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Pzena Investment Management, LLC is a employee owned investment manager. The firm manages equity mutual funds for its clients. It invests in the public equity markets across the globe. The firm employs value based investing strategy to make its investments. It also invests in mid-cap growth companies. The firm benchmarks the performance of its portfolio against S&P 500 Index and Russell Midcap Growth Index. It employs proprietary research to make its investments.
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The cautiously optimistic market in 2023 saw stocks rebounded upwards, and interest in IPOs picked up from the previous year.
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