 | |
| Genre | Investments |
|---|---|
| Founded | 1983 |
| Founder | John W. Rogers, Jr. [1] [2] |
| Headquarters | , |
Key people | John W. Rogers, Jr. (Founder, Chairman, Co-CEO and Chief Investment Officer) [3] Mellody Hobson (Co-CEO and President) |
| AUM | $15 billion |
| Website | www |
Ariel Investments is an investment company located in Chicago, Illinois. It specializes in small and mid-capitalized stocks based in the United States. [4]
Ariel was founded in 1983 by John W. Rogers, Jr., who is chairman and Co-CEO of the company. [5] Mellody Hobson has been president of the company since May 2000. In July 2019, Hobson was appointed Co-CEO of the company. [6] The company employs 107 people, with the employees and the board owning 95% of the company. The firm has $15 billion in assets under management as of January 31, 2021. [6]
Ariel is a minority-owned investment company. [7] It claims to be the largest minority-owned investment firm. [5] The company also supports the African-American Community of Bronzeville by giving its support to nonprofits such as The Renaissance Collaborative. [8]
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. [9]
George Walton Lucas Jr. is an American filmmaker and philanthropist. He created the Star Wars and Indiana Jones franchises and founded Lucasfilm, LucasArts, Industrial Light & Magic and THX. He served as chairman of Lucasfilm before selling it to The Walt Disney Company in 2012. Nominated for four Academy Awards, he is considered to be one of the most significant figures of the 20th-century New Hollywood movement, and a pioneer of the modern blockbuster. Despite this, he has remained an independent filmmaker away from Hollywood for most of his career.
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