Management without lifting a finger.
Our Founders.
Derek Tracy is a co-founder of Praedium Management and a seasoned estate and operations executive whose 15-year career spans multi-estate portfolio management for some of the world’s most discerning ultra-high-net-worth families. He has directed over $80M+ in capital projects and managed $10M+ in annual operating budgets, bringing institutional discipline to the private estate environment.
Derek is known for cultivating high-retention leadership teams, integrating forward-thinking estate technologies, and positioning residential holdings as enduring generational assets — operationally sound, vision-aligned, and managed with absolute discretion.
Bill Hayden is a co-founder of Praedium Management and a seasoned technology and operations executive with a proven track record of building and scaling enterprise platforms. He previously served as CEO of FacilitySource, where he transformed the company from a software and help-desk solution into a comprehensive facility management platform supporting 50,000+ locations and billions in annual spend — culminating in its acquisition by CBRE in 2018.
At Praedium, Bill brings that same institutional-grade operational thinking to the luxury residential space, architecting the infrastructure and service delivery model that defines the firm’s approach. Holding a degree in Computer Science and Business from Furman University, he is a disciplined builder who excels at bringing clarity, scalability, and precision to complex, high-stakes environments.