Pzena Investment Management is a New York City-based hedge fund focused ... of directors had authorized а $5.0 buyback program and announced plans to conduct an IPO of 19.9% of United Guaranty Corporation, AIG’s mortgage insurance unit.
The IPO for Pzena Investment Management, Inc. (NYSE: PZN) is open for trading. The stock is trading at $21 after pricing 6,100,000 shares at $18.00 per share. Goldman, Sachs & Co. and UBS Investment Bank are acting as joint book runners for the offering.
Our advisory fee income is recognized over the period in which investment management services are provided ... which was executed in connection with our reorganization and initial public offering on October 30, 2007. As discussed further below under.
On October 21, Bill Simpson wrote an analysis of Pzena Investment Management (NYSE:PZN). In its debut October 25, the company priced at $18 per share, the top end of the anticipated price range. The investment management firm had expected the IPO, which.
The results for the three and six months ended June 30, 2014 and 2013 include recurring adjustments related to the Company's deferred tax asset generated by the Company's initial public offering and ... shareholders. Management believes that these.
Pzena Investment Management, which oversees more than $30 billion in assets for institutions, wealthy individuals and mutual funds, set a price range of $16 to $18 per share for its upcoming initial public offering. In an amended prospectus filed Wednesday.
Pzena Investment Management (NYSE:PZN) has had a strong year ... Performance suffered, and Pzena is still down 48% from the IPO price in 2008, despite its impressive performance this year. Performance has picked up significantly the dark days of 2008.
Pzena Investment Management Inc., a New York-based firm that manages about $28.9 billion and specializes in value-oriented investing, will sell shares, making it the first investment company to go public since the summer swoon rocked credit markets and.
Oct 10 (Reuters) - Pzena Investment Management Inc registered its initial public offering of 6.1 million Class A shares at an estimated price of $16 to $18 per share. In an amended filing with the U.S Securities and Exchange Commission, the investment.