Pretium Credit Management, LLC (New York)


Pretium Credit Management, LLC is a large advisory firm based in New York. It manages $2.47 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.

Pretium Credit Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pretium Credit Management: assets under management

The assets under management (AUM) of Pretium Credit Management, LLC is $2.47 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 169% since the beginning of its operation, and $570.02 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.47 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $246.6 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pretium Credit Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pretium Credit Management serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Pretium Credit Management is pooled investment vehicles with 9 clients and $2.38 billion of assets under management. Among the 9 most similar advisory firms, Pretium Credit Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.47 billion for 10 clients. 83% of the firm’s clients are foreign persons or businesses.

Pretium Credit Management also advises several private funds. Namely, one hedge fund and eight securitized asset funds. The minimum investment commitment required of non-related persons ranges from $1 to $5,000,000.

Careers at Pretium Credit Management, LLC

The company employs 32 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
George Mcmurray Marshman Chief compliance officer 1 Nov 2009 Other 2170808
Llc Pretium Credit Holdings Sole member 1 Aug 2017 75% - 100% 82-2284757
Jonathan Ezrow Chief financial officer of parent company 1 Aug 2017 Other 2085052
Jeffrey Giorgio Meriggi Chief legal officer of parent company 1 Aug 2017 Other 4981291
Brian Rooder Compliance officer of parent company 1 Aug 2017 Other 6807096
Donald Robert Mullen Chief executive officer of parent company 1 Aug 2017 Other 1209578
Lee Michael Alexander Chief operating officer of parent company 1 Aug 2017 Other 6845161
Gerald Baker Ouderkirk Head of structured credit 1 Oct 2017 Other 3102530
Brian David Mccawley Associate general counsel 1 Oct 2017 Other 6446065
Charles Joseph Bzdewka Compliance officer 1 Jun 2018 Other 6194494
Brian David Mccawley Compliance officer of parent company 1 Aug 2018 Other 6446065

Indirect Owners

The SEC currently registers 14 indirect owners.

Name Entity Date acquired Ownership Employer ID
Donald Robert Mullen Sole member 1 Jun 2005 75% - 100% 1209578
V.F. Trust Shareholder 1 Oct 2007 75% - 100% foreign
Estera Trust (Cayman) Limited Trustee 1 Oct 2007 Other foreign
Lp Pretium Holdings Sole member 1 Apr 2014 75% - 100% 45-5501422
Llc Mvre Managing member 1 Dec 2016 75% - 100% 20-3129712
Ofpi Us Corp. Partner 1 Jan 2017 25% - 50% 81-4724462
Pretium Parent Llc Partner 1 Jan 2017 50% - 75% 81-4759559
Llc Pretium Holdings Gp General partner 1 Jan 2017 Other 81-4782181
Donald Robert Mullen Managing member 1 Jan 2017 75% - 100% 1209578
Ofpi S.A.R.L. Shareholder 1 Jan 2017 75% - 100% foreign
Opera Finance International S.A. Shareholder 1 Jan 2017 75% - 100% foreign
Bee Master Holding Bv Ii S.A.R.L. Shareholder 1 Jan 2017 50% - 75% foreigen
Opera Finance Europe S.A.R.L. Shareholder 1 Jan 2017 50% - 75% foreign
Llc Pretium Partners Sole member 1 Jul 2017 75% - 100% 37-1756838

Based in New York

The principal office where Pretium Credit Management, LLC performs its advisory services is located at 810 Seventh Avenue, New York, NY 10019, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-257-5757. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at pretiumpartnersllc.com and its LinkedIn profile.