Magnetar Capital

Magnetar Capital is an alternative asset management firm founded in 2005 and headquartered in Evanston, Illinois. The firm operates across a diverse range of investment strategies, including fixed-income, energy, quantitative, and event-driven approaches.

Historically, the firm was an active participant in the collateralized debt obligation (CDO) market in the period leading up to the 2007-2008 financial crisis. Today, its investment activities are structured across several distinct areas: credit, fixed income, systematic strategies, and venture capital. The firm's systematic strategies are noted to be distinct from traditional data-mined quantitative approaches.

A recent and notable initiative is the firm's entry into venture capital with a fund that offers compute time as a form of capital to artificial intelligence startups, a departure from the conventional cash-for-equity model. This strategy targets early-stage AI companies, providing them with a critical resource for their development.

Magnetar Capital manages capital for its investors, and while specific figures for assets under management are not publicly disclosed, it is positioned as a significant player in the alternative investment space.

Keywords: alternative asset management, fixed-income, credit, systematic investing, venture capital, event-driven strategies, quantitative strategies, collateralized debt obligation, compute capital, AI startups