Pzena Investment Management

We wrote most of that mission statement at our inception in 1996. The only change we made since then is to replace our US focus with one that is global.

Value investing works because investors tend to shy away from low prices.

The typical reasoning goes that low prices signal problems, and that those problems must be permanent if the stock price has substantially declined. But successful value investing overcomes this human tendency.

An unwavering discipline, intensive research, and an owner’s perspective on time horizon: these are our “secret” ingredients to long-term investment returns.

We built our team of research analysts slowly and carefully over the years. They have worked across sectors and roles, including management consulting, private equity, and operations. Their experience is consistent with our focus on understanding how businesses earn profits, and which businesses are likely to recover from temporary declines.

Our clients span the globe. They believe in our mission, a commitment we’ve held for more than two decades. We are excited for what the next decades will bring.

It’s hard to predict the future of investing, but there’s one thing we know with clarity. We will research businesses wherever valuation opportunities take us.

We are proud of the culture we have built:

We are one team: investment research, client service, and administration
Working together makes each aspect of the firm stronger.

We share a passion for excellence
From the beginning, our goal of investment excellence has driven every decision we make.

We seek partners rather than employees
Everyone in our firm is eligible to be a partner. Our retention levels, our shared sense of purpose with our clients, and our team orientation are enhanced by our culture of ownership. Approximately, 55% of our firm is owned by employee partners. 

Investment professionals with a range of industry and academic expertise.

We recognize that significant contributions can be made by every employee across all of our positions, levels, and teams. Every team member at Pzena is eligible for partnership.

Diverse and Inclusive

Your unique perspective is valuable to us. We build strong teams with diverse cultural, professional, and academic backgrounds.

Our commitment to excellence begins with you.

Professional Development

We’re dedicated to helping you grow. You’ll be surrounded by colleagues and interact with management who care about your long-term career at Pzena.

-Mentorship program
-Robust on-the-job training
-Leadership training
-Engaging learning opportunities
-Continuing education

We consider ourselves a family and care about the well-being of our people. At Pzena, you’re encouraged to have a healthy work/life balance. We contribute to that by offering competitive salaries, generous 401(k) and other savings opportunities, vacation days, and choices for healthcare that suit your needs.

Community

Participate in our traditions, including the annual Pzena Challenge, Pizza Fridays, Executive Committee-hosted lunches, and summer softball league, among other events.

Giving Back

We support the charitable impact you want to make for causes you are passionate about. We make donations to your chosen charities on your behalf and match personal donations. We also host annual charity drives to benefit local organizations.