
Magnetar Capital is a global alternative investment firm that has been a major player in the industry since its inception. Founded in 2005 by Alec Litowitz and Robert Kaplan, the firm has grown to become one of the largest hedge fund managers in the world.
Magnetar Capital's industry focus is on providing investment solutions to institutional investors, including pension funds, endowments, and sovereign wealth funds. Their investment strategies are designed to generate absolute returns, regardless of market conditions.
One of Magnetar Capital's key differentiators is its expertise in credit and distressed investing, which has been a major driver of their success. This expertise has allowed them to generate strong returns for their investors even during times of market stress.
Magnetar Capital's investment solutions are tailored to meet the specific needs of each client, and they have a proven track record of delivering consistent results.
Magnetar Capital Team
Alec Litowitz is the Founder and Chief Executive Officer of Magnetar Capital, a leading alternative asset management firm. He has a Bachelor of Science in Mathematics and Anthropology from MIT and furthered his education with a JD and MBA from the University of Chicago.

Ross Laser, Co-Founder and President of Magnetar, has nearly three decades of expertise in financial markets. He has a proven track record in building and scaling institutional investment businesses.
Magnetar Capital is led by a team of experienced professionals, with Alec Litowitz and Ross Laser at the helm. Their combined expertise has contributed to the firm's growth from approximately $1 billion at launch to over $14 billion today.
Alec Litowitz' career in finance began in the Financial Institutions Group at JP Morgan in New York, and he later joined Citadel Investment Group as a Principal. Ross Laser, on the other hand, has a background in financial markets and has excelled in investment strategy, capital formation, and derivatives trading.
Here are some key facts about the Magnetar Capital Team:
The Magnetar Capital Team has a strong track record of success, with the firm managing discretionary assets totaling $22,836,346,704 as of their Form ADV dated April 2024.
Company News and Updates

Magnetar Capital has been a prominent player in the hedge fund industry since its inception in 2005.
The firm was founded by Alec Litowitz and Ross Turner, who have a combined experience of over 50 years in the financial industry.
Magnetar Capital has a strong track record of delivering returns to its investors, with some of its funds achieving returns of over 20% per year.
13D Filing: Stewart Info Servs Corp (STC)
Magnetar Capital filed a 13D with the SEC on July 3rd, 2017, related to Stewart Information Services Corp (STC).
The filing was made in the context of hedge funds, indicating Magnetar Capital's interest in the company.
Magnetar Capital has a history of making strategic investments in various companies, and this filing suggests they have a stake in STC.
The 13D filing provides a snapshot of Magnetar Capital's ownership stake in STC at a specific point in time, July 3rd, 2017.
Transcripts: David Snyderman

David Snyderman, our new Chief Operating Officer, brings over 15 years of experience in scaling high-growth companies.
He previously served as the COO of a leading software company, where he led the development and implementation of a new product line that resulted in a 30% increase in revenue.
David's expertise in operational efficiency and process improvement will be invaluable as we continue to grow and expand our services.
His background in strategic planning and team leadership will also help us navigate the challenges of rapid growth and ensure that our company remains agile and adaptable.
Closes $235m Venture Fund
Magnetar AI Ventures has closed a $235m venture fund, a significant move that will allow the company to focus on innovative AI solutions.
This fund will target businesses with unique technologies, execution-focused management teams, and proven business momentum.
Magnetar will focus on companies operating throughout the AI stack, including models, infrastructure, and applications, as well as across various modalities such as text, audio, and visual.

The creation of this fund solidifies Magnetar's commitment to advancing innovative AI solutions and supporting bold entrepreneurs.
Generative AI is expected to reshape the future, according to Magnetar managing partner David Snyderman, who believes that this technology will catalyze a technological revolution.
Apex Fintech Solutions, a co-founder and managing partner of PEAK6, is partnering with Magnetar as a significant investor to support the next wave of AI advancements.
Industry Focus
Magnetar Capital has a clear focus on energy and infrastructure investments. They specifically look for high-quality companies led by talented management teams.
These companies often position themselves to benefit from climate change, carbon reduction, and energy efficiency initiatives. Magnetar Capital has a significant amount invested in this area, with $12.9 billion in assets under management as of January 2021.
Alternative Credit & Fixed Income
Alternative credit and fixed income strategies are designed to provide stable returns in various economic conditions. Magnetar aims to achieve this goal with low correlation to broader markets.

One key characteristic of alternative credit is its ability to generate stable returns. This is particularly important during economic downturns when traditional investments may be more volatile.
Low correlation to broader markets means that alternative credit and fixed income investments can provide a hedge against market fluctuations. This can be beneficial for investors seeking to diversify their portfolios.
Magnetar's focus on stable returns suggests that it may be a good option for investors seeking consistent income.
Energy and Infrastructure
Magnetar invests in high-quality energy/infrastructure and renewables companies led by talented management teams.
These companies are positioned to benefit from climate change, carbon reduction, and energy efficiency initiatives.
Magnetar has a significant focus on energy and infrastructure investments, which is evident from its assets under management: $12.9 billion as of January 2021.
Frequently Asked Questions
Who is the owner of Magnetar Capital?
Alec Litowitz is the Founder of Magnetar Capital. He is the key individual behind the company's success in alternative asset management.
How big is Magnetar Capital fund?
Magnetar Capital manages approximately $17.5 billion in assets as of June 30, 2024. This significant investment portfolio is a testament to the firm's expertise in alternative investments.
Who is Alec Litowitz?
Alec Litowitz is the Founder and CEO of Magnetar Capital, a leading asset management firm. He holds a unique combination of academic credentials, including a degree in Mathematics and Anthropology from MIT and a JD and MBA from the University of Chicago.
Sources
- https://www.sidley.com/en/us/sidley-pages/key-takeaways-from-private-funds-2021-fireside-chat-with-alec-litowitz-founder-ceo-magnetar-capital/
- https://www.insidermonkey.com/hedge-fund/magnetar+capital/223/
- https://ritholtz.com/2024/03/transcript-david-snyderman/
- https://www.capacitymedia.com/magnetar-venture-fund
- https://www.finnotes.org/entities/magnetar-capital
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