(Bloomberg) — Stephen Scherr, the former chief financial officer of Goldman Sachs Group Inc., is seeking a Wall Street comeback by joining the leadership of one of the biggest investors in US housing.
Most Read from Bloomberg
Scherr starts this week as co-president at Pretium, a major landlord of US single-family homes founded by his former Goldman colleague Don Mullen. The new hire will share his post atop the $55 billion investment firm with another heavyweight Mullen recruited last year: former Morgan Stanley CFO Jon Pruzan.
“The firm has grown extremely fast. I need to be in a position that I have people around me that, if I get hit by a bus, can run the place,” Mullen, 66, said in an interview. “That doesn’t mean that, if I drop dead, they come out of a glass case to run the place. There’s a lot to do now.”
That includes expanding the firm.
“Bringing folks like that on…
