Pzena Investment Management, Inc. is an investment management firm. The Company manages assets across a range of market capitalizations in both the United States and non-United States capital markets. The Company manages separate accounts on behalf of institutions, acts as sub-investment adviser for a variety of Securities and Exchange Commission (SEC)-registered mutual funds and non-United States funds, and acts as investment adviser for the Pzena Mutual Funds, certain private placement funds and non-United States funds. The Company is the sole managing member of its operating company, Pzena Investment Management, LLC. As of December 31, 2014, the Company's assets under management (AUM) were $27.7 billion. The Company offers institutional investment products to public and corporate pension funds, endowments, foundations and Taft-Hartley plans.