Pretium Closes $500M Inaugural Fund, Eyes Legal Finance Boom

0
190

The fund also offers investors risk-adjusted returns that are “minimally correlated” with traditional financial markets, making it an attractive diversification play.

Bridging Finance and Litigation Strategy

Founded in 2012, Pretium is a private equity giant specializing in U.S. residential real estate, residential credit, and corporate credit. The firm was created to capitalize on investment and lending opportunities arising from structural shifts, disruptions, and inefficiencies in the economy.

Pretium’s expansion into legal finance aims to leverage targeted litigation funding and legal-outcome-driven strategies to generate investor value. According to its website, this initiative will allow the firm to capitalize on high-stakes legal disputes where financial backing can significantly impact case outcomes.

Signup for the USA Herald exclusive Newsletter

“Intellectual property is the capital driving the growth of the digital economy and the development of legal finance,” said Matthew Cantor, senior managing director leading Pretium’s legal opportunities strategy. “By providing bespoke capital solutions to fund the monetization of legal entitlements, we’re supporting law firms, corporations, and other sophisticated parties to better manage their legal risks.”

A Growing Global Footprint

Pretium, which employs around 7,000 people, has a real estate investment presence in 90 U.S. markets and maintains offices in New York, Miami, London, Seoul, and Sydney. The firm’s entry into litigation finance marks a strategic shift that could reshape how legal battles are funded and fought.