Magnetar Financial Llc
- Regulatory AUM
- $32.0B
- Discretionary
- $30.7B
- Clients
- 67
- Avg AUM / client
- $477M
- Accounts
- 72
- Employees
- 209
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Banking or thrift institutions | Fewer than 5 clients | $75.0M | 0.23% |
| Pooled investment vehicles (non-investment companies) | 59 | $30.7B | 96.1% |
| Other investment advisers | 8 | $807M | 2.52% |
| Insurance companies | Fewer than 5 clients | $362M | 1.13% |
Private funds (62)
View all →Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $22.4B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Cnst master | Hedge Fund | Cayman Islands | $2.3B | 1 |
| Cn1 D feeder | Hedge Fund | Cayman Islands | $1.7B | 47 |
| Mpmd master | Hedge Fund | Cayman Islands | $1.5B | 39 |
| Mxmf master | Hedge Fund | Cayman Islands | $1.5B | 1 |
| Mlcc | Hedge Fund | Delaware | $1.4B | 2 |
| Marm master | Hedge Fund | Cayman Islands | $1.3B | 60 |
| Mscf | Hedge Fund | Delaware | $1.3B | 89 |
| Mxhc feeder | Hedge Fund | Delaware | $1.1B | 2 |
| Mlhp | Hedge Fund | Delaware | $721M | 3 |
| Mpfd feeder | Hedge Fund | Cayman Islands | $718M | 30 |
| Cns2 master | Hedge Fund | Cayman Islands | $713M | 2 |
| Pacf | Hedge Fund | Delaware | $711M | 4 |
| Scfd | Hedge Fund | Cayman Islands | $693M | 5 |
| Mufp | Hedge Fund | Delaware | $692M | 4 |
| Masf | Hedge Fund | Delaware | $616M | 2 |
People (9)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Laser, Ross | President | Apr 2005 (21y) | 25% – 50% of Supernova Management Llc (indirect) | |
| Turro, Michael | Chief Compliance Officer | Jun 2005 (21y) | Less than 5% | |
| Litowitz, Alec | Member | Apr 2006 (20y) | 25% – 50% of Supernova Management Llc (indirect) | |
| Wachter, Karl, J | General Counsel | Apr 2010 (16y) | Less than 5% | |
| Rogers, Ernest, Rolland | Chief Operating Officer | Oct 2016 (10y) | Less than 5% | |
| David Jay Snyderman | Chief Executive Officer | Oct 2022 (4y) | 25% – 50% of Supernova Management Llc (indirect) | |
| Damrat, Jessica, L | Chief Financial Officer, Management Company | Apr 2023 (3y) | Less than 5% | |
| Gunasekaran, Naomi | Chief Financial Officer, Liquid Strategies | Apr 2023 (3y) | Less than 5% | |
| Harris, Lavonne, Elaine | Chief Financial Officer, Alternative Credit & Fixed Income | Apr 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Magnetar Capital Partners Lp | Sole Member | Apr 2005 | A | 75% or more |
| Ll Nova Investments Llc | Limited Partner | Apr 2006 | B | ≈ 18.75% – 50% via Magnetar Capital Partners Lp |
| Supernova Management Llc | General Partner | Apr 2006 | B | GP / trustee / elected manager of Magnetar Capital Partners Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ll Nova Investments Llc: 25% – 50% of Magnetar Capital Partners Lp × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (62, $22.4B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Cnst | Hedge Fund | $2.3B | $0 | 1 |
| Cn1 D | Hedge Fund | $1.7B | $100K | 47 |
| Mpmd | Hedge Fund | $1.5B | $0 | 39 |
| Mxmf | Hedge Fund | $1.5B | $0 | 1 |
| Mlcc | Hedge Fund | $1.4B | $0 | 2 |
| Marm | Hedge Fund | $1.3B | $0 | 60 |
| Mscf | Hedge Fund | $1.3B | $100K | 89 |
| Mxhc | Hedge Fund | $1.1B | $100K | 2 |
| Mlhp | Hedge Fund | $721M | $0 | 3 |
| Mpfd | Hedge Fund | $718M | $100K | 30 |
| Cns2 | Hedge Fund | $713M | $0 | 2 |
| Pacf | Hedge Fund | $711M | $0 | 4 |
| Scfd | Hedge Fund | $693M | $100K | 5 |
| Mufp | Hedge Fund | $692M | $0 | 4 |
| Masf | Hedge Fund | $616M | $4.5M | 2 |
| Cn2 A | Hedge Fund | $544M | $100K | 1 |
| Mhm2 | Hedge Fund | $486M | $0 | 2 |
| Mhmf | Hedge Fund | $460M | $0 | 2 |
| Cwoc | Hedge Fund | $439M | $5.0M | 20 |
| Mhmd | Hedge Fund | $426M | $5.0M | 16 |
| Lsop | Hedge Fund | $322M | $0 | 2 |
| Marc | Hedge Fund | $277M | $5.0M | 54 |
| Cwo2 | Hedge Fund | $253M | $5.0M | 100 |
| Maiv | Hedge Fund | $235M | $5.0M | 55 |
| Cwc2 | Hedge Fund | $200M | $5.0M | 9 |
Top 25 of 62 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 14.8 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • EXPENSE PASS-THROUGH
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Goldman Sachs $449M (2% of AUM) Jan 2025
- J.P. Morgan $397M (2% of AUM) Jan 2025
- Morgan Stanley $396M (2% of AUM) Jan 2025
- Deutsche Bank Securities Inc. $111M (1% of AUM) Feb 2019
- RBC $17.1M (0% of AUM) Mar 2024
- Caceis Investor Services Bank S.A. $9.5M (0% of AUM) Jan 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗