Overview
                                    
                                    
                                        
                                            Magnetar  Financial  LLC  (“Magnetar”  or  the  “Investment  Manager”)  is  a  Delaware  limited 
liability  company  and  has  been  an  SEC  registered  investment  adviser  since  September  2005.  
Magnetar Capital Partners LP is the sole member of Magnetar Financial LLC.  The general partner 
of Magnetar Capital Partners LP is Supernova Management LLC.  Supernova Management LLC 
is owned by David Snyderman, Ross Laser and Alec Litowitz.   
Effective  October  24,  2022,  David  Snyderman  was  appointed  Chief  Executive  Officer  of 
Magnetar. 
Magnetar Financial LLC serves as the investment manager for, and provides discretionary and may 
at  times  provide  non-discretionary  investment  advisory  services  to,  several  U.S.  and  non-U.S. 
private  investment  funds  and  separately managed  accounts.    The  private  investment  funds  and 
separately managed accounts may pursue a single strategy or multiple strategies and may invest in 
a wide range of securities, derivatives and other assets.  “  The private investment funds for which 
Magnetar acts as investment manager are referred to collectively as the “Funds.”  The Funds can 
be broadly categorized as “Internal Funds,” which are anticipated to have as their only investors 
one or more of the other Funds,  and “External  Funds,” which  accept  investments from outside 
investors.  The External Funds may invest any or all of their assets into one or more Internal Funds 
rather than trading directly. 
Magnetar has full discretion in trading on behalf of the Funds.  Magnetar does not require, and 
does not seek, approval from the Funds or the investors in the Funds with respect to its trading.  
Magnetar
                                        
                                        
                                              provides  discretionary  (and,  in  some  cases,  non-discretionary)  investment  advisory 
services to separately managed accounts and, as such, will tailor its advisory services to the needs 
of the client which owns the separately managed account.  The separately managed accounts for 
which Magnetar acts as investment manager are referred to collectively as the “SMAs.”  Investors 
may impose restrictions on investing in certain securities or types of securities in a SMA.  
Magnetar also manages co-investment funds, funds of one, including funds of one that may invest 
solely through co-investment funds managed by Magnetar, and certain other investment vehicles.  
Where appropriate under the circumstances, Magnetar also expects to serve as investment advisor 
and/or  sub-adviser  to  additional  accounts,  products  or  private  investment  funds  in  the  future, 
including funds of one and other pooled investment vehicles.  
Together, the Funds and SMAs are referred to collectively herein as the “Clients”. 
As of December 31, 2023, Magnetar managed $23,106,396,704 of gross client assets, substantially 
all of which are managed on a discretionary basis. 
The descriptions set forth in the Brochure of specific advisory services that Magnetar offers 
to  Clients,  and  investments  made  by  Magnetar  on  behalf  of  its  Clients,  should  not  be 
understood to limit in any way Magnetar’s investment activities. Magnetar may offer any 
advisory services, engage in any investment strategy and make any investment including any 
not described in this Brochure, that Magnetar considers appropriate, subject to each Client’s 
investment objectives and guidelines.