United States · Investor

Magnetar Capital

Last cheque observed Oct 2026; 5 cheques on record.

Deploying nowNew fund $829M, Dec 2025Hedge fund

GrowthSeries BSeries DFinancial ServicesSaaSAsset Management

Deploying now
100%of best year1cheques in 12 months, 5 on record
Since the last cheque30days00hrs00min00sec
Median round$120MRounds led0 of 5Exits1 from the portfolioMostly inUnited States, 100%
Pitch Magnetar Capital

Magnetar Capital highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Growth and Series B: 40% of its rounds

  3. 03

    1 exits from the portfolio

What they do

Type
Hedge fund (from a list, unverified)
Cheque size
Not stated
Sectors
Financial ServicesSaaSAsset Management
Based in
Evanston, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first5 appearances

  1. 2026

    1 round

  2. Oct
    HomewardSeries D · US · Crunchbase News$120MWith 10 others
  3. 2025

    1 round

  4. Feb
    OpenAIGrowth · US · Crunchbase News$40BWith 6 others
  5. 2019

    1 round

  6. Aug
    Exo ImagingSeries B · US · FinSMEs$35MWith 10 others
  7. 2007

    1 round

  8. Apr
    SurgRx, IncSeries F · US$20MWith 5 others
  9. 2006

    1 round

  10. Dec
    KinteraVenture · US$4.5MWith 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration21 named

ASAlan S. MilgateDirectoriFiling they signed
ANAlec N. LitowitzExecutive OfficeriFiling they signed
CAChristopher Alan BoddenDirectoriFiling they signed
DJDavid Jay SnydermanChief Executive OfficeriForm ADV
DSDavid S. SyndermanExecutive OfficeriFiling they signed
ERErnest Rolland RogersChief Operating OfficeriForm ADV
GNGregory N. BennettDirectoriFiling they signed
HSHayley SteinExecutive OfficeriFiling they signed
JLJessica L DamratChief Financial Officer, Management CompanyiForm ADV
KJKarl J WachterGeneral CounseliForm ADV
LELavonne Elaine HarrisChief Financial Officer, Alternative Credit & Fixed IncomeiForm ADV
MNMichael N. TurroChief Compliance OfficeriForm ADV
MAMichelle Alan MorganDirectoriFiling they signed
MNMike N TurroExecutive OfficeriFiling they signed
NGNaomi GunasekaranChief Financial Officer, Liquid StrategiesiForm ADV
PSPaul SmithExecutive OfficeriFiling they signed
RERichard E DouglasDirectoriFiling they signed
RNRoss N. LaserExecutive OfficeriFiling they signed
SAS. Alan E.J. MilgateDirectoriFiling they signed
WEWilliam E.J. WalDirectoriFiling they signed
WEWilliam E.J. WalmsleyDirectoriFiling they signed

We also hold 19 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$34Bassets it manages, 2 advisers combinedOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Magnetar Asset Management LLC
SEC number
CRD 285287

Funds on its Form ADV

62 private funds, $22B in gross assets · filed Nov 2024

  1. CNSTHedge1 investor$2.3B
  2. CN1DHedge47 investors$1.7B
  3. MPMDHedge39 investors$1.5B
  4. MXMFHedge1 investor$1.5B
  5. MLCCHedge2 investors$1.4B
  6. MARMHedge60 investors$1.3B
  7. MSCFHedge89 investors$1.3B
  8. MXHCHedge2 investors$1.1B
  9. MLHPHedge3 investors$721M
  10. MPFDHedge30 investors$718M

And 52 more on the filing.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

KinteraBought by Blackbaud$48MJul 2008

An exit counts when it came after the firm's first round in the company. From historical deal records.

Recently backed

The latest companies Magnetar Capital put money into.

On podcasts

2 episodes naming Magnetar Capital in the title, and 3 more that mention it.

Mentioned in

Quick answers about Magnetar Capital

What does Magnetar Capital invest in?

Magnetar Capital invests most often at Growth and Series B (40% of the rounds on record), in sectors such as Financial Services, SaaS and Asset Management.

How active is Magnetar Capital?

5 investments on record, 1 of them in the last 12 months. The most recent was in Oct 2026.

What has Magnetar Capital invested in recently?

Its most recent investments on record: Homeward (Series D, Oct 2026), OpenAI (Growth, Feb 2025) and Exo Imaging (Series B, Aug 2019).

How big are Magnetar Capital's cheques?

The median round it joins is $120M.

Does Magnetar Capital lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

Where does Magnetar Capital invest?

Most of the companies it backs are in the United States (100%).

Is Magnetar Capital investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

What kind of investor is Magnetar Capital?

Magnetar Capital is a hedge fund based in Evanston, United States.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it