Joel Sulkes Joins Pretium as Managing Director to Lead Insurance Risk Management

NEW YORK--(BUSINESS WIRE)--Pretium, a specialized investment firm managing over $60 billion in assets, today announced the addition of Joel Sulkes as Managing Director, Insurance Risk Management. In this role, Mr. Sulkes will accelerate the build-out of the firm’s insurance risk management function, including centralizing the firm’s insurance capabilities, expanding its use of insurance risk transfer vehicles, and growing its insurance brokerage platform.

Mr. Sulkes brings to Pretium more than two decades of experience in risk management at insurance and financial institutions. Most recently, he served as a Senior Managing Director at Brown & Brown and previously led the Global Financial Institutions Practice at Aon. Earlier in his career, Mr. Sulkes spent more than a decade at Goldman Sachs, where he helped establish the firm’s corporate insurance practice and operational risk supervision function. Prior to Goldman Sachs, he was a Vice President at Lehman Brothers. Mr. Sulkes began his career as an attorney in the Insurance Practice Group at Dewey & LeBoeuf.

“Joel has deep expertise across insurance, operational risk, and financial institutions that will be invaluable as we continue to scale our platform,” said Jeff Meriggi, Pretium’s Chief Business Affairs and Legal Officer. “Joel’s experience building sophisticated insurance and risk management programs will strengthen our ability to manage risk across our investment strategies and operating companies.”

“I’m excited to join Pretium to help build and lead the firm’s insurance and risk management function,” said Sulkes. “Pretium has created a distinctive ecosystem spanning residential real estate and credit markets, and I look forward to working across the organization to proactively manage risk, optimize insurance coverage structures, and ensure alignment with the firm’s investment goals as the platform continues to grow.”

Mr. Sulkes earned a Juris Doctor from New York Law School and a Bachelor of Arts from Rutgers University.

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 and 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 over $60 billion in assets and employs approximately 6,500 people across 45+ offices, including its New York headquarters, Miami, London, Abu Dhabi, Bangalore, Seoul, and Sydney. Please visit www.pretium.com for additional information.