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Pretium, a specialized investment management company focused on real estate, mortgage finance and corporate credit that holds more than $20 billion in assets, revealed that John Keratsis will succeed Matt Nichols as president and CEO of its Deephaven Mortgage platform.
Keratsis brings nearly two decades of experience and expertise to Deephaven. In his new role, he will be responsible for leading the next phase of Deephaven's strategic growth. He will partner closely with Nichols, who will continue to serve as executive board chair of Deephaven. The leadership transition enables Nichols to spend his time focusing on his role as co-head of Pretium's Residential Credit business.
Prior to joining Pretium and Deephaven, Keratsis held the position of senior managing director at Incenter where his responsibilities included oversight of several mortgage services and specialty lending business units and over 800 employees. These units included Boston National Title, a nationwide title and settlement services platform; CampusDoor, a comprehensive, private student loan origination platform and fulfillment company; Agents National Title Insurance Company, a title insurance underwriter; a large-scale offshore mortgage fulfillment operation and a national appraisal management company. Prior to Incenter, Keratsis spent nearly 12 years as founder and CEO of Boston National Holdings which was acquired by Incenter in November 2016.
"He is a committed entrepreneur with a proven track record of building successful businesses that combine a client-centric operating approach with a commitment to providing world-class service," said Nichols of Keratsis' hire. "His depth and breadth of experience and expertise will be instrumental as we continue to scale our platform and look to capitalize on a broad array of strategic business opportunities."
Deephaven was acquired by Pretium in June 2019 and has continued to strategically build out its platform. Over the last 7 years, Deephaven has created more than $8 billion in Non-Agency loans.