A private asset management firm affiliated with Ariel Investments, LLC. Our first mission, Project Black, will scale sustainable minority-owned businesses which will serve as suppliers-of-choice to Fortune 500 companies.
We plan to invest in middle-market companies, transforming these entities into certified minority business enterprises.
Fortune 500 companies currently direct an average of only 2%, or $125 billion, of total spend to minority-owned businesses. We aim to close the wealth gap from the entry level to the boardroom.
Today’s societal demands call for pragmatic business solutions to address widespread economic inequality. It is time to stop admiring the problem.