MAGNETAR ASSET MANAGEMENT LLC

RIASEC RegisteredEst. 2017
Total AUM
$1.9B
Discretionary
$1.9B
100% of AUM
Avg account
$384M
Accounts
5
Employees
167
Advisory reps
7

Firm details

Headquarters
EVANSTON, Illinois
CRD number
285287
Registered since
January 9, 2017
Custodians
MORGAN STANLEY & CO. LLC
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Sovereign Wealth Funds64.94%
  • Other Investment Advisers24.66%
  • Investment Companies10.41%
Services
Portfolio Management for Investment CompaniesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Magnetar Asset Management LLC is an institutional-focused investment adviser organized as a limited liability company and registered with the SEC in 2017. The firm concentrates on portfolio management for investment companies and for businesses or institutional clients, running strategies that mix publicly traded equities with third‑party alternative fund exposures. Fee arrangements include both a percentage of assets under management and performance‑based fees, indicating active, results‑oriented mandates. The firm identifies as an active ESG investor and also operates in roles tied to pooled investment vehicles, including sponsor and general partner activity, which suggests direct involvement in structuring and managing private funds alongside advisory services. The manager’s client mix is highly concentrated and institutional in nature. That concentration, combined with the firm’s use of performance fees and external alternative managers, signals an emphasis on bespoke mandates, opportunistic allocation, and potentially co‑investment or fund‑of‑fund structures rather than broad retail wealth management.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 69%, Investment Grade Corp Bonds 31%69%
  • Exchange Traded Equities69%
  • Investment Grade Corp Bonds31%

Owners & executives

3 of 4
  • THOMAS SHERWOOD

    Co-Chief Operating OfficerCRD 2372231

  • Nathan Raschke

    Chief Financial OfficerCRD 8110950

  • LAVONNE HARRIS

    Chief Financial OfficerCRD 2587309

Unlock 1 more executives

Contacts

3 of 3
  • DAVID SNYDERMAN

    Managing PartnerCRD 3109977

  • ROSS LASER

    Co-founder and PresidentCRD 2353109

  • KARL WACHTER

    PartnerCRD 713835

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

EVANSTON, IL

COOK

Location

EVANSTON, IL

Headquartered in EVANSTON, IL, anchoring the Chicago-Naperville, IL-IN-WI metro in the Midwest.

Metro area
Chicago-Naperville, IL-IN-WI
Region
Midwest
County
COOK
Address
1603 Orrington Ave
Time zone
CT (UTC-6)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth