Ariel Alternatives
Private Equity SEC-registered adviser
Legal name: Ariel Alternatives, LLC
AUM
$1.5B
Regulatory AUM
Private funds
6
Private Equity 6
Private fund assets
$1.7B
Gross asset value
Employees
57
Last Form D raise
Sep 2022
Most recent fund filing
From SEC Form ADV filing (filed Jul 16, 2026). View on SEC
People(15)
Owners and executive officers named on the firm's SEC Form ADV.
A
A
C
D
E
J
J
J
K
L
M
Co-Ceo, President and Director (and Co-Founder, CEO and Manager, Ariel Alternatives, LLC), Ariel Investments Holding
P
Funds(6)
Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.
| Fund | Type | Gross assets | Raised (Form D) | Investors | Last Form D | Recency |
|---|---|---|---|---|---|---|
| Project Black, LP | Private Equity | $1.2B | $1.1B | 11 | Sep 2022 | Cold |
| Groome Pb Co-Invest Aggregator, LLC | Private Equity | $176.5M | $1.1B | 11 | Sep 2022 | Cold |
| Project Black Nus, LP | Private Equity | $101.8M | $1.1B | 11 | Sep 2022 | Cold |
| Project Black Sparta II Inclusion Co-Investment LLC | Private Equity | $91.9M | $1.1B | 11 | Sep 2022 | Cold |
| Fuse Pb Co-Invest Aggregator, LLC | Private Equity | — | $1.1B | 11 | Sep 2022 | Cold |
| Project Black Coordinated Participation Fund, LP | Private Equity | $102.2M | — | — | Sep 2021 | Cold |
Board seats
Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.
No board seats matched from SEC filings yet.
Regulatory identifiers
- CRD number
- 314178
- SEC file number
- 801-121577
Sources
- SEC Form ADV Oct 14, 2026