Alec Litowitz
Alec Litowitz is the Founder and former CEO of Magnetar Capital, a leading multi-strategy alternative asset management firm, and currently serves as Chairman of the firm’s Management Committee and Co-Head of its Investment Committee. He is also the driving force behind the Magnetar Youth Investment Academy, a high school financial education program now in over 150 Chicago classrooms, reaching more than 10,000 students. Litowitz began his career in corporate finance at J.P. Morgan in the Financial Institutions Group and later joined Citadel Investment Group as a Principal, serving as Global Head of Equities and a member of both the Management and Investment Committees before founding Magnetar in 2005. In addition to his professional achievements, Litowitz is an active philanthropist in Chicago and an avid athlete, competing in triathlons and other endurance sports.
Alec Litowitz Professional Experience / Academic History
Professional Experience
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Founder
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Principal and Global Head of Equities
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Investment Banking Associate
Academic History
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J.D. and M.B.A.
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B.S., Mathematics and Anthropology
MAGNETAR CAPITAL
Alec Litowitz is the driving force behind the Magnetar Youth Investment Academy, a pioneering high school financial education program now active in over 150 Chicago classrooms, reaching more than 10,000 students.
He also founded the Magnetar Capital UChicago Financial Education Initiative, further expanding his commitment to empowering young people with practical financial skills.
Litowitz stepped down as CEO of Magnetar Capital in 2022, succeeded by David Snyderman, but remains deeply invested in the firm’s success as both an owner and investor in its funds.
CURRENT AFFILIATIONS
Founder, Magnetar Capital
Founder, Magnetar Academy
Founder and Managing Director, Reimagined Ventures
Chairman Emeritus, Dare2tri Paratriathlon Club
Director, Star Peak Corp II
Co-Chair, Parents Leadership Council, Northwestern University
Founding Member, The ONE Campaign
Board Member, Black Opal Beauty
Board Member, Children First Fund
ATHLETIC VENTURES
An avid athlete and outdoorsman, Litowitz competes in endurance and adventure events, including triathlons and off-road mountain bike races.
Notable competitions include the Perskindol Swiss Epic, La Ruta de Los Conquistadores in Costa Rica, and the Hawaii Ironman.
His passion for competitive sports extends to philanthropy through Dare2tri, a nonprofit that provides triathlon training and single-event participation for young people and adults with disabilities.