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Ariel Investments, LLC

● SEC registered since 1983CRD 108211SEC# 801-18767Chicago, IL
Export (members)
Ranks #740 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$12.78B
Fund GAV
$205.5M
Private funds
3
Employees
109
Accounts
146
Location
Chicago, IL

Ariel Investments, LLC assets under management

Ariel Investments, LLC is a registered investment adviser overseen by the SEC based in Chicago, IL. The firm has been registered since 1983. It reports $12.8 billion in regulatory assets under management and employs 109 people. Ariel Investments, LLC manages 3 private funds with combined gross assets of $205.5 million, including Ariel International Dm/Em LLC. By regulatory assets, it ranks 740 of 6,004 private fund managers.

Ariel Investments, LLC private funds

3 funds · $205.5M GAV
FundTypeGross assetsMin.
Ariel International Dm/Em LLCOther Private$110.9M$5M
Ariel Emerging Markets Value Fund, LLCOther Private$74.5M$10M
Ariel Emerging Markets Value Ex-China Fund LLCOther Private$20M$10M

Ariel Investments, LLC owners & executives

21 reported
NameTitleOwnershipSince
Anthony David Romero ControlDirectorUnder 5%2021
Ariel Investments Holding Company, LLC ControlMemberOver 75%2025
Arne Starkey Duncan ControlDirectorUnder 5%2019
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Frequently asked questions

How much does Ariel Investments, LLC manage?

Ariel Investments, LLC reports $12.8 billion in regulatory assets under management on its Form ADV.

How many private funds does Ariel Investments, LLC manage?

Ariel Investments, LLC manages 3 private funds with combined gross assets of $205.5 million.

How many employees does Ariel Investments, LLC have?

Ariel Investments, LLC reports 109 employees.

Where is Ariel Investments, LLC located?

Ariel Investments, LLC is based in Chicago, IL and has been SEC-registered since 1983.

Does Ariel Investments, LLC disclose fund performance?

Ariel Investments, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address200 East Randolph Street, Suite 2900, Chicago, IL 60601-6505
Phone312-726-0140
Fax312-726-7473
Office hoursM-F 7:30a.m. - 7p.m.; Sat 9a.m. - 4p.m.; Sun 10a.m. - 4p.m.
SEC regionChicago Regional Office (CHRO)
CIK936753
Discloses disciplinary historyNo

Regulatory AUM

$12.78B▼ 5%
Jan '25 — $13.39BFeb '25 — $13.39BMar '25 — $12.37BApr '25 — $12.37BMay '25 — $12.37BJun '25 — $12.37BJul '25 — $12.37BAug '25 — $12.37BSep '25 — $12.37BOct '25 — $12.37BNov '25 — $12.37BDec '25 — $12.37BJan '26 — $12.37BFeb '26 — $12.37BMar '26 — $12.78BApr '26 — $12.78BMay '26 — $12.78BJun '26 — $12.78B
Jan '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 7%
Larger than 93% of 16,271 advisers
AUM vs fund managersTop 12%
Larger than 88% of 6,004 private-fund managers
Number of fundsTop 53%
More funds than 47% of fund managers
EmployeesTop 7%
More than 93% of 16,825 advisers

Assets under management

$12.78Bregulatory AUM
Discretionary $12.78B

Service providers

Auditor
Administrator