Pzena Investment Management, Inc.New York, NY, United States (NYSE: PZN)

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Pzena Investment Management Company Description

It takes money to make money, and Pzena Investment Management has made plenty. Serving institutional and high-net-worth individual clients, the firm has grown its assets under management total from $3 billion in 2002 to some $23.6 billion in 2008. Through some 10 funds, it makes long-term investments in domestic and international companies -- particularly financial services firms. The company also acts as sub-investment adviser for about two dozen mutual funds and offshore funds. Pzena Investment Management owns some 10% of the management units and is the managing member of its operating company, Pzena Investment Management, LLC.

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The Company Description provides a historical perspective of Pzena Investment Management's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Pzena Investment Management's evolution in the marketplace.

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