MAGNETAR FINANCIAL LLC other names

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

175 -7.89%

of those in investment advisory functions:

59 -14.49%

Registration:

SEC, Approved, 8/30/2005

AUM:

23,106,396,704 -6.63%

of that, discretionary:

22,836,346,704 -7.67%

GAV:

15,460,827,314 -35.24%

Avg Account Size:

316,525,982 2.32%

SMA’s:

YES

Private Funds:

56 11

Contact Info

847 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
29B 25B 21B 17B 13B 8B 4B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Magnetar Financial LLC Acquires Shares in MedTech Acquisition Corp
08/15/2023

Related Stocks: MTACU, NUVA, ABT, UNVR, FOCS, ACI,

gurufocus.com

Magnetar Financial LLC Reduces Stake in MedTech Acquisition Corp
07/28/2023

Related Stocks: MTACU, ABT, EHC, MCK, UNVR, CVII,

gurufocus.com

Magnetar Financial LLC Acquires Stake in Quotient Technology Inc
07/20/2023

Related Stocks: QUOT, ABT, EHC, MCK, UNVR, CVII,

gurufocus.com

Magnetar Financial adds new stakes in Shake Shak, Ferrari, boosts Encompass Health
05/15/2023

Seeking Alpha

Top 5 4th Quarter Trades of Magnetar Financial LLC
02/18/2023

Related Stocks: IAA, AJRD, CHNG, HZNP, CVII.U,

gurufocus.com

Top 5 3rd Quarter Trades of Magnetar Financial LLC
11/15/2022

Related Stocks: WHLR, IRBT, COWN, VIVO, VAL,

gurufocus.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 56 $15,460,827,314

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Private Funds



Employees




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Brochure Summary

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 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. Magnetar Financial LLC is also the managing member of MTP Energy Management LLC, which acts as the investment manager for, and provides discretionary investment advisory services to, private investment funds and separately managed accounts focusing on energy and infrastructure related investments. Additionally, Magnetar Financial LLC wholly owns MTP Infrastructure Partners LLC which is an indirect subsidiary of Magnetar Financial LLC. MTP Infrastructure Partners LLC acts as the investment manager for, and provides discretionary investment advisory services to, private investment funds and may also provide such services to separately managed accounts focusing on climate infrastructure related investments. Magnetar Financial LLC, MTP Energy Management LLC and MTP Infrastructure Partners LLC are collectively referred
to in this Brochure as “Magnetar” unless the context otherwise requires. 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 Financial LLC has full discretion in trading on behalf of the Funds. With respect to certain Funds managed by MTP Energy Management LLC and MTP Infrastructure Partners LLC, an Investment Committee comprised of Magnetar employees has ultimate investment discretion. In all other Funds managed by MTP Energy Management LLC and MTP Infrastructure Partners LLC, they exercise full investment discretion. 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. Together, the Funds and SMAs are referred to collectively herein as the “Clients”. As of December 31, 2022, Magnetar managed $ 24,747,384,065 of gross client assets, substantially all of which are managed on a discretionary basis.