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Alec Litowitz

Founder and Chief Executive Officer

Fast Facts

  • Founded Magnetar Capital in 2005
  • Chairman of the firm’s Management Committee and co-head of the Investment Committee
  • Created the Magnetar Capital UChicago Financial Education Initiative, an innovative high school-based financial education program

Alec Litowitz is the Founder and Chief Executive Officer of Magnetar Capital, a leading alternative asset management firm. He also serves as Chairman of the firm’s Management Committee and is co-head of the Investment Committee.

Alec began his financial services career in corporate finance at JP Morgan in New York focusing in 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.

He created and continues to be extensively involved with the Magnetar Capital UChicago Financial Education Initiative, an innovative high school-based financial education program. Since 2012, the initiative has used technology, teamwork and competition to help high schoolers increase their financial literacy. To date, 880 classes have been taught with the curriculum, educating more than 17,500 students.

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.

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 a Master of Business Administration from the University of Chicago. While at Massachusetts Institute of Technology, Alec became the first All-American squash player in the school’s history.

Education

University of Chicago
Juris Doctor
Master of Business Administration

Massachusetts Institute of Technology
Bachelor of Science, Mathematics and Anthropology

Recognition

  • Founder, Magnetar Academy
  • Founding Member, Global Leadership Circle, The ONE Campaign
  • Dean's Council to the Division of the Physical Sciences, University of Chicago
  • Chairman, Dare2tri
  • Board Advisor & Member, Beyond Board

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