We are pleased to announce that Matthew G. Simmons has been appointed Chief Executive Officer of Front Line Infrastructure Services, an Ariel Alternatives portfolio company. A third-generation utility services executive with nearly 20 years at Pike Corporation, we believe Simmons's operating experience and understanding of what utilities need from a long-term partner make him the right leader for Front Line's next chapter of long-term grid investment. Welcome aboard, Matt! Read more: bit.ly/4ySwAI0 #ShareAriel

Jason Wright, Managing Partner and Head of Investments at Ariel Project Level, recently participated in @BMO_US's Building Wealth Through Ownership event in Chicago, where he shared his perspectives on the growth of women's sports. Jason joined Catherine Sarr, Channing Johnson and Kelly Powers Baria for a conversation moderated by Karen Freeman-Wilson of the @ChiUrbanLeague to explore business ownership, enterprise value and generational impact. Special thanks to BMO, Darrel Hackett and Chardai Johnson for bringing these leaders together and providing attendees with the opportunity to learn from their wisdom and experience. #ShareAriel #BMOGrowTheGood @whoisjwright

We partnered with global design firm, @Populous to produce our latest whitepaper, “The Infrastructure Advantage: How Purpose-Built Venues Can Unlock Revenue in Women’s Sports.” In the report, we explore how venue ownership and control can reshape the business model for women’s professional teams—generating new revenue streams, deepening fan connection and supporting long-term franchise value. We believe the next decade of value creation in women’s sports belongs to teams that combine strong demand with the infrastructure to support it. Read the full whitepaper: bit.ly/4ikm07B #ShareAriel #WomensSports #SportsBusiness #SportsInfrastructure #VenueDevelopment

We are delighted to welcome two exceptional industry leaders to Ariel: Rodney Cohen and Melody Rollins. Rodney joins Ariel Alternatives as Co-CEO and Chief Investment Officer, bringing more than 30 years of investing and firm-building experience. He will help advance Ariel Alternatives' continued growth, investment deployment and portfolio expansion while serving investors and strategic partners through a long-term, relationship-driven approach. Melody joins the firm as Executive Vice President and Global Head of Distribution. She brings over 25 years of leadership experience across investment management, institutional client strategy and capital raising. Melody will lead efforts to deepen client relationships, expand Ariel's global reach and advance strategic growth initiatives across our public and private equity businesses. We could not be more thrilled that Rodney and Melody have joined the Ariel family. Learn more: bit.ly/4hiQ69B Rodney Cohen bio: bit.ly/4gHl8bX Melody Rollins bio: bit.ly/3UK1e7A #ShareAriel

Students at Ariel Community Academy received a spirited welcome back to school as teachers, families, community partners and local first responders came together to celebrate the start of a new academic year. The day highlighted the strong partnerships that support Ariel Community Academy's longstanding focus on academic achievement and financial literacy. We are proud to celebrate the beginning of another school year and wish our students, families and educators a successful year ahead. #ShareAriel #BackToSchool #FinancialLiteracy #CommunityEngagement #Chicago

Could the WNBA catch hockey? Project Level Managing Partner and Head of Investments Jason Wright sees women's sports as the "small caps" of sports. Pointing to rising @WNBA franchise valuations and record-setting @NWSL expansion fees, he shares why the sector's growth trajectory continues to attract investor attention. Read the article by @FOS: bit.ly/4zp65ea @whoisjwright @denversummitfc #ShareAriel #WNBA #SportsBusiness #WomenInSports #SportsInvesting

On Rapid Response, Ariel Investments Co-CEO and Project Level Founder Mellody Hobson joined host Bob Safian to discuss finding opportunities amid market volatility and relying on data rather than emotion during periods of uncertainty. She also discusses the significant runway ahead for women's sports and how Project Level is investing in the next phase of the industry's evolution. Watch the interview: bit.ly/4qfRSfE @RapidResponseHQ #ShareAriel #MellodyHobson #ProjectLevel #WomensSports

Still reflecting on the conversations from the WNBA All-Star Weekend. A few weeks ago, Jason Wright joined leaders across sports, technology, media and investing at Intersport Hoops House, Chicago Sports Tech Week and the Unstoppable Women's Sports Business Summit. What stood out wasn't just the momentum behind women's sports. It was the quality of the conversations around leadership, innovation, community and long-term value creation. Thank you to the organizers, fellow panelists and everyone who shared insights and perspectives along the way. @whoisjwright @WNBA @IntersportBuzz #ShareAriel #WNBAAllStar #WomensSports #SportsBusiness #ProjectLevel

2Q26 Company Spotlights • Knowles Corporation (KN) | A leading provider of audio components and precision electronic devices • Masco Corporation (MAS) | The world’s largest manufacturer of plumbing fixtures and a leading provider of paint in the United States • Murata Manufacturing Company | A Japanese electronic components leader • Orsted AS | The world’s largest offshore wind developer        These companies were among our portfolio purchases and sales this quarter. Read our latest Company Spotlights to discover why. ➡️ Knowles | This Is Worth Hearing bit.ly/4yQEJNQ ➡️ Masco | Painting a Brighter Picture bit.ly/45IS9hw ➡️ Murata | Fully Charged bit.ly/4z10Elz ➡️ Orsted | Weathering the Storm bit.ly/4w4Fmkt @murata_na @Orsted #ShareAriel #ActivePatience #PortfolioInsights #LongTermInvesting #ValueInvesting

At the For the Long Term Chicago Forum, Christine Phillpotts, Emerging Markets Value Portfolio Manager, joined Delaware State Treasurer Colleen Davis for a dynamic conversation on the evolving opportunities shaping global emerging markets. From governance reforms and supply chain diversification to the critical role emerging markets play in powering the AI revolution, Christine highlighted how these developments are creating new opportunities across industries and regions. She also shared how Ariel's disciplined, value-oriented approach helps uncover companies positioned to benefit from these long-term trends. @TreasurerDavis @ftlongterm #ShareAriel #EmergingMarkets #ValueInvesting

We are excited to announce that Chairman and CEO John W. Rogers, Jr. will be speaking at the #F500Innovation Forum this November in Detroit. Bringing together leaders from Fortune 500 companies, startups, government and academia, the forum will explore what is next for American innovation, competitiveness and leadership. John will share his perspectives on reinvention for the long-term and strategies he prioritizes for enduring value creation in a rapidly changing business environment. Learn more: bit.ly/4bNl3QW @FortuneMagazine #F500Innovation #ValueInvesting #LongTermInvesting

In @barronsonline's Midyear Roundtable, our Chairman and Co-CEO John W. Rogers, Jr. discusses how today's increased volatility is creating opportunities for investors willing to look beyond the market's most popular names. Read John's perspective on value investing, valuation discipline and several areas where he believes fundamentals remain compelling: bit.ly/3T5MjUC #ShareAriel #ValueInvesting #Markets #AssetManagement #ArielInvestments

What does it take to make a Co-CEO partnership work? Mellody Hobson and John W. Rogers, Jr. joined @Bloomberg to discuss the values and accountability behind their approach to shared leadership at Ariel. Read the full conversation: bit.ly/4vGJqqT #ShareAriel #ArielInvestments #Leadership #Partnership

Co-CEO Mellody Hobson joined young future leader Kalani Jules on an episode of CODE Along for a fun and inspiring conversation about the experiences that shaped her journey—from a young girl in Chicago to one of the most powerful leaders in business—highlighting the importance of developing deep expertise, showing bravery in the face of adversity and her New York Times bestselling children’s book, Priceless Facts About Money. Watch now: bit.ly/459J8ha @BlackGirlsCode #Leadership #WomenInLeadership #FutureLeaders #Inspiration #FinancialLiteracy

Congratulations to our very own Asrat Alemu on being named to the RAISE Power 100 in Women's Sport 2026 list, recognizing leaders who are helping shape the business of women's sports. As Vice President of Project Level, Asrat is working to advance Ariel's conviction that women's sports represent a significant and enduring investment opportunity with expanding audiences, growing commercial partnerships and increased institutional interest. Kudos to all those recognized in one of the most dynamic areas in sports and investing. Explore the full list: bit.ly/44zS1QX @raisewomensport #ShareAriel #RAISE100 #WomensSport #SportsBusiness #InstitutionalInvesting

Rebecca Elkins, Principal at Project Level, will join industry leaders at the @SportsPro Investment Summit in London on July 21 for the panel discussion, "How Investable is Women's Sport?" Rebecca will share her perspective alongside leaders from @worldrugby, @monarch_coll and Sphera Partners. As investor interest in women's sports accelerates, the conversation will explore the trends, opportunities and value drivers shaping the market's future. Learn more: bit.ly/4wGYYMh #ShareAriel #SPInvest #WomensSports #SportsInvestment

Wrapped up an incredible school year at Ariel Community Academy! From Career Day inspiration 💼 to enhancements to the school’s Financial Literacy Lab 📈 to hitting the court with the @chicagosky 🏀 to Graduation Day featuring a commencement address by alumnus Myles Gage of @Rapunzl_Invest 🎓 Our students have been learning, growing and applying their knowledge in meaningful ways. We are so proud of how far they have come—and excited for what’s ahead! #ArielAcademy #NextGenLeaders #ChicagoCommunity

We are honored that our own Jason Wright has been named to the inaugural Next Legacy 50 list, recognizing standout voices across athletics, business, venture and philanthropy. Like @NextLegacy_, we are committed to building relationships that deliver long-term benefit for our investors and their communities. Congratulations to @whoisjwright and all those who were recognized. See the full list of honorees: bit.ly/4esSgSf #NextLegacy50 #Leadership #ArielInvestments

In case you missed it, we are sharing a recording of our Semi-Annual Conference Call where Ariel's portfolio management team discussed recent performance across our strategies, the drivers behind today’s highly concentrated market environment and the opportunities they are uncovering through their bottom-up research process. The team highlights key portfolio holdings, examines performance contributors and detractors and shares where they are finding compelling value across sectors and regions. Watch here: bit.ly/3Q3BvoV #ArielInvestments #PortfolioManagement #InvestingInsights #AssetManagement #Markets

We are pleased to welcome our 2026 Summer Intern class to Ariel. From Chicago to New York, this cohort will contribute to our work across research, marketing, public affairs, operations and more. We look forward to their fresh perspectives to help enrich the work we love to do every day. Excited for a successful and rewarding summer together. #Interns2026 #FutureLeaders #TeamAriel