Pretium Partners completed the acquisition of Selene Holdings from OakTree Capital and Ranieri Partners

Pretium Partners completed the acquisition of Selene Holdings, a special servicer of nonperforming, re-performing, REO and performing loans, from funds managed by OakTree Capital and Ranieri Partners. The financial terms of the deal were undisclosed. "Selene is a best-in-class servicer that adds significant capabilities and expertise to Pretium’s residential credit ecosystem. We look forward to further investing in Selene’s technology and platform and working closely with management to best serve Pretium’s investors and Selene’s clients," Donald Mullen, Pretium Founder and Chief Executive Officer