Ariel Investments

Ariel Investments is a premier, boutique asset management firm, with three primary lines of business: Ariel Investments, LLC, Ariel Alternatives, LLC, and Project Level Management Company, LLC. All entities are owned by Ariel Investments Holding Company, LLC. Unless otherwise stated, references herein to "Ariel Investments”, "we" and "us" are meant to capture the conglomerate that includes these affiliated entities. Ariel Investments, LLC is a global value-based asset management firm founded four decades ago in 1983. Ariel is headquartered in Chicago, with offices in New York City and San Francisco. Ariel serves individual and institutional investors through five no-load mutual funds and ten separate account strategies. Our four core values are: Active Patience®, Independent Thinking, Focused Expertise and Bold Teamwork. Ariel Alternatives, LLC, is the private equity affiliate of Ariel Investments, LLC. The firm’s inaugural fund closed with $1.45 billion in committed capital from limited partners and co-investors and seeks to scale sustainable, market-leading businesses in high growth sectors serving Fortune 500 enterprises. Ariel Alternatives pursues a “demand-driven” investment strategy, targeting businesses that are “employers of choice” with leading positions that can deliver innovation and value to customers. Project Level is dedicated to harnessing the rapidly expanding talent, fandom, viewership and media interest in women’s sports. We aim to accelerate growth through diversified investments and meaningful ownership stakes across the industry. Our curated portfolio will span professional and emerging teams and leagues, youth sports opportunities and complementary businesses that support and benefit from the global rise of women’s sports. Our end goal is to elevate the entire sector by building strong, sustainable businesses that compete at the highest level. For disclosures, terms and conditions visit: www.arielinvestments.com/policies-and-disclosures/