Ariel Investments

Ariel Investments is an investment company located in Chicago, Illinois. It specializes in small and mid-capitalized stocks based in the United States.[3]

Ariel Investments
GenreInvestments
Founded1983
FounderJohn W. Rogers, Jr.[1][2]
Headquarters
Chicago, Illinois
,
United States

History

Ariel was founded in 1983 by John W. Rogers, Jr., who is chairman and CEO of the company.[4] Mellody Hobson has been president of the company since May 2000. The company employs 88 people, with the employees and the board owning 95% of the company. It has over $10 billion under management.[5]

Ariel is a minority-owned investment company.[6] It claims to be the largest minority-owned investment firm.[4] The company also supports the African-American Community of Bronzeville by giving its support to non-for-profits such as The Renaissance Collaborative.[7]

Through former Mayor Daley’s New School Initiative Program, Ariel Investments was awarded a corporate sponsorship of a Chicago public school in 1996. Hence, the birth of Ariel Community Academy – a public school located on the Southside of Chicago.[8]

References
  1. "Mellody Hobson: Incentivizing Better Racial Relationships | Chief Investment Officer". www.ai-cio.com. Retrieved 2020-06-17.
  2. Pound, Jesse (2020-03-12). "Ariel Investments' John Rogers is 'hunkered down' but sees value in these stocks". CNBC. Retrieved 2020-06-17.
  3. Dow Jones Newswires, February 19, 2013, TIP SHEET: Ariel Fund Well Positioned for Economic Upturn
  4. Quiñones, Eric (2013-07-22). "Former Men's Basketball Captain John Rogers '80 Wins Woodrow Wilson Award". Princeton University. Retrieved 2008-12-16.
  5. "About Ariel". Ariel Investments. Retrieved 2013-06-24.
  6. https://www.sec.gov/comments/4-626/4626-35.pdf
  7. http://www.trcwabash.org/sponsors.html
  8. "Ariel Investments - Ariel Community Academy". www.arielinvestments.com. Retrieved 2019-02-20.
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