Dechert Advises Pretium in Acquisition of Cascade Financial Services

Dechert advised Pretium, a specialized investment firm managing more than US$70 billion in assets, in its acquisition of Cascade Financial Services, a leading lender focused on financing manufactured and modular homes.

The acquisition expands Pretium's residential credit platform and strengthens its ability to support homeownership through manufactured housing lending. Through the addition of Cascade, Pretium will expand its lending capabilities in a sector that provides an affordable path to homeownership for many working families.

The Dechert team that advised Pretium was led by corporate partners Ken Young and Allie Wasserman, global finance partners Kenneth D. Hackman and Soo-ah Nah, and tax partner David J. Passey and associate Ji Hong Park. The broader team included corporate special counsel John M. Ix and associates Karthik Venkatesh, Joy Zhu and Javier A. Pérez Rodríguez; labor partner Ian Downes and associate Tanya Warnke; employee benefits partner Howard Klein and associate Brie Michaelson; IP partner Thomas Rayski and associate Spencer C. Joffrion; cyber, privacy & AI senior counsel Timothy Blank and associate Daniel T. Murdock; national security partner Hrishikesh Hari; antitrust partner James Fishkin and counsel Beverly Ang; global finance associate Davina C. Okonkwo; tax associate Insung Kim; and financial services associate Yeji Jung.

About Dechert

Dechert is the law firm that helps business leaders lead.

For more than 150 years, we have advised clients on critical issues - from high-stakes litigation to first-in-market transaction structures and complex regulatory matters. Our lawyers in commercial centers worldwide are immersed in the key sectors we serve - financial services, private capital, real estate, life sciences and technology.

Dechert delivers unwavering partnership so our clients can achieve unprecedented results.