Domestic
What is the jump in discount rate as you move from moderate to high on an ESG rating?
25 bps
Which analyst on the I/G team is a medical doctor? First & Last name required.
Barney Rosen
What year was Ariel Community Academy (ACA) founded?
1996
The length of the Fund's initial investment period upon final closing
7 years
What is the full name of the David Rubenstein book we read?
How to Invest: Masters on the Craft
Inception date of the Ariel Fund? Format in MM/DD/YY
11/06/1986
What's the name of the sellside firm that Rupal joined post MBA?
Crosby Securities
Where did Henry Mallari-D’Auria go for undergrad?
Trinity College
The Fund plans to pursue up middle-market portfolio companies with this range in revenue
$100 million to $1 billion
Which team beat Princeton in the Sweet 16 of 2023 March Madness?
Creighton
How much weight should a high conviction / medium discount name get in the portfolio? Answer can be in range.
2-3.5%
In step 1 of the process, 60% of the universe is eliminated. What happens to the other 40%?
20% is deemed efficiently priced, and the rest of 20% get a closer look
What's the number of employees in the Ariel presentation as of 3.31.23?
122
How much ownership did Ariel acquire Sorenson in the initial transaction?
52.5%
On the night of Feb 7th, how many points did Lebron need going into the OKC game to break Kareem's all-time scoring record?
36 points
What is the longest held name in the SMID strategy?
JM Smucker Co
AUM in the DM/EM private fund as of 3.31.23?
$500M
What are the target holdings for the EM and EMxC portfolios?
EM: 60-75 / EMxC: 45-60
Ariel’s Chief Procurement Officer (CPO) Council is led by this Ariel Alternatives Advisory Board Member
Shelley Stewart, Jr.
For our first team dinner in Chicago at Aba in the fall of 2022, whose reservation was it under?
Les Coney
Largest contributor to the Ariel Fund in the past 5 years? (as of 3.31.23)
Zebra Tech
What does the standard fee schedule for a $100M I/G mandate look like?
0.80% on the first $25 million, 0.75% on the next $25 million, 0.65% on the next $50 million
What are the 4 reasons for investing in emerging markets now?
1) inefficiency in asset class 2) allocator portfolios underweight 3) attractive valuation 4) high earnings growth potential from secular and cyclical sources
Name 5 Project Black Co-investors / LPs excluding JPM
AmerisourceBergen, Amgen, Ballmer, Hobson/Lucas Family Foundation, Lowe’s, Merck & Co., NextEra Energy, Nuveen, QIA, Salesforce, Synchrony, Truist, Walmart
Who is quoted on the cover of the Mindset book?
Bill Gates