Hollywood luminaries out for Oscar night had at least one representative from the investment management world among them: Mellody Hobson, president of Chicago-based Ariel Capital Management since 2000.
Ms. Hobson reportedly attended the 79th Annual Academy Awards alongside “Star Wars” creator George Lucas. She was also Mr. Lucas’ guest at the “Oscars of Washington” — the Kennedy Center Honors — in December. That the two are acquainted isn’t surprising: Ms. Hobson is on the 12-member board of directors for DreamWorks Animation LLC.
Ariel spokeswoman Merrillyn Kosier said the firm does not comment on Ms. Hobson’s personal life.