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About
Daniel L. Babkes is a Principal and Portfolio Manager at Pzena Investment Management in New York, where he is co-portfolio manager for the Focused Value and Large Cap strategies. In this role, he is responsible for overseeing investment portfolios primarily within U.S. large cap equities, with an emphasis on a deep value investing approach that identifies and invests in significantly undervalued businesses.
Prior to his current responsibilities, Mr. Babkes served as Senior Research Analyst at Pzena and has a background that includes roles as an analyst at LG Capital Management and as an investment banker in the restructuring group at Evercore Partners. His experience spans fundamental research, distressed investing, and event-driven hedge fund strategies, with sector coverage focused on U.S. large cap companies across multiple industries.
Mr. Babkes holds an MBA from the Wharton School at the University of Pennsylvania and a BA, cum laude, from Amherst College, reflecting deep expertise in finance and equity research. He has contributed notably to portfolio construction and risk assessment at Pzena, helping guide the firm's disciplined and research-intensive investment process.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Pzena Investment Management | Portfolio Manager | Jan 2022 to Present | — |
| Pzena Investment Management | Senior Research Analyst | May 2018 to Present | — |
| Pzena Investment Management | Research Analyst | May 2016 to Present | — |
| LG Capital | Investment Professional | Apr 2014 to Feb 2016 | — |
| Evercore Partners | Associate, Restructuring and Debt Advisory | Aug 2012 to Apr 2014 | — |
| The Wharton School | MBA Student | Aug 2010 to May 2012 | — |
| Moelis & Company | Summer Associate | Jun 2011 to Aug 2011 | — |
| Chesapeake Partners | Trader | Feb 2008 to Jul 2010 | — |
Education
University of Pennsylvania - The Wharton School
MBA, Finance, General
2010 — 2012
Amherst College
BA
2002 — 2006
Skills & Expertise
Others at Pzena Investment Management LLC (23)
| Name | Role | Location |
|---|---|---|
A Akhil Subramanian | Principal, Portfolio Manager | New York, NY , United States |
| Managing Principal, President, Portfolio Manager | New York, NY , United States | |
A Andrew Chung | Principal, Senior Research Analyst | New York, NY , United States |
E Evan Fox | Principal, Portfolio Manager | New York, NY , United States |
F Frank Hanley | Trader | New York, NY , United States |
J Jason Doctor | Portfolio Manager, Senior Research Analyst, Principal | New York, NY , United States |
| Senior Research Analyst | New York, NY , United States | |
| Head of Trading | Larchmont, NY , United States | |
S Sara Fung | Senior Research Analyst | New York, NY , United States |
| Principal | New York, NY , United States |
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| Associate - Resi Trading | Waterfall Asset Management, LLC | New York, NY , United States | |
A Arjuna Lal | Analyst | Waterfall Asset Management, LLC | New York, NY , United States |