Magnetar

Generative AI and large language models are reshaping industries—but traditional data centers weren’t designed to handle their extraordinary computational demands. Our latest #whitepaper, authored by the Magnetar Ventures team, dives deep into the innovations necessary to transform data centers and the expertise required to support the burgeoning AI economy. But building and scaling AI-specific data centers demand more than operational know-how—it requires a nuanced understanding of the market’s challenges and growth opportunities. Our team argues that only informed investors who grasp these complexities will be able to fully capitalize on this transformative shift. Download the white paper now to learn more: https://bit.ly/3D6Gz4W #Magnetar #MagnetarVentures #AI #GenerativeAI #DataCenters #HighPerformanceComputing #InfrastructureInnovation

Jim Prusko, Partner and Senior Portfolio Manager at Magnetar, recently joined Bloomberg’s "Odd Lots" podcast for a timely conversation about the transformative impact of generative AI and the investment strategies enabling innovation across the AI ecosystem. In this episode, “How the Hedge Fund Magnetar is Financing the AI Boom,” Jim uncovers opportunities in enterprise AI and specialized language models, and explores various industry trends and Magnetar Ventures' innovative compute-for-equity model. He also shares how Magnetar’s investment strategy has helped address the explosive demand for compute and AI infrastructure, including the firm’s role as the first institutional investor in CoreWeave, a leading provider of high-performance compute. As AI continues to evolve, this discussion provides timely insights into some of the opportunity sets and dynamics of this lively sector. Listen here: https://lnkd.in/eN6-ZS9j #AI #Investing #GenerativeAI #Innovation #OddLots #Magnetar

Nadine Resha, investment team member of Magnetar’s Alternative Credit & Fixed Income group based in London, will join the DealCatalyst ABSF Global Conference in London on Monday, November 25, as a panelist for "Funding Considerations: The Equity Perspective – Has the Market Rebounded?" The discussion will examine the current state of equity availability in the UK specialty finance market, shifts in investor preference, the role of private equity capital in specialty finance and strategies to attract renewed equity interest. The ABSF Global Conference brings together investors, specialty lenders and financial institutions to examine the opportunities and challenges in the asset-based finance market, a sector with the potential to drive significant global economic growth and innovation. Magnetar is proud to contribute to this important dialogue alongside leaders shaping the future of asset-based finance. #ABSF2024 #SpecialtyFinance #ThoughtLeadership #Magnetar #AlternativeCredit

Last week, Amira Amin, Magnetar’s COO of Liquid Strategies, represented the firm as a panelist at AIMA - The Alternative Investment Management Association’s “The COO Toolkit: Navigating the Changes and Challenges of Today’s Market” event. During the panel, Amira addressed key challenges and opportunities for COOs, including leveraging AI, optimizing vendor relationships and fostering company culture. She also shared Magnetar’s approach to launching new vehicles and strategies – highlighting the importance of clear prioritization, effective communication and robust organizational structures to ensure operational success. Amira’s perspectives on embracing innovation and promoting collaboration underscore the evolving role of COOs in navigating complex markets. Thank you, Amira, for representing Magnetar, and for providing insight into the complex, fast-evolving role of the COO in asset management. #Magnetar #AIMA #COOToolkit #Operations #AssetManagement #ThoughtLeadership

The latest installment in Magnetar’s Regulatory Capital/SRT transactions whitepaper series explores the critical role of structural leverage in these complex deals. Magnetar's Aidan McKeown examines how structural leverage can influence tranche thickness, pricing, and expected returns. This analysis underscores the importance of understanding tranching, volatility, and rigorous underwriting practices – helping investors evaluate opportunities in the Regulatory Capital/SRT market. To learn more, request access to the full paper here: https://bit.ly/4fwV0O1   #AlternativeCredit #FixedIncome #SRT #RegulatoryCapitalTransactions #RegCap #StructuredLeverage #InvestmentAnalysis #Thoughtleadership #Magnetar

Earlier this week, Magnetar and Daversa Partners co-hosted an exclusive evening in Menlo Park, bringing together tech CIOs, CISOs, and leaders in Gen-AI to discuss the future of enterprise AI. The event featured insightful discussions on how AI can drive innovation across industries and enhance critical functions like sales automation, compliance, fraud detection, legal, and finance. Key takeaways from our conversation: 📈 ROI There is a demonstrated need for evaluation sets to measure pre- and post-AI efficiencies, especially in fraud detection, audit, and finance—sectors where AI’s ROI is particularly high. 🔑 Change Management AI’s success is closely tied to robust change management plans. Resistance at the line level remains a significant challenge, underscoring the need for top-down leadership to drive adoption. A critical point: performance management and incentive structures must evolve to reward AI-driven efficiencies. 🤝 Build vs. Buy An effective AI strategy often involves buying scalable solutions that can be tailored with enterprise data. Building on top of these solutions ensures efficiency without compromising customization. 💡 AI Models AI excels as an information search platform, yet reasoning models remain in their early stages. Significant advancements are needed before these models achieve enterprise-wide adoption. A special thanks to our co-host, Daversa Partners, and to all participants who contributed their insights, including leaders from Google, Databricks, Uber, Coinbase, Netflix, CoreWeave, Cohere, Artisan, SentinelOne, Blackhawk Network, Splunk, Unity, PsiQuantum, Glean, Palo Alto Networks, Plaid, Luminai, You.com, Faire, Anduril, MultiOn, Zscaler, Google DeepMind, Orby AI, Activeloop and PEAK6. We’re excited to continue these conversations and together shape the next chapter in enterprise AI! #Magnetar #DaversaPartners #AI #EnterpriseAI #Innovation #FutureOfWork

We are thrilled to share that two Magnetar partners and Management Committee members, Barbara Bernstein and Lavonne Harris, have been honored in The Hedge Fund Journal's "50 Leading Women in Hedge Funds" annual report. Barbara and Lavonne were celebrated alongside other accomplished female investment professionals and senior women in key compliance, audit, operations, finance, administration, sales, marketing and investor relations roles at an event in New York last night. Magnetar is committed to fostering an environment that celebrates and elevates female talent. Barbara and Lavonne exemplify our commitment to excellence, expertise, collaboration and continuous learning, and their leadership has been instrumental in championing growth across our firm. Congratulations to Barbara, Lavonne and all this year’s honorees on this exceptional recognition. #WomenInFinance #AssetManagement #Leadership #TheHedgeFundJournal #Magnetar Magnetar paid a sponsorship fee to be considered for this list. Editors of Hedge Fund Journal selected 50 women to feature in their publication based on the biographies of the individuals.

Magnetar is pleased to announce an expansion of our existing partnership with CoreWeave as co-lead investor in its $650 million secondary sale announced today. This transaction highlights strong institutional support for the CoreWeave platform as it continues to accelerate innovation in high-performance computing and strengthens its market position as a leading specialized compute infrastructure provider.   As demand for advanced AI solutions intensifies, we look forward to supporting CoreWeave as it continues to shape the future of #cloudinfrastructure.   Read more here: https://lnkd.in/g_hxK7rp   #AI #CloudComputing #CoreWeave #Magnetar #MachineLearning #DigitalInfrastructure

Magnetar is thrilled to congratulate Ernie Rogers, our Chief Operating Officer and Partner, for being named Finance Executive of the Year by Kansas State University and inducted into the University’s Financial Executives Hall of Fame. Ernie's leadership and nearly three decades of impact and innovation in the financial industry continue to guide and motivate us. This recognition is particularly meaningful given Ernie’s deep connection to K-State, where his journey into finance began. Magnetar recruits heavily from K-State, a testament to the values and talent cultivated at Ernie’s alma mater. We couldn’t be prouder of Ernie’s achievements and the strong, ongoing partnership between Magnetar and K-State – a connection that continues to shape the future of our firm. #Magnetar #MagnetarLeadership #FinanceExecutiveOfTheYear #KState #FinancialExecutivesHallOfFame

Erik Falk, Head of Strategy at Magnetar, will be speaking at Private Markets Insider’s Alternatives Investment & DealConnect Summit this week on October 23. With nearly two decades of investment experience in private credit, Magnetar is excited to help lead discussions on the evolution of the industry and the potential next phases of the credit cycle. This Summit brings together prominent GPs, bankers, and business owners to explore key trends and opportunities in private markets. We look forward to connecting with industry experts and sharing insights to help inform the future of private market investing. #PrivateMarkets #PrivateCredit #ThoughtLeadership #AlternativeInvestments #Magnetar #GPs #InvestmentSummit #PrivateMarketTrends #DealConnect