On February 27, 2024, Pretium Partners announced a strategic partnership with Hunter Point Capital.
Hunter Point Capital (“HPC”) has announced a strategic partnership including a minority investment in Pretium Partners (“Pretium”). The partnership with HPC aims to support the long-term growth of Pretium’s existing strategies and enable Pretium to expand into adjacent strategies. Further terms of the transaction were not disclosed.
HPC, based in New York, is an investment firm with a focus on providing strategic support to alternative asset managers. As of March 2023, HPC had $3.1 billion in assets under management.
Pretium, based in New York, is a specialized investment manager focusing on U.S. residential real estate, mortgage finance, and corporate credit. As of June 2023, Pretium had $50 billion in assets under management. BofA Securities acted as exclusive financial advisor to Pretium on the transaction.
To read the press release: please click here.