Founder, Chief Executive Officer and Head of Global Event Driven
Alec Litowitz is the Founder and Chief Executive Officer of Magnetar Capital. Mr. Litowitz serves as Chairman of the Management Committee and runs the Global Event Driven businesses. Additionally, he serves on the firm's Investment Committee. Prior to founding Magnetar in 2005, Mr. Litowitz spent nine years as a Principal at Citadel Investment Group, where he served as Global Head of Equities and was a member of the Management and Investment Committees. He began his career in Corporate Finance at JP Morgan in New York, focusing on the Financial Institutions Group. Mr. Litowitz is a member of the Board of Directors of the Chicago Botanic Gardens. Mr. Litowitz holds a JD/MBA from the University of Chicago and a BS in Mathematics and Anthropology from the Massachusetts Institute of Technology.
Ross Laser is Co-Founder and President of Magnetar Capital. Mr. Laser is Co-Chairman of the Management Committee and is responsible for firm-wide management. Prior to co-founding Magnetar in 2005, Mr. Laser was President and Managing Partner at Glenwood Capital Investments, where he was a member of the Investment Committee and Co-Head of the Management Committee. He has been a member of the International Monetary Market of the Chicago Mercantile Exchange since 1985. Mr. Laser is a member of the Economic Club of Chicago and a member of the Board of the Ann & Robert Lurie Children’s Hospital of Chicago Foundation, where he also serves on the Investment Committee. Mr. Laser holds a BA from the University of Michigan.
Global Head of Fixed Income
David Snyderman is Global Head of the Fixed Income businesses, serves as Chairman of the Investment Committee, and is a member of the Management Committee. Prior to joining Magnetar in 2005, Mr. Snyderman spent nearly seven years with Citadel Investment Group, most recently as a Senior Managing Director and head of Global Credit. Previously with Koch Industries, Mr. Snyderman began his career at Price Waterhouse. Mr. Snyderman holds an AB in Economics from Washington University and completed the CPA exam.
Head of Energy Group
Eric Scheyer is the Head of the Energy Group and a member of the Magnetar Investment Committee. He serves on the Board of Managers of Lightfoot Capital Partners GP LLC and the Board of Directors of Arc Logistics Partners LP (NYSE: ARCX), an independent energy logistics service provider that operates crude oil and refined product storage terminals. Prior to joining Magnetar at its inception in 2005, Mr. Scheyer spent two years as a consultant at Caxton Associates. Mr. Scheyer began his career at Donaldson Lufkin and Jenrette focusing on the Oil and Gas sector. Mr. Scheyer holds a B.A. in History from Trinity College in Hartford, Connecticut and is a member of the Board of Fellows.
Chief Operating Officer
Michael Carter is Chief Operating Officer and a member of the Investment and Management Committees. He oversees the back office management team. Prior to joining Magnetar in 2008, Mr. Carter was a Managing Director in the Hedge Fund Banking Group of Lehman Brothers. During his 15 years at Lehman Brothers, Mr. Carter worked in a variety of fixed income and banking areas including interest rate derivatives, securitization, structured credit and CDOs. Mr. Carter earned a BS in Business and Minor in Politics from Wake Forest University.