Pretium Credit Management (PCM) manages multiple private funds with discretionary authority, investing in corporate credit, structured credit, and specialty finance. PCM's clients are primarily institutional and high-net-worth investors. PCM advises the funds and CLOs in an attempt to achieve their respective investment objectives and does not tailor its advice to the individual needs of any investor in the Funds and CLOs.
Fee Structure
Pretium Credit Management manages investment funds and collateralized loan obligations (CLOs). The fees vary depending on the specific fund or CLO. Management fees are typically a percentage of the fund's net asset value or drawn capital, and there may also be performance-based fees. These fees are detailed in each fund's governing documents.