# Pretium Partners

Pretium Partners is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2012
- **Assets under management:** Over $50 billion (Altss estimate)
- **Website:** pretium.com
- **LinkedIn:** https://www.linkedin.com/company/pretiumpartners

## Regulatory record

- **Reports private funds:** No

## About

Pretium is an alternative investment manager that aims to deliver value through one of the largest residential real estate investment ecosystems, corporate and structured credit investment strategies, and other specialized investment solutions. It invests in complex assets with strong tailwinds that require sophisticated, operational expertise. The firm focuses on expanding quality, affordable rental housing and providing funding for homebuilders and developers.

## Sectors

- Real Estate
- Private Credit
- Secondaries & Special Situations

## People

- Don Mullen — Founder and CEO

## Questions

### Who runs investment decisions at Pretium Partners?

Don Mullen, Founder and CEO, sets the strategic and investment direction. In September 2024, Jonathan Pruzan joined as President, bringing over 30 years of institutional leadership from Morgan Stanley. The senior investment committee draws heavily from executives with mortgage, structured credit, and real estate operating experience gained at institutions including Goldman Sachs and BlackRock.

### How does Pretium source its single-family homes?

Pretium acquires homes through multiple channels: bulk purchases of distressed mortgage pools from banks and government-sponsored enterprises, open-market purchases via its in-house acquisition engine, and build-to-rent partnerships with homebuilders. This multi-channel approach allows the firm to scale without relying exclusively on any single source of supply.

### Is Pretium a firm that manages money for a single family or an asset manager?

Pretium is an institutional asset manager, not a family office. Don Mullen founded the firm after his career at Goldman Sachs, and it raises capital from public pensions, sovereign wealth funds, endowments, and insurance companies. There is no single-family wealth origin behind the firm.

### What is Pretium's relationship with Progress Residential?

Progress Residential is Pretium's wholly owned, in-house property management company. Rather than hiring local property managers across dozens of markets, Pretium built an integrated operating platform that handles leasing, maintenance, and tenant relations directly. This vertical integration generates proprietary data that feeds back into the firm's acquisition algorithms.

### Does Pretium invest outside of residential real estate?

Yes. While residential real estate is the signature platform, Pretium also manages a residential credit strategy that acquires performing and non-performing mortgage loans. A corporate credit and structured products business targets asset-backed lending, specialty finance, and bespoke financing solutions for mid-market companies. The credit platform operates with a distinct team and investment process.

### Which US markets does Pretium concentrate its home portfolio in?

Pretium concentrates on Sun Belt metros with strong population and job growth, including Phoenix, Atlanta, Dallas, Tampa, Charlotte, and Houston. These markets combine favorable landlord regulatory environments with migration and employment tailwinds that support rental demand and home price appreciation over full cycles.

## Related profiles

- [Pragati Capital](https://altss.com/profile/pragati-capital)
- [Prides Capital](https://altss.com/profile/prides-capital)

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Last updated: 2026-08-11T15:07:49.000Z

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