Ariel Investments, LLC
Location
Illinois
Founded
2003-02-14
Website
Risk Signals
54 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Investment Advice), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Ariel Investments, LLC
Live alerts from global media, monitored by Business Radar
2022-06-02 (forbes.com)
This Black-Owned Private Equity Firm Wants To Turn Supply Chains Into Cash Cows
After flipping a trucking company for an 8x return in under three years, Nick Antoine and Chad Strader are opening their private equity shop, Red Arts Capital, to outside investors.
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(shoppeblack.us)
Largest Black Owned Mutual Fund Secures $200 Million Investment To Scale Minority Owned Businesses
Ariel Investments, the largest Black owned mutual fund, is launching a private investment firm which will focus on funding and scaling...
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(blackenterprise.com)
Mellody Hobson Raises $1.45B For Project Black Fund
Investors for the Project Black fund committed between $100 million to $200 million over the fund's seven-year investment period.
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(citybiz.co)
Vanguard Announces Advisory Changes for Vanguard Explorer Value Fund |
Vanguard today announced changes to the investment advisory arrangements of Vanguard Explorer Value Fund. Wellington Management Company LLP joins the... Read More
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(fortune.com)
Mellody Hobson | 100 Most Powerful People in Business
At a time when many U.S. companies are turning away from DEI efforts owing to the political climate, Mellody Hobson remains committed to opening doors for others—and ensuring that corporate America is still practicing what it preaches. Hobson has been the co-CEO of Ariel Investments, the first Black-owned mutual fund company in the U.S., since 2019. Hobson has never shied away from the importance of representation. She was the only Black female chair of a Fortune 500 company when she became Starbucks' chair in 2021. In September, she forfeited that role in Starbucks' CEO shake-up that replaced Laxman Narasimhan with Chipotle's Brian Niccol, who also became Starbucks' chairman. Hobson, who remains a Starbucks director, is credited with selling Niccol on the CEO job, a high-stakes pitch aimed at satisfying frustrated shareholders as well as activist investors who were circling the coffee chain. Hobson also advocates for closing the U.S. racial wealth gap.
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