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Clarion Partners LLC, a New York City-headquartered real estate investment manager, has hired Josh Pristaw as managing director and president. Pristaw will sit on Clarion’s executive board and investment committee in a position reporting directly to CEO and Chairman David Gilbert

Pritsaw joins Clarion from the investment firm Pretium, where he served as senior managing director and head of Pretium’s $35 billion real estate platform. Prior to Pretium, Pristaw had co-founded GTIS Partners, a real assets investment firm, where he worked for 17 years and last served as a partner, co-head of GTIS Brazil, head of capital markets, and a member of the firm’s investment committee. Previously, he was a principal and co-head of acquisitions for Coventry Real Estate Advisors.

“We are very pleased to have Josh take on a long-term strategic leadership role at Clarion,” said Gilbert. “His diversified expertise is highly aligned with Clarion’s focus on continued global expansion in key sectors, which we view as fundamental to our ability to deliver compelling investment opportunities to our institutional and private wealth clients. We look forward to Josh’s significant contributions as we work to strategically expand our product set across the commercial real estate spectrum.”