Firm profile

Magnetar Asset Management LLC

EVANSTON, ILCRD 285287Registration Status: ApprovedEffective since January 9, 2017SEC # 801-108902Latest ADV August 5, 2026

Magnetar Asset Management LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in Evanston, IL. Its latest Form ADV filing, dated August 5, 2026, reports $1.9B in regulatory assets under management, 167 employees, 3 offices, and 5 accounts.

Assets Under Management
$1.9B
Employees
167
Offices
3 offices
Total Clients
<5

Associated firm names

1 name listed
  • MAGNETAR ASSET MANAGEMENT LLC

Leadership

6 roles identified
CEODavid J. Snyderman
CCOHayley A. Stein
CFOLavonne E. Harris

Advisory services offered

2 types reported
Portfolio management for businesses
Portfolio management for investment companies

Fee models offered

2 types reported
Asset based fees
Performance-based fees

Offices & Contact

Primary office

EVANSTON, Illinois, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

Illinois

EVANSTONPrimary office

New York

NEW YORK

Texas

AUSTIN

3 office records listed · 3 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$1.9Bas of August 5, 2026
Discretionary100.0%
$1.9B
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.

Client Coverage Demographics

Top client segmentInvestment Cos. represent 100.0% of total clients.
Top client categories% of clientsClients
1
Investment Cos.
100.0%
1
Categories with <5 clients
Other investment advisers<5 clients
Sovereign wealth funds and foreign official institutions<5 clients

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$1.9B
Total Accounts5
10Y AUM Change+$1.9B (+9507.5%)

Private Funds

Private funds reported by Magnetar Asset Management LLC

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees167
Clients per Employee0:1
10Y Employee Change+25 (+17.6%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
MAGNETAR CAPITAL PARTNERS LPDirect owner · Schedule AInterest in MAGNETAR ASSET MANAGEMENT LLC
75%+
ALEC LITOWITZIndirect owner · Schedule BInterest in SUPERNOVA MANAGEMENT LLC
25% to < 50%
ROSS LASERIndirect owner · Schedule BInterest in SUPERNOVA MANAGEMENT LLC
25% to < 50%
LL NOVA INVESTMENTS LLCIndirect owner · Schedule BInterest in MAGNETAR CAPITAL PARTNERS LP
25% to < 50%
DAVID JAY SNYDERMANIndirect owner · Schedule BInterest in SUPERNOVA MANAGEMENT LLC
25% to < 50%

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Magnetar Asset Management LLC.

Reported ownership and control details

Form ADV · Filing date 2026-08-05 · Schedules A and B

13 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1ROSS LASERPRESIDENTIndividualMAGNETAR ASSET MANAGEMENT LLCLess than 5%Code NAYesPRESIDENT08/2016Schedule APDF page 43
2DAVID JAY SNYDERMANCHIEF EXECUTIVE OFFICERIndividualMAGNETAR ASSET MANAGEMENT LLCLess than 5%Code NAYesCHIEF EXECUTIVE OFFICER10/2022Schedule APDF page 43
3KARL J WACHTERGENERAL COUNSELIndividualMAGNETAR ASSET MANAGEMENT LLCLess than 5%Code NAYesGENERAL COUNSEL08/2016Schedule APDF page 43
4MAGNETAR CAPITAL PARTNERS LPSOLE MEMBERDomestic entityMAGNETAR ASSET MANAGEMENT LLC75% or moreCode EYesSOLE MEMBER08/2016Schedule APDF page 43
5LAVONNE ELAINE HARRISCO-CHIEF OPERATING OFFICER & CHIEF FINANCIAL OFFICER, FUNDSIndividualMAGNETAR ASSET MANAGEMENT LLCLess than 5%Code NAYesCO-CHIEF OPERATING OFFICER & CHIEF FINANCIAL OFFICER, FUNDS04/2023Schedule APDF page 43
6HAYLEY A. STEINCHIEF COMPLIANCE OFFICERIndividualMAGNETAR ASSET MANAGEMENT LLCLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER01/2025Schedule APDF page 43
7THOMAS MICHAEL SHERWOODCO-CHIEF OPERATING OFFICERIndividualMAGNETAR ASSET MANAGEMENT LLCLess than 5%Code NAYesCO-CHIEF OPERATING OFFICER06/2025Schedule APDF page 43
8Nathan Andrew RaschkeCHIEF FINANCIAL OFFICER, MANAGEMENT COMPANYIndividualMAGNETAR ASSET MANAGEMENT LLCLess than 5%Code NANoCHIEF FINANCIAL OFFICER, MANAGEMENT COMPANY06/2025Schedule APDF page 43
9ALEC LITOWITZMEMBERIndividualSUPERNOVA MANAGEMENT LLC25% to less than 50%Code CNoMEMBER04/2006Schedule BPDF page 44
10ROSS LASERMEMBER/MANAGERIndividualSUPERNOVA MANAGEMENT LLC25% to less than 50%Code CYesMEMBER/MANAGER04/2006Schedule BPDF page 44
11SUPERNOVA MANAGEMENT LLCGENERAL PARTNERDomestic entityMAGNETAR CAPITAL PARTNERS LPPercentage not specifiedCode FYesGENERAL PARTNER04/2006Schedule BPDF page 44
12LL NOVA INVESTMENTS LLCLIMITED PARTNERDomestic entityMAGNETAR CAPITAL PARTNERS LP25% to less than 50%Code CNoLIMITED PARTNER04/2006Schedule BPDF page 44
13DAVID JAY SNYDERMANMEMBER/MANAGERIndividualSUPERNOVA MANAGEMENT LLC25% to less than 50%Code CYesMEMBER/MANAGER11/2022Schedule BPDF page 44

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 8/5/2026 12:51:32 PM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.