Pzena Investment Management LLC
City-funded organization
Pzena Investment Management LLC is a New York based, value oriented investment management firm serving institutional and individual clients, according to its own site. It holds $51 million in active investment management agreements (IMAs) with the New York City Office of the Comptroller, which serves as investment advisor to the city's pension funds, covering the 'Second Renewal for the Emerging Markets Active Equity IMA' ($31 million), the 'Developed Markets ex USA Active Equity IMA' ($11 million), and the 'Second Renewal U.S. Small Cap Active Equity IMA' ($9 million). 78% of contract value ($40 million across 2 contracts) was awarded without a fresh competitive bid, while the Developed Markets contract was won through a competitive RFP.
- Industry (per city contracts)
- Professional Services
- City contracts (active)
- $51,009,950 · 3 contracts
- Awarded all-time
- $51,009,950 · 3 since 2025, incl. expired
- Won without a fresh bid
- 78% of contract value · $39,986,308 · 2 contracts
- Based in
- New York, NY
Holds contracts at
- Office of the Comptroller City agency
City contracts
Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).
- Second Renewal for the Emerging Markets Active Equity IMA Office of the Comptroller · CT101520261409916 $30,980,479
- Developed Markets ex USA Active Equity IMA Office of the Comptroller · CT101520261404606 $11,023,641
- Second Renewal U.S. Small Cap Active Equity IMA Office of the Comptroller · CT101520261405435 $9,005,829