Pretium turns to Morgan Stanley veteran for newly created role

He takes the role of president and executive committee member

Pretium turns to Morgan Stanley veteran for newly created role

Pretium, a real estate investment firm, has appointed Jonathan Pruzan (pictured) to the newly created role of president and member of the executive committee.

With over three decades of industry experience, Pruzan will oversee many of Pretium’s strategic and operational initiatives. He will report to CEO Don Mullen, according to the company’s news release.

“Adding a strategic leader of Jon’s caliber demonstrates the strength of Pretium’s model and market position as one of the leading investors in real estate and credit,” Mullen said. “Pretium is a fast-growing, integrated firm that supports the entire asset lifecycle by embracing opportunity where others resist complexity. Jon is part of an elite class of financial services leaders, having excelled as an operating executive and a dealmaker. At a time of significant consolidation in the asset management space, we look forward to benefiting from Jon’s long history of success driving organic growth and identifying compelling acquisitions and partnerships to take the firm to the next level.”

Pruzan spent the past 28 years with Morgan Stanley, holding various leadership positions, including chief operating officer, chief financial officer, and head of corporation strategy. He was instrumental in the firm’s acquisitions of E*Trade Financial, Eaton Vance, and Solium Capital.

Before Morgan Stanley, he served as head of the Global Financial Institutions Group, advising financial institutions and governments worldwide on hundreds of billions of dollars of capital raisings, mergers, restructuring, and other strategic transactions.

“Pretium’s unique ecosystem is built on Don’s pioneering vision to produce, curate, and manage assets with a high barrier to entry across the residential and corporate credit markets,” Pruzan said. “Successful acquisitions such as Anchor Loans, Deephaven Mortgage, and Selene Finance are a testament to the Pretium team’s entrepreneurship and ability to effectively integrate new platforms. I am extremely excited to be joining the firm and to work closely with Don and the entire team to capitalize on the tremendous opportunities ahead to grow the business.”

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