Who owns Magnetar Capital?

What does Magnetar Capital do?

Who owns Magnetar Capital?

Alec Litowitz
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.

What does Magnetar Capital do?

Our Energy & Infrastructure business invests in privately negotiated transactions across the North American energy/infrastructure and renewables space, with a defined purpose like growth capital or M&A financing.

How big is Magnetar Capital?

US$ 12.7 billion
Magnetar Capital is a hedge fund based in Evanston, Illinois. The firm was founded in 2005 and invests in fixed income, energy, quantitative and event-driven strategies….Magnetar Capital.

Type Limited liability company
AUM US$ 12.7 billion (as of June 30, 2019)
Number of employees 260
Website www.magnetar.com

What is the magnetar trade?

The hedge fund helped create mortgage-based securities, pushed for risky things to go inside them and then bet against the investments, resulting in billions in losses for investors and ultimately making the financial crisis worse.

What happens when a magnetar collides with a black hole?

Although magnetars are incredibly powerful, they would lose the battle with a black hole. Depending on the trajectory of the magnetar, as well as the size and mass of both the magnetar and the black hole, the magnetic monster would be eaten up either whole, or slowly, piece by piece.

How many magnetars are there?

It wasn’t until 2008 that astronomers identified a neutron star that acted like a pulsar and emitted magnetically-powered bursts. This event confirmed magnetars to be a rare type of neutron star. There are only 31 confirmed magnetars in total (as of March 2020), out of around 3,000 known neutron stars.

What does a magnetar look like?

Description. Like other neutron stars, magnetars are around 20 kilometres (12 mi) in diameter, and have a mass about 1.4 solar masses. They are formed by the collapse of a star with a mass 10–25 times that of the Sun.

How long do magnetars last?

about 10,000 years
The active life of a magnetar is short. Their strong magnetic fields decay after about 10,000 years, after which activity and strong X-ray emission cease. Given the number of magnetars observable today, one estimate puts the number of inactive magnetars in the Milky Way at 30 million or more.

What would a magnetar do to a human?

A cousin to the neutron star, magnetars have such huge magnetic fields that if you were unlucky enough to be within 1,000 miles (1600 km) from one, the magnetic force would rip iron apart from your bloodstream atom by atom, its gravity would rip you apart too probably.

How are magnetars made?

They are formed by the collapse of a star with a mass 10–25 times that of the Sun. The density of the interior of a magnetar is such that a tablespoon of its substance would have a mass of over 100 million tons.