Form D · Other Investment Fund

Ariel International DM/EM LLC

Chicago, IL · CIK 0001703033

Offering snapshot reported Jul 10, 2025 · SEC filing

Reported sold
$685M
Indefinite offering
Investors reported
19
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Mar 31, 2017
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$342M$685MApr 6, 2021: $525,944,993.00Apr 6, 2021Apr 7, 2022: $632,344,993.00Apr 7, 2022Apr 13, 2023: $673,344,993.00Apr 13, 2023Apr 5, 2024: $683,344,993.00Apr 5, 2024Apr 11, 2025: $684,844,993.00Jul 10, 2025: $684,844,993.00Jul 10, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$673,344,993 → $684,844,993

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 10, 2025Amendment$684,844,993$11,500,000vs Apr 13, 202319SEC filing
Apr 11, 2025Amendment$684,844,993$11,500,000vs Apr 13, 202319SEC filing
Apr 5, 2024Amendment$683,344,993$10,000,000vs Apr 13, 202319SEC filing
Apr 13, 2023Amendment$673,344,993$41,000,000vs Apr 7, 202219SEC filing
Apr 7, 2022Amendment$632,344,993$106,400,000vs Apr 6, 202117SEC filing
Apr 6, 2021Amendment$525,944,993No comparisonNot reportedSEC filing
Apr 6, 2020Amendment$414,244,993$162,950,000vs Apr 5, 201911SEC filing
Apr 5, 2019Amendment$251,294,993$300,000vs Apr 6, 20188SEC filing
Apr 6, 2018Amendment$250,994,993$214,406,397vs Apr 7, 20177SEC filing
Apr 7, 2017Initial$36,588,596No comparison4SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
3C.7, 06b, 3C
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0
Form D file number
021-284273
The total amount sold and the number of investors do not take redemptions into consideration.
Limited liability company interests. The minimum capital contribution of $5,000,000 may be modified by the Managing Member of the Issuer, in its sole discretion.
The person named in Item 12 is a wholly owned subsidiary of the Managing Member and will not receive any sales commission or other renumeration.

Sales compensation recipients

Scroll to see all columns →

RecipientCRDAssociated broker-dealer
NoneNoneAriel Distributors, LLC · CRD 38333

Source: Form D, filed Jul 10, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

ARIEL INTERNATIONAL DM/EM LLC

Investment adviser: ARIEL INVESTMENTS, LLC

Gross asset value
$111M
Beneficial owners
6
ADV minimum commitment
$5M

Reported in Form ADV on Jul 28, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No
Marketer ARIEL DISTRIBUTORS, LLC CHICAGO, Illinois, United States Related to adviser: Yes
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

DELOITTE & TOUCHE LLP
PCAOB 34

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

ARIEL DISTRIBUTORS, LLC
CRD 38333 · SEC 8-48238

Filing source

Form ADV 2122532 · Jul 28, 2026 · Schedule D 7.B.(1), fund 805-9425315313

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
N/A (Entity) Ariel Distributors, Llc Promoter
N/A (Entity) Ariel Investments, Llc Director
N/A Ariel Investments, Llc Executive
K. J. Martijn Cremers, Ph D Director
Martijn Cremers, Ph D Director
Arne S. Duncan Director
Mellody L. Hobson Director, Executive
Valerie B. Jarrett Director
Fazal F. Merchant Director
Emma L. Rodriguez Ayala Executive
John W. Rogers, Jr. Director, Executive
Anthony D. Romero Director
Susan L. Schoenberger Executive
Judy A. Smith Director
Heather E. Tookes, Ph D Director
David Vitale Director
Paula Wolff Director
Paula Wolff, Ph D. Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
200 East Randolph Street Suite 2900
Chicago, IL, 60601