Announced
Synopsis
Hunter Point Capital, an independent investment firm seeking to make minority investments in middle-market alternative asset managers, agreed to acquire a minority stake in Pretium, a specialized investment manager focused on real estate, mortgage finance and corporate debt. Financial terms were not disclosed. “This milestone is a testament to the accomplishments of our 4.4k-plus person team and the many opportunities that lie ahead for our firm. Avi and Bennett have built a differentiated model of partnership and share Pretium’s passion for building businesses. We look forward to drawing upon HPC’s strategic expertise, value-added operational capabilities, and global network to propel Pretium’s development into our second decade,” Don Mullen, Pretium Founder and CEO.
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