Pzena Investment Management LLC

RIASEC Registered

Total AUM

$81.4B

Discretionary

$80.6B

99% of AUM

Avg account

$332M

Accounts

245

Employees

164

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 106847
Registered since: December 15, 1995
Website: www.pzena.com
Custodians: STATE STREET BANK AND TRUST COMPANY, THE BANK OF NEW YORK MELLON
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Pooled Investment Vehicles44.01%
Investment Companies29.95%
State / Municipal Government17.79%
Pension & Profit Sharing Plans3.86%
Other Investment Advisers1.48%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Pzena Investment Management LLC is an SEC-registered investment adviser (registered in 1995) organized as an LLC that operates investment strategies for both individual/family and institutional clients. The firm is classified in the FINTRX data as a hedge fund manager that charges both percentage-of-AUM and performance-based fees. Its advisory scope includes portfolio management across individuals/small businesses, investment companies, pooled investment vehicles and institutional/business accounts. Pzena also identifies as an active ESG investor and participates in the industry as a broker-dealer affiliate and as a sponsor/GP/managing member for pooled vehicles. The firm runs multiple private funds and allocates to third-party alternatives; it combines traditional long-only equity positions with hedge fund-style strategies and private-market exposure. Pzena was named among CNBC’s Top 100 Financial Advisory Firms in 2019, 2020 and 2021.