Pretium
Pretium is a New York-based alternative investment manager managing $67B AUM across residential real estate equity and debt, residential credit, corporate credit, and insurance and legal opportunities strategies. It serves institutional investors globally through a vertically integrated platform of five operating companies and a proprietary analytics suite.
- Company typePrivate
- Founded2012
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Pretium does
Pretium is a privately held alternative investment manager founded in 2012 by Don Mullen, a former Goldman Sachs Partner and head of the Securities Division's Global Credit and Mortgage businesses. Headquartered in New York, the firm manages $67 billion in total AUM as of March 31, 2026, operating across seven investment strategies: Real Estate Equity (SFR, BTR, multifamily, affordable housing), Real Estate Debt (homebuilder finance, multifamily bridge, transitional lending), Residential Credit, Corporate & Structured Credit (including CLOs), Legal Opportunities, Insurance Solutions, and Customized Solutions. Pretium serves institutional investors — including pension funds, sovereign wealth funds, endowments, and insurance company balance sheets — through commingled funds and bespoke mandates.
The firm differentiates via a vertically integrated operating ecosystem comprising five majority- or wholly-owned portfolio companies that span the residential real estate value chain: Anchor Loans (fix-and-flip and residential development lending), Deephaven Mortgage (non-QM origination), Selene (specialty mortgage servicing and loss mitigation), Progress Residential (SFR and BTR property management), and BH Management Services (multifamily, student, and SFR property management across ~114,000 homes in 31 states). The firm's proprietary analytics platform, Pretium LATTICE, underpins credit underwriting, portfolio construction, pricing, and risk surveillance across all strategies, drawing on structured data assets generated through the operating companies.
Pretium monetizes through a combination of management fees on committed and invested capital, performance fees / carried interest on flagship strategies, and ancillary income from lending, servicing, and property operations within the operating companies. Distribution is institutional and global, supported by 45+ offices, the Hunter Point Capital strategic partnership for capital raising, and dedicated insurance-focused distribution. As of December 31, 2025, Pretium employed approximately 6,500 people globally, with senior leadership drawn predominantly from Goldman Sachs, Morgan Stanley, Bear Stearns, Apollo Global Management, and other major alternative asset managers.
Pretium firmographics
Firmographics- Name
- Pretium
- Legal name
- Pretium Partners LLC
- Website
- https://pretium.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Pretium is a New York-based alternative investment manager managing $67B AUM across residential real estate equity and debt, residential credit, corporate credit, and insurance and legal opportunities strategies. It serves institutional investors globally through a vertically integrated platform of five operating companies and a proprietary analytics suite.
- Ownership category
- akta.pro rank
Pretium industry classification
Industry- Product category
- Alternative Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Investment Activities (5239), Finance and Insurance (52)
- SIC
- Investors, Nec (6799), Investment Advice (6282), Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)
- akta.pro primary industry
- Insurance General Accounts (Institutional Asset Owners) (FSAAAGAG)
- akta.pro secondary industries
- Mezzanine Debt & Preferred Equity (CRE Capital Stack) (FSALADAI), Endowment / OCIO-Style Multi-Manager Platforms (FSANAGAG), SME Term Loans & Growth Capital (FSAKAGAB)
Keywords
Where Pretium is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Pretium business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Pretium product offering
Product offeringCore offering
Pretium is an alternative investment manager that deploys institutional capital across residential real estate equity, residential real estate debt, residential credit, corporate and structured credit, legal opportunities, and insurance solutions. The firm operates five vertically integrated portfolio companies (Progress Residential, BH Management Services, Anchor Loans, Deephaven Mortgage, and Selene) that provide property management, lending, mortgage origination, and default servicing capabilities supporting the investment strategies. Capital is raised from institutional investors and managed through dedicated fund vehicles and customized mandates.
Differentiator
Problem solved
Functional benefit
Brands
- Anchor Loans: Residential real estate lending platform providing financing to professional real estate investors, developers, and homebuilders.
- BH Management Services
- Deephaven
- Progress Residential
- Selene
- Pretium LATTICE
- Pretium Insurance Solutions Group
- Pretium Real Estate Debt
Products and services
- Real Estate Equity
- Real Estate Debt
- Residential Credit
- Corporate & Structured Credit
- Legal Opportunities
- Insurance Solutions
- Customized Solutions
- Progress Residential (Single-Family Rental Management)
- BH Management Services (Multifamily Property Management)
- Anchor Loans (Residential Real Estate Lending)
- Deephaven Mortgage (Non-Agency Mortgage Origination)
- Selene (Mortgage Servicing & Default Asset Management)
Companies that use Pretium
Customer profileIdeal customer profiles2 records
Pretium technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Pretium partnerships and signals
Strategic signalRecent moves10 records
Expansion highlights7 records
Pretium competitors and assessment
Company assessmentBroad incumbents
- Blackstone: Largest alternative asset manager globally with the dominant private real estate and credit platforms (BREIT, BPP, Blackstone Credit). Comparable to Pretium in deploying large-scale capital into residential real estate and credit, but with a much broader product set and significantly larger AUM.
- Brookfield Asset Management: Major alternative asset manager with a sizable real estate (multifamily, SFR, student housing) and credit business. Comparable to Pretium at the strategy level (real estate equity, debt, credit) but with vastly greater scale and product breadth.
- Apollo Global Management: Global alternative asset manager with a large credit franchise (CLOs, structured credit, private credit) and real estate platform. Pretium's Corporate & Structured Credit and Crown Point CLO strategies compete most directly with Apollo's credit business.
- Oaktree Capital Management: Credit-focused alternative asset manager with structured credit, real estate debt, and special situations capabilities. Comparable to Pretium across credit strategies including CLOs, high yield, and structured products.
- KKR: Global alternative asset manager with sizable real estate and credit franchises (KKR Real Estate, KKR Credit). Comparable to Pretium in deploying private capital into residential real estate debt/equity and structured credit, with broader product set.
- Ares Management: Alternative asset manager with significant credit (CLOs, direct lending, structured credit) and real estate platforms. Comparable to Pretium in credit and real estate debt, with a larger and more diversified institutional footprint.
Direct peers
- Starwood Capital Group: Privately held alternative investment manager focused on real estate and energy. Closest direct peer to Pretium: similar residential/multifamily focus, vertically integrated property operations, and institutional capital base.
- Bridge Investment Group: Vertically integrated real estate investment manager with deep multifamily and residential exposure, including special situations and senior living. Comparable to Pretium in operating-company-led real estate strategy and direct lending focus.
- Lone Star Funds: Specialist alternative asset manager historically focused on distressed residential and commercial real estate and credit. Closely comparable to Pretium's heritage in residential credit and structured credit; Pretium's CSO Ted Huffman previously led financial institution originations at Lone Star.
Emerging players
- Invitation Homes: Largest publicly traded single-family rental operator. Comparable to Pretium's Progress Residential in the SFR vertical, though Invitation Homes operates as a public REIT rather than a private asset manager.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Pretium compliance and trust
Trust signalCompliance2 records
Pretium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pretium leadership team
Management profileNumber of profiles
Profiles16 records
Pretium subsidiaries and ownership
Company hierarchySubsidiaries7 records
Pretium funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pretium M&A and investment
M&A and investmentM&A6 records
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pretium
What does Pretium do?
Pretium is an alternative investment manager that deploys institutional capital across residential real estate equity, residential real estate debt, residential credit, corporate and structured credit, legal opportunities, and insurance solutions. The firm operates five vertically integrated portfolio companies (Progress Residential, BH Management Services, Anchor Loans, Deephaven Mortgage, and Selene) that provide property management, lending, mortgage origination, and default servicing capabilities supporting the investment strategies. Capital is raised from institutional investors and managed through dedicated fund vehicles and customized mandates.
Is Pretium a public or private company?
Pretium is a private company. It is classified as venture growth investor backed and is currently operating.
When was Pretium founded?
Pretium was founded in 2012. It employs 1 to 10 people.
Where is Pretium based?
Pretium is headquartered in New York, United States, in the North America region.
Who are Pretium's main competitors?
Broad incumbents on record are Blackstone, Brookfield Asset Management, Apollo Global Management, Oaktree Capital Management, KKR and Ares Management. Direct peers are Starwood Capital Group, Bridge Investment Group and Lone Star Funds. Invitation Homes is listed as an emerging player.
Does Pretium have an API?
No public API is recorded for Pretium.
What industry is Pretium in?
Pretium's product category is Alternative Investment Management. Its primary akta.pro industry code is FSAAAGAG, Insurance General Accounts (Institutional Asset Owners), with a secondary code of FSALADAI, Mezzanine Debt & Preferred Equity (CRE Capital Stack). Its NAICS code is 523940 and its SIC code is 6799.