Active

Ariel Alternatives

Investor type

PE

Founded

2021

AUM

$1 500 M

Location

New York, New York, United States

Investment Ticket

$10-50 m

Investment Stage

Series B Late Stage (Series C+)

Region of investment

North America
Investor profile last updated: 21 February, 2026

Profile

Ariel Alternatives, LLC is a private asset management firm affiliated with Ariel Investments, LLC. Ariel Alternatives is an enterprise newly conceived for the times and built on a four decade-old foundation. The firm's first initiative, Project Black, is on a mission to scale sustainable, middle-market, minority-owned businesses and fuel Fortune 500 vendor diversity.

Co-Founders Leslie Brun and Mellody Hobson share a desire to make a positive impact by investing in the world they want to see. Every individual on the team - at all levels - plays a role that is critical to our firm’s success. We seek subject matter experts who are unapologetically themselves. We encourage our teammates to reach their full potential and give them the runway, support, and resources to succeed.

Ariel celebrates diversity and practices inclusion as a way to get work done – it’s in our DNA. As an equal opportunity employer, our employment decisions are based on business needs, job requirements and individual qualifications without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, ancestry, marital status, parental status, mental or physical disability, military or veteran status, or any other basis protected by federal, state, or local law. Ariel is committed to recruiting and retaining talented applicants, and to providing all employees with a workplace free from discrimination and/or harassment.

Industry

Consumer Products Consumer Services (B2C) Financial Services Fintech Healthcare Services Industrial Media and Entertainment Transportation Technology Infrastructure Logistics

Ariel Alternatives Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Project Black, LP
Private Equity (PE)
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
Healthcare Services
Industrial
Media and Entertainment
Transportation
Technology
Series B
Late Stage (Series C+)
North America
$5-10 m
$1500 M
January 2023

Contacts

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Investment-team contacts for Ariel Alternatives — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Ariel Alternatives

Ariel Alternatives is a private equity firm. It backs companies at Series B and Late Stage (Series C+), writing tickets of $10-50 m.
Ariel Alternatives is located in New York, New York, United States.
Ariel Alternatives was founded in 2021.
Ariel Alternatives invests in companies and startups in Consumer Products, Consumer Services (B2C), Financial Services, Fintech, Healthcare Services, Industrial, Media and Entertainment, Transportation, Technology, Infrastructure, Logistics.
Ariel Alternatives invests in companies and startups in North America.
Ariel Alternatives invests in companies and startups at Series B, Late Stage (Series C+).
Ariel Alternatives usually invests $10-50 m on average.
Ariel Alternatives has around $1 500m assets under management.
Ariel Alternatives last fund was created/launched in 2023-01-15
Ariel Alternatives can be reached through its website arielalternatives.com, its LinkedIn page and its X account. Its general enquiries address is communications@arielinvestments.com. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Ariel Alternatives — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 21 February, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.