From: Greta Larson Date: April 21, 2023 Subject: Ariel Investments founder John W. Rogers, Jr. - on campus 4/27 - Invitation from Heilbrunn Center
Dear Students - the Heilbrunn Center has kindly extended the invite to this event -- please consider joining! Ariel Investments recently expanded to PE as well.
According to a Feb 1 article in the WSJ "Ariel Investments is expanding into private equity with a new fund aimed at filling what the asset manager sees as unmet demand for minority-led suppliers to Fortune 500 companies.
Ariel Alternatives LLC, the private-equity arm of the Chicago fund manager, said it raised $1.45 billion for Project Black LP, its inaugural commingled investment vehicle."