Pretium Raises $500 Million for Legal Investment Fund as It Enters New Market

Pretium, a New York-headquartered investment firm, has successfully closed its inaugural Legal Opportunities Fund, securing approximately $500 million from investors. This development marks a significant milestone for the firm as it ventures into the legal investment landscape. According to the announcement, Pretium was advised by the renowned law firm Paul Weiss Rifkind Wharton & Garrison LLP.