PRESS RELEASE

Lauren Cipicchio Joins Pretium to Lead Central Quantitative Strategies

August 8, 2022

Hiring Enhances Pretium’s Investment and Asset Management Capabilities

Through Transformation of Investment Data and Analytics Models

NEW YORK – August [8], 2022 – Pretium, a specialized investment firm with approximately $50 billion in assets under management, today announced the addition of Lauren Cipicchio as Senior Managing Director and Head of Central Quantitative Strategies, effective immediately. In this role, Ms. Cipicchio will lead the teams focused on designing, developing, and enhancing the analytics and models used to make investment and operating decisions to advance Pretium’s investment strategies. She will be a member of the firm’s Executive Committee.

Ms. Cipicchio brings more than a decade of experience in portfolio construction and investment analytics, enabling and enhancing alpha-generating ideas and strategic asset investments. She joins Pretium from CPP Investments, where she most recently served on The Global Leadership Team as Managing Director, Head of Data and Advanced Analytics. Before that, Ms. Cipicchio spent 10 years at Bridgewater Associates, where she was most recently Head of Investment Engineering.

“Lauren has a proven track record of driving efficiency for investment funds through massive analytical ecosystem shifts, and I am confident that she will make significant contributions to Pretium and our asset investment strategy,” said Don Mullen, Founder and CEO of Pretium. “In this new era of technological innovation, the addition of unique and advanced modeling platforms will serve as a competitive differentiator for Pretium and drive value across our ecosystem.”

“Joining the Pretium team and adding to its unparalleled level of expertise at a time of tremendous growth is an incredible opportunity,” said Ms. Cipicchio. “I look forward to contributing to the efforts already underway to expand and enhance the firm’s investment offerings.”

Ms. Cipicchio co-founded Bridgewater’s Women’s Network and served as a founding member of the firm’s Diversity Council. Ms. Cipicchio holds a Master’s from the Gallatin School of Individualized Study at New York University and a Bachelor of Science in Mathematics with Computer Science from the Massachusetts Institute of Technology.

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 $50 billion of assets and employs more than 4,000 people across 30 offices, including London and Dubai. 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

Onyx+East and Pretium Start Construction of Second Build-to-Rent Community

PRESS RELEASE

Onyx+East and Pretium Start Construction of Second Build-to-Rent Community

August 3, 2022

Marea Will be a 144-Home Community in Noblesville, Indiana

Extension of Joint Venture's $600 Million Commitment to Broadening Access to Single-Family Lifestyle

INDIANAPOLIS and NEW YORK, Aug. 3, 2022 /PRNewswire/ — Onyx+East, an award-winning homebuilder headquartered in Indianapolis and known for its modern and functional home designs, and Pretium, a specialized investment firm with approximately $50 billion in assets, today announced the start of construction of Marea, the second build-to-rent (“BTR”) community under development through their previously announced joint venture. As part of the joint venture, Onyx+East and Pretium are committed to investing approximately $600 million to develop, build, and operate new single-family, BTR communities across key Midwestern markets and along Florida’s West Coast.

Marea will be a 144-home community in Noblesville, Indiana, a growing and prosperous city located northeast of Indianapolis. The community will include a mix of 3- and 4-bedroom homes with attached 2-car garages to provide residents the space and convenience of single-family living. Residents will be within a 10-minute drive of a variety of local service and retail businesses, including more than 20 restaurants and eateries and Hamilton Town Center by Simon Malls, located 1.6 miles southeast of the project.

“We are thrilled to build on our partnership with Pretium and Marea will bring ease, convenience, and comfort to hundreds of residents,” said Kelli Lawrence, CEO of Onyx+East. “Noblesville is an exciting, growing community with ample access to high-quality schools and amenities and Marea homes will benefit from our signature open-concept floorplans. I am confident our experience in creating modern, livable homes combined with Pretium’s resources and operational expertise will ensure residents have the opportunity to experience the benefits of the single-family lifestyle.”

“Demand for high-quality single-family housing continues to grow across the country, and Pretium’s partnership with Onyx+East is at the center of increasing supply of modern, quality homes for our residents,” said Matt Johnston, Managing Director and Head of Build-to-Rent at Pretium. “Alongside Onyx+East, we are committed to building, renting and operating communities in great locations and with outstanding amenities just like Marea. As we continue to invest in communities throughout the United States, we continue to bring private capital to bear to increase housing choice while playing our part to solve our nation’s housing shortage.”

First homes for Marea are expected to be available to rent in Q3 2023.

About Onyx+East

Onyx+East is a full-service homebuilder executing development, construction, marketing, design, and sales with four offices in the Midwest and Florida. Founded in 2015 to deliver homes in the most desirable locations with an exceptional customer experience, Onyx+East creates places designed for modern living that are connected within growing cities and suburbs. Through creativity, innovation, and sustainability, Onyx+East creates communities that are changing the way people live, work and “do life.” For more information, visit onyxandeast.com/build-to-rent/.

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 $50 billion of assets and employs approximately 4,000 people across 30 offices, including London and Dubai. Please visit www.pretium.com for additional information.

Contacts

Onyx+East

Eva Gribler
317-409-6572
Media@onyxandeast.com

Pretium

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

Pretium’s Jocelyn Moore Named Among Savoy Magazine’s 2022 Most Influential Black Executives in Corporate America

PRESS RELEASE

Pretium’s Jocelyn Moore Named Among Savoy Magazine’s 2022 Most Influential Black Executives in Corporate America

July 19, 2022

Moore is Recognized for Industry-Leading Corporate Affairs and Strategy Expertise

NEW YORK – July 19, 2022 – Jocelyn Moore, Pretium’s Senior Managing Director, Corporate Affairs, has been named as one of Savoy magazine’s 2022 Most Influential Black Executives in Corporate America. This defining listing honors top African American executives, influencers, and achievers making a positive impact in corporate America and demonstrating leadership and influence within the community.

Moore joined Pretium in February 2022 to lead corporate affairs for the $45 billion specialized investment firm that is an innovator in single-family rentals, residential credit, and corporate and structured credit. She is a member of the firm’s Executive Committee.

“Savoy’s recognition of Jocelyn is well-deserved. In a few short months, Jocelyn’s leadership is already driving significant positive impact across our ecosystem, to the benefit of our stakeholders, including the communities we serve,” said Don Mullen, Founder and CEO of Pretium.“ I look forward to continuing to work closely with Jocelyn, whose steady hand and unwavering commitment are helping to advance Pretium’s vision, mission, and strategy as we embark on our next phase of growth.”

“It is a source of great pride and honor to be named one of Savoy magazine’s 2022 Most Influential Black Executives in Corporate America alongside so many trailblazing and accomplished leaders who I look up to,” said Ms. Moore. “The opportunities afforded us today are because of the excellence and advocacy of the intrepid Black leaders in corporate America who have gone before us, many doing so without acknowledgement or accolade. I pay homage to them with this distinguished recognition.”

With more than 20 years of experience working across multiple disciplines, Moore is a trusted advisor to CEOs, executive teams, and boards of directors on strategic communications, crisis and risk management, corporate social responsibility, operations, regulatory affairs, organizational change, as well as diversity, equity, inclusion, and belonging. She currently serves as an independent director on the boards of two publicly traded technology companies, DraftKings (NASDAQ: DKNG) and OppFi (NYSE: OPFI), and one private technology company, Omaze, Inc. Moore is also a board member of Pallas Advisors, a strategic advisory firm specializing in national security, defense, and innovation.

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 over $45 billion of assets and employs approximately 4,000 people across 30 offices, including London and Dubai. Please visit www.pretium.com for additional information.

About Savoy

Savoy magazine is a national publication covering the power, substance and style of African American lifestyle. From entertainment to sports, business to politics, design to style, Savoy is a cultural catalyst for the African American community that showcases and drives positive dialogue on and about Black culture. Savoy is published quarterly and distributed via subscriptions and newsstands worldwide.

Pretium Media Contact:

APCO Worldwide

Pretium Adds Ramki Ramaswamy as Chief Digital and Technology Officer

PRESS RELEASE

Pretium Adds Ramki Ramaswamy as Chief Digital and Technology Officer

July 18, 2022

Senior Executive Will Drive Innovation and Growth Through Firm's Unified Technology Platform

NEW YORK, July 18, 2022 /PRNewswire/ — Pretium, a specialized investment firm with over $45 billion in assets under management, today announced the appointment of Ramki Ramaswamy as Chief Digital and Technology Officer, effective immediately. In this role, Mr. Ramaswamy will leverage technology across Pretium’s operating and portfolio companies to maintain the firm’s industry-leading competitive advantage and to drive additional business value as Pretium scales. He will be a member of the firm’s Executive Committee.

Mr. Ramaswamy brings more than two decades of experience overseeing the development and implementation of information technology and broader digital strategies across complex, high-growth businesses. He joins Pretium from Boeing, where he most recently served as the Chief Information Officer of Boeing Commercial Airplanes. In this role, he was responsible for overseeing all digital strategy, developing innovative technological solutions and modernizing systems. Prior to Boeing, Mr. Ramaswamy was the Vice President of IT, Technology and Integrations for JetBlue, where he led the technological development across cloud, big data, artificial intelligence and agile solutions to build revenue and increase customer satisfaction.

“Pretium is entering a new era of technological innovation. As we continue to deploy a growing base of capital across Pretium’s complementary investment strategies, technology and the scalability of our platforms will play a critical role in our ongoing success, including our ability to consistently deliver value to our stakeholders,” said Don Mullen, Founder and CEO of Pretium. “Ramki has a proven track record of leading high-performing teams and delivering innovative digital solutions for multifaceted, high-growth businesses. I am thrilled to welcome him to the team to build Pretium’s technology roadmap for the future.”

“I am honored to join Pretium and work alongside a team so clearly focused on their mission,” said Mr. Ramaswamy. “Throughout my career, I have seen the importance of unified technologies, systems and operations as companies grow. I am looking forward to contributing across the Pretium ecosystem.”

Earlier in his career, Mr. Ramaswamy held various application development and software delivery roles at JD Power, Citigroup’s Global Wealth Management business and Standard & Poor’s Equity Research division. Mr. Ramaswamy holds a Bachelor of Technology from the Indian Institute of Technology.

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 over $45 billion of assets and employs approximately 4,000 people across 30 offices, including London and Dubai. 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

Crescent Communities and Pretium Announce Second HARMON Build-to-Rent Community in Growing Charlotte Market

PRESS RELEASE

Crescent Communities and Pretium Announce Second HARMON Build-to-Rent Community in Growing Charlotte Market

May 25, 2022

HARMON Five Points Offers New Approach to Single-Family Living in Historic Charlotte Neighborhood

Fourth BTR Community Under Development as Part of Joint Venture

CHARLOTTE, N.C. and NEW YORK, May 25, 2022 /PRNewswire/ — Crescent Communities and Pretium today announced the closing of land for the development of HARMON Five Points, the fourth build-to-rent (BTR) community under development, and second community in Charlotte, as part of their previously announced joint venture and commitment to invest $1 billion in new single-family build-to-rent communities across 14 key strategic growth markets. Construction for HARMON Five Points is expected to commence in June 2022 with first units slated to be delivered in early 2023.

“We are thrilled to announce our fourth development in partnership with Pretium and our second build-to-rent community in the Charlotte market,” said Tony Chen, Managing Director of Single-Family Build-to-Rent at Crescent Communities. “HARMON Five Points will offer new construction housing supply to the Historic West End neighborhood, and as a result, will provide housing options in an infill setting to accommodate the migration and population growth that Charlotte has experienced over the past several years. This community highlights our commitment to growing strategically in Charlotte, and we look forward to sharing more updates soon.”

HARMON Five Points will be a 76-home BTR community, offering residents the option to rent three-bedroom townhomes with outdoor balconies, private garages, and driveways. Residents will have access to dedicated communal spaces such as a fire pit with outdoor lounge seating and a lawn area for gatherings and pets. The community is adjacent to Five Points Park, located two miles from Uptown, and is walking distance from the Gold Line Streetcar and Stewart Creek Greenway.

“In partnership with Crescent, we have already acquired land and are developing four BTR communities in the southern United States, including 323 homes, since forming our joint venture in September,” said Matt Johnston, Managing Director and Head of Build-to-Rent at Pretium. “Crescent Communities shares our commitment to having a long-term, positive impact on our communities by developing new, quality, healthy homes for residents. By continuing to invest in desirable communities like HARMON Five Points, we are offering residents the choice to rent high-quality, single-family homes while increasing the supply of move-in ready homes across the country.”

HARMON Five Points will be located at 360 Seldon Drive, Charlotte, NC and will be built by DRB Group. Additional partners include lender Atlantic Union Bank, landscape architect LandDesign and architectural review by 505Design. Progress Residential, Pretium’s leading single-family rental management services platform, will provide leasing and property management services.

Additional details surrounding HARMON Five Points will be announced at a later date. A rendering is available here. Forthcoming imagery and logos are available upon request.

About Crescent Communities

Crescent Communities is a nationally recognized, market-leading real estate investor, developer and operator of mixed-use communities. We create high-quality, differentiated residential and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 77 multifamily communities, 24 million square feet of commercial space and 60 single family master-planned communities. Crescent Communities has offices in Charlotte, DC, AtlantaOrlandoNashvilleDallasDenverPhoenix and Salt Lake City. Our residential communities are branded NOVEL, RENDER and HARMON by Crescent Communities and our industrial developments are branded AXIAL by Crescent Communities.

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 more than $40 billion of assets and employs approximately 4,000 people across 30 offices, including London and Dubai. Please visit www.pretium.com for additional information.

Contacts

Crescent Communities Media

Lauren Alligood
205-383-8450
lauren@sprouthouseagency.com

Pretium Media

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

Adolfo Villagómez, Ejecutivo de Transformación Digital, se une a Progress Residencial como CEO

PRESS RELEASE

Adolfo Villagómez, Ejecutivo de Transformación Digital, se une a Progress Residencial como CEO

May 17, 2022

Ex ejecutivo de Home Depot dirigirá la próxima fase de crecimiento de la Plataforma Pretium

SCOTTSDALE, Ariz. – 17 de mayo de 2022 – Progress Residential, la plataforma líder de servicios de administración de arrendamientos para viviendas unifamiliares, anunció hoy que ha designado a Adolfo Villagómez como Director Ejecutivo (CEO), quien asumirá el cargo el 23 de mayo de 2022.

El Sr. Villagómez tiene más de veinte años de experiencia dirigiendo empresas orientadas al consumidor y generando crecimiento en mercados digitales y tradicionales. Más recientemente, el Sr. Villagómez ocupó el cargo de Presidente de homedepot.com y Director de Marketing para The Home Depot en Estados Unidos. Durante la pandemia, la estrategia comercial del Sr. Villagomez generó crecimiento que duplicó las ventas e ingresos para la empresa en su negocios digitales. Antes de su paso por The Home Depot, el Sr. Villagómez fue socio en McKinsey and Company, a cargo del área de Marketing y Ventas en Norteamérica.

“La posición de liderazgo de Pretium nos permite atraer talento extraordinario como Adolfo”, expresó Don Mullen, CEO de Pretium y fundador de Progress Residential. “En esta próxima etapa de innovación de Progress Residential, me complace dar la bienvenida a Adolfo como CEO.”

“La estrategia comercial de Adolfo, con un enfoque en los datos y la tecnología, así como sus conocimientos en materia de productos y cadena de suministro, acelerarán el liderazgo de Progress Residential en las áreas de adopción de hogares inteligentes, el movimiento a cero emisiones netas, y la transformación digital general del sector de bienes raíces”, añadió el Sr. Mullen.

“Hoy, como nunca antes, las empresas tienen la oportunidad de aprovechar la tecnología de formas que mejoren significativamente la experiencia del cliente, y al tiempo empujar su crecimiento”, expresó el Sr. Villagómez. “Progress Residential es un precursor sin igual en la industria de arrendamiento de viviendas unifamiliares y espero con ansias unirme a este equipo de enorme talento para generar soluciones de base tecnológica y escalables que mejoren aún más la experiencia de arrendamiento de nuestros residentes”.

El Sr. Villagómez comenzó su carrera en DuPont, en la unidad de negocio de Fluoroproductos. Tiene una maestría en Administración de Empresas de Yale School of Management y un bachillerato en Ingeniería Química de la Universidad Nacional Autónoma de México.

Acerca de Progress Residential

Progress Residential, la plataforma de arrendamiento para viviendas unifamiliares de Pretium, es líder de mercado en servicios inteligentes de administración de arrendamientos para viviendas unifamiliares, con personal, tecnología, escala y soluciones basadas en datos que agilizan las operaciones, optimizan el rendimiento de los activos y ofrecen una experiencia excepcional de arrendamiento y de vida para nuestros residentes. La plantilla de aproximadamente 2500 empleados de Progress Residential administra actualmente más de 80.000 viviendas en 30 mercados. Progress Residential ofrece también servicio externos de administración de inmuebles para inversores con carteras medianas a grandes de viviendas unifamiliares en arrendamiento y comunidades de construcciones para arrendamiento a través de los servicios de administración de Progress Residential. Don Mullen fundó Progress Residential en 2012. Para obtener más información, puede visitar www.rentprogress.com.

Acerca de Pretium

Pretium es una firma de inversión especializada dedicada al mercado de inmuebles residenciales de Estados Unidos, crédito residencial y crédito corporativo. Pretium fue fundada en 2012 para aprovechar la inversión a largo plazo y las oportunidades de préstamo que surgían de cambios estructurales, alteraciones en el mercado e ineficiencias dentro de la economía. Pretium ha forjado un ecosistema operativo y analítico integrado en los mercados de viviendas, crédito residencial y crédito corporativo de Estados Unidos, y está convencida de que su conocimiento y experiencia en estos mercados constituyen una ventaja estratégica respecto de otros gestores de inversión. La plataforma de Pretium gestiona activos por más de $40.000 millones y emplea aproximadamente 4.000 personas en 30 oficinas, incluidas las de Londres y Dubai. Para obtener más información, visite www.pretium.com.

Contacto con los medios:

Nikki Sloup
Vicepresidente de Comunicaciones y Relaciones Públicas
press@progressresidential.com

Jon Keehner / Kate Thompson / Lyle Weston
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

Digital Transformation Executive Adolfo Villagomez Joins Progress Residential as CEO

PRESS RELEASE

Digital Transformation Executive Adolfo Villagomez Joins Progress Residential as CEO

May 17, 2022

Former Home Depot Executive to Lead Pretium Platform’s Next Phase of Growth

SCOTTSDALE, Ariz. – May 17, 2022 – Progress Residential, the leading single-family rental management services platform, today announced that it has named Adolfo Villagomez as Chief Executive Officer, effective May 23, 2022.

Mr. Villagomez brings more than two decades of experience leading consumer-facing businesses and delivering profitable growth in digital and traditional domains. Most recently, Mr. Villagomez served as President of homedepot.com and Chief Marketing Officer for U.S. Retail at The Home Depot. During the pandemic, Mr. Villagomez’s customer-focused business strategy led to double-digit growth in sales and revenue for the home retailer. Prior to joining The Home Depot, Mr. Villagomez was a partner at McKinsey and Company, where he led its North America Marketing and Sales Practice.

“Pretium’s leadership position enables us to attract phenomenal talent like Adolfo,” said Don Mullen, CEO of Pretium and Founder of Progress Residential. “As Progress Residential enters its next phase of innovation, I am thrilled to welcome Adolfo as CEO.”

“Adolfo’s data-driven approach to business strategy, combined with his supply chain and product expertise, will accelerate Progress Residential’s leadership in smart home adoption, movement to net zero, and the overall digital transformation of real estate,” continued Mr. Mullen.

“Now, more than ever, companies have the opportunity to leverage technology in ways that significantly improve the customer experience while also driving growth,” said Mr. Villagomez. “Progress Residential is an unmatched pioneer in the single-family rental industry, and I look forward to joining this exceptionally talented team as we deliver technology-enabled, scalable solutions that make the rental experience for our residents even better.”

Mr. Villagomez began his career at DuPont, in its Teflon and Fluoroproducts businesses. He holds a master’s degree in Business Administration from the Yale School of Management, and a bachelor’s degree in Chemical Engineering from the Universidad Nacional Autónoma de México (National Autonomous University of Mexico).

About Progress Residential

Progress Residential, Pretium’s single-family rental platform, 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 more than 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. Progress Residential was founded by Don Mullen in 2012. For more information, please visit www.rentprogress.com.

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 more than $40 billion of assets and employs approximately 4,000 people across 30 offices, including London and Dubai. Please visit www.pretium.com for additional information.

Media Contact:

Nikki Sloup
Vice President Communications and PR
press@progressresidential.com

Jon Keehner / Kate Thompson / Lyle Weston
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

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

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.