Pretium Partners to acquire investment management business of Latigo.

Pretium Partners, a specialized alternative investment management firm focused on real estate, residential credit and corporate & structured credit, agreed to acquire investment management business of Latigo, a fund manager that specializes in event-driven investing. Financial terms were not disclosed. “Pretium has distinguished itself as a thought leader in the asset management space and we are thrilled to partner with them as we enter into this next stage of our evolution. Over the past fifteen years, we have remained focused on generating value for our investors while remaining true to both our culture and our investment process. Pretium shares our philosophy and approach to investing and represents an ideal partner for Latigo and its LPs,” David Ford, Latigo co-founder.