Pretium establishes legal opportunities investment team

Pretium, a New York-based specialized investment management firm with more than $26 billion in assets, has established a legal opportunities investment team. The strategy will be led by Matthew Cantor, a Senior Managing Director who joined Pretium in May 2020 and has more than two decades of experience of creating value for investors in complex legal situations. This experience includes his tenure leading the highly successful resolution of the Lehman Brothers estate and time spent as both an investor and as a practicing attorney at leading global law firms. Also joining Pretium as a Senior Managing Director is Charles (Chad) Schmerler, who will serve as the head of Litigation Finance. Prior to joining Pretium, he was the CEO of Yorkside Capital, a litigation finance firm he founded following his tenure as a litigation partner at Norton Rose Fulbright.