Alec Litowitz is the Founder and Chief Executive Officer of Magnetar Capital, a leading alternative asset management firm. He also serves as the head of Magnetar's Systematic Investing group, and is the Chairman of the firm’s Management Committee and co-head of its Investment Committee.
Alec began his financial services career in corporate finance at JP Morgan in New York focusing on the Financial Institutions Group. Prior to founding Magnetar in 2005, he was a Principal at Citadel Investment Group and served as Global Head of Equities and a member of the Management and Investment Committees.
In 2011, he founded Magnetar Academy and set off on a mission to improve high school students’ access to financial education. In 2016, the Academy joined forces with UChicago STEM Education to create the Magnetar Capital UChicago Financial Education Initiative, releasing its best-in-class financial education curriculum, finEDge, three years later. To date, this work has educated more than 26,000 students through over 1,200 classes.
As an athlete and avid outdoorsman, Alec enjoys endurance and adventure races including triathlons and off-road mountain bike competitions. He completed the Perskindol Swiss Epic, a six-day mountain bike stage race with 500 riders in September 2017, the La Ruta de los Conquistadores mountain bike race in 2014, and the Hawaii Ironman in 2004. His interest in competitive sports led him to Dare2tri, a nationally focused non-profit that provides triathlon and single-event training to young people and adults with disabilities, where he serves as Board Chair Emeritus.
Alec is also a former Director of both Star Peak Energy Transition Corp. and Star Peak Corp II: public entities that focused on sustainability and emissions reduction. The former merged with Stem, Inc., creating the first pure-play smart energy storage company to go public in the U.S. The latter merged with Benson Hill, a food tech company unlocking the natural genetic diversity of plants. Alec also sits on the Board of Directors for BLK/OPL, a masstige makeup and skincare company for women of color.
Alec graduated from Massachusetts Institute of Technology with a Bachelor of Science in mathematics and anthropology and went on to receive a Juris Doctor and Master of Business Administration from the University of Chicago. While at MIT, Alec became the first All-American squash player in the school’s history.
University of Chicago
Master of Business Administration
Massachusetts Institute of Technology
Bachelor of Science, Mathematics and Anthropology
- Founder, Magnetar Academy
- Board of Directors, BLK/OPL
- Former Director, Star Peak Energy Transition Corp. & Star Peak Corp II
- Dean's Council to the Division of the Physical Sciences, University of Chicago
- Board Chair Emeritus, Dare2tri
- Board Advisor & Member, Beyond Board