What does Ariel Investments do?

Ariel Investments is a global asset management firm founded in 1983 by John W. Rogers, Jr. It is recognized as the first Black-owned mutual fund company in the United States and is headquartered in Chicago, with additional offices in New York City, San Francisco, and Sydney. The firm manages approximately $16.2 billion in assets, serving both individual and institutional investors through a variety of investment vehicles, including mutual funds, separate accounts, and private strategies. Ariel Investments employs a value-oriented investment philosophy known as Active Patience®, focusing on undervalued small- and mid-cap stocks held for extended periods. The firm offers five no-load mutual funds, nine separate account strategies, and institutional services for pension plans and foundations. Its subsidiary, Ariel Alternatives, includes initiatives like Project Black®, which invests in minority-owned businesses, and Project Level, which focuses on women's sports investments. Ariel emphasizes long-term growth and high-quality investments, aiming to support sustainable business practices and diversity in supply chains.