ARIEL INVESTMENTS

Since our founding in 1983, much has changed in the investment world, but a clear mission has consistently defined who we are and what we do. We use the market's short-term focus to uncover mispriced companies whose true value will be realized over time. We began as a small- and mid-cap value manager, and evolved strategically to offer three approaches - all of which seek out attractive intrinsic value through relatively concentrated portfolios. Intensive fundamental research is essential to our proprietary investment processes. We also value the importance of learning in a broader context and are committed to promoting education and financial literacy.