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.History
Ariel was founded in 1983 by John W. Rogers, Jr., who is chairman and CEO of the company. 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.
Ariel is a minority-owned investment company. It claims to be the largest minority-owned investment firm. The company also supports the African-American Community of Bronzeville by giving its support to non-for-profits such as The Renaissance Collaborative.
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.
