DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

M••••••• F•••••••• L••

Asset manager (funds and pooled vehicles)Evanston, IllinoisCRD 136045SEC 801-64602websiteIAPD
Latest filing Aug 5, 2026
First filing on the tape Mar 30, 2012 · 94 filings
SEC status approved since Aug 30, 2005
RAUM
$32B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$32B
derived; firm RAUM over IAPD count
Employees
209
64 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
58
reported on Schedule D
History
94 filings and snapshots on the tape
RAUM$32B as of Aug 5, 2026
Mar 30, 2012$11B then
HNW client RAUM$0 as of Jan 24, 2025
Mar 31, 2021$0 then
State-registered IARs (5.B.3)0 as of Aug 5, 2026
Mar 27, 20130 then
Employees (5.A)209 as of Aug 5, 2026
Mar 27, 2013229 then
Private funds58 as of Aug 5, 2026
Mar 30, 201258 then
RAUM +38% over the last fiscal year+8.9% a year over threeIARs 0 to 0offices 1 to 3
Practice profile
derived from the filing of Aug 5, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$32BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$444MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
209.0derivedItem 5.A over advisors
Advisors per office
0.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+38%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$31B, 58 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$31B96%
  • Other investment advisers$807M2.5%
  • Insurance companies$362M1.1%
  • Banks and thrifts$75.0M0.2%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
72reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$31B for 58 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.99 institutional_share=0.01 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••• J•• S••••••••Austin, TxJan 22, 202612 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      146 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      C•••Hedge Fund$2.3B1Mar 30, 2012
      C•••Hedge Fund$1.7B47Mar 30, 2012
      M•••Hedge Fund$1.5B39Mar 31, 2015
      M•••Hedge Fund$1.5B1Mar 30, 2012
      M•••Hedge Fund$1.4B2Mar 31, 2021
      M•••Hedge Fund$1.3B60Feb 15, 2018
      M•••Hedge Fund$1.3B89Mar 30, 2012
      M•••Hedge Fund$1.1B2Mar 31, 2017
      M•••no longer reportedHedge Fund$808M131Mar 30, 2012
      M•••Hedge Fund$721M3Feb 26, 2019
      M•••Hedge Fund$718M30Mar 31, 2015
      C•••Hedge Fund$713M2Mar 30, 2012
      P•••Hedge Fund$711M4Mar 31, 2021
      S•••Hedge Fund$693M5Mar 30, 2012
      M•••Hedge Fund$692M4Feb 3, 2022
      M•••no longer reportedHedge Fund$689M121Mar 30, 2012
      M•••no longer reportedHedge Fund$687M29Mar 29, 2016
      M•••Hedge Fund$616M2Jul 20, 2022
      C•••Hedge Fund$544M1Mar 30, 2012
      M•••Hedge Fund$486M2Feb 23, 2023
      M•••no longer reportedHedge Fund$473M1Mar 30, 2012
      M•••Hedge Fund$460M2Aug 23, 2021
      C•••Hedge Fund$439M20Jul 26, 2023
      M•••Hedge Fund$426M16Aug 23, 2021
      L•••Hedge Fund$322M2May 16, 2019
      M•••Hedge Fund$277M54Feb 15, 2018
      E•••no longer reportedHedge Fund$260M51Mar 31, 2015
      C•••Hedge Fund$253M100Aug 8, 2024
      M•••no longer reportedHedge Fund$252M14Mar 30, 2012
      M•••Hedge Fund$235M55Nov 27, 2024
      C•••Hedge Fund$200M9Aug 8, 2024
      M•••no longer reportedHedge Fund$188M11Mar 30, 2012
      M•••no longer reportedHedge Fund$182M3Mar 30, 2012
      P•••Hedge Fund$181M4Mar 31, 2021
      M•••no longer reportedHedge Fund$180M11Mar 30, 2012
      M•••Hedge Fund$161M3May 25, 2023
      C•••Hedge Fund$155M13Feb 15, 2018
      C•••Hedge Fund$149M3Feb 15, 2018
      M•••Hedge Fund$142M20Feb 3, 2022
      M•••Hedge Fund$140M9Mar 31, 2017
      All funds of M••••••• F•••••••• L••
      Owners and control persons
      Schedule A and B, latest filing
      • L••••• R••• · Presidentcontrol
        since 04/2005 · owns less than 5%
      • R•••••• E•••••• R•••••• · Chief Operating Officercontrol
        since 10/2016 · owns less than 5%
      • S••••••••• D••••• J•• · Chief Executive Officercontrol
        since 10/2022 · owns less than 5%
      • T••••• M•••••• · Chief Compliance Officercontrol
        since 06/2005 · owns less than 5%
      • W••••••• K•••• J• · General Counselcontrol
        since 04/2010 · owns less than 5%
      • L••••• R••• · Member / Managercontrol
        since 04/2006 · owns 25% to 50% of S•••••••• M••••••••• L••
      • S••••••••• D••••• J•• · Member / Managercontrol
        since 11/2022 · owns 25% to 50% of S•••••••• M••••••••• L••
      • D•••••• J••••••• L• · Chief Financial Officer, Management Company
        since 04/2023 · owns less than 5%
      • G••••••••• N•••• · Chief Financial Officer, Liquid Strategies
        since 04/2023 · owns less than 5%
      • H•••••• L••••••• E••••• · Chief Financial Officer, Alternative Credit & Fixed Income
        since 04/2023 · owns less than 5%
      • L•••••••• A••• · Member
        since 04/2006 · owns 25% to 50% of S•••••••• M••••••••• L••
      Entity owners
      • M••••••• C•••••• P••••••• L• · Sole Member
        direct · owns 75% or more
      • S•••••••• M••••••••• L•• · General Partner
        indirect · owns F of M••••••• C•••••• P••••••• L•
      • L• N••• I••••••••• L•• · Limited Partner
        indirect · owns 25% to 50% of M••••••• C•••••• P••••••• L•
      Related persons
      Schedule D 7.A
      Advisers that list M••••••• F•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY19 employees
      What changed
      consecutive filings, newest first
      • Accounts · 67 to 72
        Feb 19, 2026 to Mar 30, 2026
      • Pooled vehicle clients · 55 to 59
        Feb 19, 2026 to Mar 30, 2026
      • Assets in custody · $25B to $31B
        Feb 19, 2026 to Mar 30, 2026
      • Employees · 198 to 209
        Feb 19, 2026 to Mar 30, 2026
      • Private funds · 59 to 58
        Feb 19, 2026 to Mar 30, 2026
      • Discretionary RAUM · $25B to $31B
        Feb 19, 2026 to Mar 30, 2026
      • Non-discretionary RAUM · $1.3B to $1.2B
        Feb 19, 2026 to Mar 30, 2026
      • Pooled vehicle RAUM · $25B to $31B
        Feb 19, 2026 to Mar 30, 2026
      • RAUM · $26B to $32B
        Feb 19, 2026 to Mar 30, 2026
      • Private funds · 58 to 59
        Jan 20, 2026 to Feb 19, 2026
      • Other offices · 2 to 3
        Oct 14, 2025 to Jan 20, 2026
      • Private funds · 57 to 58
        Jun 5, 2025 to Oct 14, 2025
      • Financial planning clients · unset to
        May 1, 2025 to Jun 5, 2025
      • Accounts · 73 to 67
        Jan 24, 2025 to May 1, 2025
      • Advisory employees · 59 to 64
        Jan 24, 2025 to May 1, 2025
      • Charity clients · 0.0 to unset
        Jan 24, 2025 to May 1, 2025
      • Corporate clients · 12.0 to unset
        Jan 24, 2025 to May 1, 2025
      • HNW clients · 0.0 to unset
        Jan 24, 2025 to May 1, 2025
      • Individual clients · 0.0 to unset
        Jan 24, 2025 to May 1, 2025
      • Pension plan clients · 1.0 to unset
        Jan 24, 2025 to May 1, 2025
      • Pooled vehicle clients · 56 to 55
        Jan 24, 2025 to May 1, 2025
      • Assets in custody · $23B to $25B
        Jan 24, 2025 to May 1, 2025
      • Employees · 175 to 198
        Jan 24, 2025 to May 1, 2025
      • Other offices · 1 to 2
        Jan 24, 2025 to May 1, 2025
      • Private funds · 63 to 57
        Jan 24, 2025 to May 1, 2025
      • Discretionary RAUM · $23B to $25B
        Jan 24, 2025 to May 1, 2025
      • HNW RAUM · 0.0 to unset
        Jan 24, 2025 to May 1, 2025
      • Individual RAUM · 0.0 to unset
        Jan 24, 2025 to May 1, 2025
      • Non-discretionary RAUM · $270M to $1.3B
        Jan 24, 2025 to May 1, 2025
      • Pension RAUM · 75000000.0 to unset
        Jan 24, 2025 to May 1, 2025
      • Pooled vehicle RAUM · $22B to $25B
        Jan 24, 2025 to May 1, 2025
      • RAUM · $23B to $26B
        Jan 24, 2025 to May 1, 2025
      • Private funds · 62 to 63
        Nov 27, 2024 to Jan 24, 2025
      • Private funds · 61 to 62
        Aug 8, 2024 to Nov 27, 2024
      • Private funds · 57 to 61
        Jul 1, 2024 to Aug 8, 2024
      • Private funds · 56 to 57
        Mar 28, 2024 to Apr 29, 2024
      • Pension plan clients · 0 to 1
        Mar 6, 2024 to Mar 28, 2024
      • Pooled vehicle clients · 67 to 56
        Mar 6, 2024 to Mar 28, 2024
      • Assets in custody · $24B to $23B
        Mar 6, 2024 to Mar 28, 2024
      • Employees · 178 to 175
        Mar 6, 2024 to Mar 28, 2024
      Signals
      3 dated events
      • Paul Smith (Chief Legal Officer) no longer on Schedule A of M••••••• F•••••••• L•• (listed 2024-03-06, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Michael Benjamin Paull (Chief Financial Officer) no longer on Schedule A of M••••••• F•••••••• L•• (listed 2019-03-29, absent 2019-04-08)
        Apr 8, 2019 · Control person left · inference
      • M••••••• F•••••••• L•• reported RAUM $23.7B, up 29% from $18.4B (2019-02-26 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/magnetar-capitalreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      847-905-4400reportedpublic record, Form ADV, Aug 5, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      $32Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026