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Pzena Investment Management, Inc. Announces March 31, 2010 Assets Under Management

Pzena Investment Management, Inc. (NYSE: PZN) today reported its preliminary assets under management as of March 31, 2010.

AUM for month-end March 2010, month-end February 2010, and month-end March 2009 are listed below:

                   

Pzena Investment Management, Inc.

Assets Under Management (1)

($ billions)

 
As of As of As of
March 31, 2010 February 28, 2010 March 31, 2009
U.S. Value Strategies $ 10.5 $ 9.6 $ 6.5
Global Value Strategies 2.9 2.8 1.5

EAFE (2) Value Strategies

    2.0         1.8       0.6    
Total   $ 15.4       $ 14.2     $ 8.6    
 
Institutional Accounts $ 11.7 $ 10.7 $ 6.0
Retail Accounts     3.7         3.5       2.6    
Total   $ 15.4       $ 14.2     $ 8.6    
 
(1) Numbers may be subject to rounding. In September 2009, the Company changed the classification
of its assets under management to Institutional Accounts and Retail Accounts. Historical
information has been reclassified for all periods presented.
 

(2) Europe, Australasia, and Far East.

About Pzena

Pzena Investment Management, LLC, the firm’s operating company, is a value-oriented investment management firm. Founded in 1995, Pzena Investment Management has built a diverse, global client base. More firm and stock information is posted at www.pzena.com.

Forward-Looking Statements

This press release may contain, in addition to historical information, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the company's current assumptions, expectations and projections about future events. Words like “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” and similar expressions are used to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are necessarily estimates reflecting the best judgment of the company's management and involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by the forward-looking statements.

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