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Pretium Announces Establishment of Insurance Solutions Group to Expand Its Insurance-Focused Strategy

Paul Brown Joins Firm to Co-Lead Group Alongside Kevin Relihan

Pretium, a specialized investment firm managing approximately $60 billion in assets under management, today announced the expansion of its business partnering with insurance companies and providing access to customized private credit assets. Paul Brown has joined Pretium as a Managing Director to co-lead the Firm’s newly formed Insurance Solutions Group alongside Managing Director Kevin Relihan. Together, Brown and Relihan will focus on expanding the firm’s insurance partnerships and offerings.

“Given Pretium’s expertise in operating and managing assets across the residential real estate ecosystem, we are in a position to provide high-quality assets to insurance companies for their balance sheets,” said Jonathan Pruzan, Co-President of Pretium. “The formation of this dedicated group enables us to expand our existing insurance-focused business and continue to deepen and broaden our relationships with insurance companies. We are excited to have Kevin and Paul working together to drive long-term value for this important client base of the Firm.”

“As the convergence between insurance liabilities and asset management accelerates, the Insurance Solutions Group will play a vital role in strengthening Pretium’s position as a trusted partner to insurance companies seeking access to residential real estate assets,” said Paul Brown. “I’m excited to join this talented team, working with Kevin to grow what is an already substantial business at Pretium.”

“I’m thrilled to be partnering with Paul as we expand our insurance-focused platform, building on Pretium’s strong foundation,” said Kevin Relihan, Managing Director and Co-Head of the Insurance Solutions Group. “Together, we’re committed to driving long-term value and innovation for our clients.”

Paul Brown brings deep expertise and experience in insurance, investment management, and capital markets to Pretium. Previously, he served as Managing Director and Co-Head of Corporate Development at Ares Insurance Solutions. Prior to that, he was Executive Vice President, Capital and Strategy, and Chief Investment Officer at Aspida Financial. Paul has also held senior roles in investment banking at JP Morgan, Merrill Lynch, and Credit Suisse First Boston. He began his career as an attorney at Cravath, Swaine & Moore, focusing on mergers and acquisitions and corporate law.

Paul earned a Bachelor of Arts in Economics from Yale University and a Juris Doctor from the University of Virginia School of Law.

About Pretium

Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit. Pretium was founded in 2012 to capitalize on investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment managers. Pretium’s platform has approximately $60 billion in assets, comprising real estate investments across nearly 90 markets in the U.S., and employs approximately 7,000 people across 44+ offices, including its New York headquarters, Miami, London, Seoul, and Sydney. Please visit www.pretium.com for additional information.

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