Pretium Partners Llc stands as a notable entity in the investment landscape, primarily recognized for its focus on real estate and pooled investment funds. This overview delves into publicly available information to provide a clearer picture of Pretium Partners LLC and its related investment vehicles.
Pretium Partners LLC is closely associated with entities like Pretium Residential Real Estate Fund II, L.P. and Pretium Residential Real Estate Fund II Access, L.P. These entities are formally registered as Limited Partnerships, with their jurisdiction of incorporation being Delaware. Established in 2016 and 2018 respectively, these funds indicate a relatively recent but active presence in the investment sector.
The principal place of business for these entities is located in New York, sharing the address “C/O PRETIUM PARTNERS, LLC, 810 7TH AVENUE, 24TH FLOOR, NEW YORK, NEW YORK 10019”. This New York address suggests a central hub for operations and management. Contact information is publicly available, with a phone number of 212-257-5774 associated with these entities.
Key individuals are linked to Pretium Partners LLC. Donald R. Mullen is identified as an Executive Officer, specifically the Chief Executive Officer of the General Partner (GP) of the Issuers. Jonathan Ezrow also holds an Executive Officer position, serving as the Chief Financial Officer of the GP of the Issuers. Notably, “Pretium Partners, LLC” itself is listed in relation to these funds, marked as a Promoter.
In terms of industry classification, Pretium Partners LLC and its related funds operate within the “Pooled Investment Fund” group, further categorized as “Other Investment Fund” and with a secondary classification in “Real Estate”. This indicates a strong emphasis on managing pooled investment vehicles, with a significant focus on real estate assets. It is explicitly stated that the issuers are not registered as investment companies under the Investment Company Act of 1940.
Information regarding issuer size reveals that the Aggregate Net Asset Value Range is marked as “Decline to Disclose”, suggesting that specific financial metrics related to revenue or asset value are not publicly detailed in this context.
The Federal Exemptions claimed include Rule 506(b) and Investment Company Act Section 3(c), with further specifications under Section 3(c)(5) and Section 3(c)(7). These exemptions are legal provisions that allow certain offerings to be exempt from full SEC registration, often based on the type of investors and the nature of the offering.
The type of securities offered are “Pooled Investment Fund Interests,” reinforcing the nature of the investment product being managed and offered by Pretium Partners LLC related entities.
While specific sales compensation details are not elaborated upon beyond the mention of UBS Financial Services Inc. and Goldman, Sachs & Co. as recipients, it’s noted that placement agents were engaged and compensated based on capital raised. The minimum investment accepted from any outside investor is listed as $0 USD, although this might reflect specific circumstances within the offering’s structure.
In conclusion, Pretium Partners LLC operates as a prominent investment firm deeply involved in real estate and pooled investment funds. Based in New York, with key executives like Donald R. Mullen and Jonathan Ezrow at the helm, the firm manages entities structured as limited partnerships. Their investment activities fall under the regulatory exemptions specified in SEC filings, indicating a sophisticated approach to capital raising and asset management within the real estate and broader investment sectors. This overview provides a foundational understanding of Pretium Partners LLC based on publicly accessible information.
