Pretium established its first Middle East office in Dubai. Jamal Saab has joined as Managing Director to head and expand Pretium's Middle East presence. Saab comes to Pretium with over 20 years of experience serving investors in the Middle East. Pretium's expansion into the Middle East follows several strategic initiatives that have grown the firm's footprint across geographies and broadened its capabilities. The firm recently announced a Joint Venture with a large Canadian pension plan as well as a partnership with Trans-Canada Capital, an institutional asset manager that oversees more than CAD 30 billion in assets for a range of institutions including Air Canada's pension, to help each firm achieve their investment goals through differentiated real estate and corporate and structured credit strategies, respectively. Pretium has also continued to thoughtfully expand its investment teams, adding three managing directors to its residential credit segment in August 2021 to enhance the firm's ability to source opportunities and provide industry-leading levels of service for investors globally. - TradeArabia News Service.