ARIEL ALTERNATIVES, LLC
Adviser information for ARIEL ALTERNATIVES, LLC last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 28 |
|---|---|
| Investment Advisory/Research | 12 |
| Registered Broker-Dealer Representatives | 3 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3 | $1.6B |
| Non-Discretionary | 0 | $0 |
| Total | 3 | $1.6B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 3 | $1.6B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-121577 |
|---|---|
| SEC ERA File Number | 801-121577 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 314178 |
| Legal Entity Identifier | 549300UHD216RMKDGZ56 |
Principal Office
200 E RANDOLPH STREETSUITE 2900
CHICAGO
IL
United States
MONDAY - SUNDAY, M-F 7:30AM - 7PM CT; SAT 9AM - 4PM CT; SUN 10AM - 4PM CT
Tel: 312-726-0140, Fax: 312-726-7473
Chief Compliance Officer
PASCALE M. THOMAS
VICE PRESIDENT, DEPUTY GENERAL COUNSEL
200 E RANDOLPH STREET
SUITE 2900
CHICAGO
IL
United States
Tel:
312-726-0140
Fax:
312-726-7473
P******@*******************M
(Full email address available in API data)
Regulatory Contact
EMMA L. RODRIGUEZ-AYALA
EXECUTIVE VICE PRESIDENT, CHIEF ADMINISTRATIVE OFFICER, GENERAL COUNSEL & SECRETARY
200 E RANDOLPH STREET
SUITE 2900
CHICAGO
IL
United States
Tel:
312-726-0140
Fax:
312-726-7473
E***************@*******************M
(Full email address available in API data)
Industry Affiliates
| ARIEL DISTRIBUTORS, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| ARIEL INVESTMENTS, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PROJECT BLACK COORDINATED PARTICIPATION FUND GP, LP | Sponsor, GP, manager of pooled investment vehicles |
| PROJECT BLACK GP, LP | Sponsor, GP, manager of pooled investment vehicles |
| PROJECT BLACK SPARTA II CO-INVESTMENT MANAGER LP | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| PROJECT BLACK COORDINATED PARTICIPATION FUND, LP | Private Equity Fund | $111.6M | $100.0M | 2 |
| PROJECT BLACK SPARTA II INCLUSION CO-INVESTMENT LLC | Private Equity Fund | $97.5M | $100.0M | 2 |
| PROJECT BLACK, LP | Private Equity Fund | $1,415.0M | $100.0M | 13 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BRUN, LESLIE, ADOLPHE | Individual | – | CHAIRMAN, CHIEF EXECUTIVE OFFICER, CO-FOUNDER, AND MANAGER | 04/2021 | 5-10% |
| ARIEL INVESTMENTS, LLC | Domestic Entity | – | OWNER | 04/2021 | > 75% |
| HOBSON, MELLODY, LOUISE | Individual | ARIEL INVESTMENTS, LLC | CO-CEO, PRESIDENT AND DIRECTOR (AND CO-FOUNDER, ARIEL ALTERNATIVES, LLC) | 05/2000 | 25-50% |
| ARIEL CAPITAL MANAGEMENT HOLDINGS, INC. | Domestic Entity | ARIEL INVESTMENTS, LLC | OWNER | 02/2004 | 25-50% |
| ROGERS, JOHN, WASHINGTON | Individual | ARIEL CAPITAL MANAGEMENT HOLDINGS, INC. | SHAREHOLDER | 02/2004 | 50-75% |
| ALVES, PAGET, LEONARD | Individual | – | MANAGER | 04/2021 | < 5% |
| LEWIS, WILLIAM, MILTON | Individual | – | MANAGER | 04/2021 | < 5% |
| VITALE, DAVID, JOHN | Individual | – | MANAGER | 04/2021 | < 5% |
| ROGERS, JOHN, WASHINGTON | Individual | ARIEL INVESTMENTS, LLC | CHAIRMAN, CO-CEO AND DIRECTOR | 02/2004 | |
| CREMERS, K J, MARTIJN | Individual | ARIEL INVESTMENTS, LLC | DIRECTOR | 07/2019 | |
| DUNCAN, ARNE, STARKEY | Individual | ARIEL INVESTMENTS, LLC | DIRECTOR | 07/2019 | |
| JARRETT, VALERIE, BOWMAN | Individual | ARIEL INVESTMENTS, LLC | DIRECTOR | 07/2019 | |
| TOOKES, HEATHER, ELISE | Individual | ARIEL INVESTMENTS, LLC | DIRECTOR | 07/2019 | |
| WOLFF, PAULA | Individual | ARIEL INVESTMENTS, LLC | DIRECTOR | 07/2019 | |
| MERCHANT, FAZAL, FAROOK | Individual | ARIEL INVESTMENTS, LLC | DIRECTOR | 03/2021 | |
| Romero, Anthony, David | Individual | ARIEL INVESTMENTS, LLC | DIRECTOR | 03/2021 | |
| Smith, Judy, Arline | Individual | ARIEL INVESTMENTS, LLC | DIRECTOR | 06/2021 | |
| CALDERON, CARLOS, ESTUARDO | Individual | – | CHIEF FINANCIAL OFFICER | 06/2021 | < 5% |
| RODRIGUEZ-AYALA, EMMA, LEONOR | Individual | – | CHIEF ADMINISTRATIVE OFFICER, GENERAL COUNSEL & SECRETARY | 01/2023 | < 5% |
| Thomas, Pascale, Marie | Individual | – | CHIEF COMPLIANCE OFFICER AND DEPUTY GENERAL COUNSEL | 05/2023 | < 5% |
| ROGERS, JOHN, WASHINGTON | Individual | – | MANAGER | 11/2023 | 25-50% |
| FULLER, VICKI, LYNN | Individual | – | MANAGER | 11/2023 | < 5% |
| Hawkins, Mark, Joseph | Individual | – | MANAGER | 11/2023 | < 5% |
| Bell, James, Aaron | Individual | – | MANAGER | 11/2023 | < 5% |
| Stewart, Shelley | Individual | – | MANAGER | 11/2023 | < 5% |
| Brown-Philpot, Stacy, ShaRon | Individual | – | MANAGER | 11/2023 | < 5% |
| BONNET, YUE | Individual | – | SENIOR MANAGING DIRECTOR, HEAD OF INVESTMENTS | 02/2024 | < 5% |