Magnetar Capital LLC, the infamous hedge fund that has been under SEC investigation for its role in the subprime mortgage crisis, is onto its new business venture, this time in a small Ohio town.

Although Magnetar won’t be limited by geography, its fund increases the pool of money available to core-tech software startups here, which have traditionally struggled to find capital.

Magnetar Capital, the alternative investment firm started by Alec Litowitz and Ross Laser, is set to launch its first health-care hedge fund next year, seizing on a strong sector for startups.

Magnetar Capital — an Evanston-based hedge fund — could contribute up to $1 billion, according to multiple people, all of whom asked not to be identified because the information is private.

Magnetar Capital is an Evanston, Illinois-based multi-strategy asset manager that was founded in 2005 by Alec Litowitz and Ross Laser, who previously worked at Citadel LLC and Glenwood Capital ...

Debt financing facility led by Magnetar and Blackstone and with strategic participation from Coatue, DigitalBridge Credit, and funds and accounts managed by BlackRock, PIMCO, and Carlyle Funding ...

Evanston-based Magnetar Capital is selling a portfolio of single-family homes to Highland Capital Management for $300 million. Dallas-based Highland, founded by Jim Dondero and Mark Okada, ...

Magnetar Capital started new positions in Williams Companies (WMB), Actavis (ACT), and Dish Network (DISH). The fund exited top positions in Rosetta Resources Inc. (ROSE), Sirius XM (SIRI ...

Magnetar Capital plans to raise more than $1 billion to take stakes in private-equity and other nontraditional firms, said people familiar with the matter, the latest in a series of moves aimed at ...

Shares were +3.40% pre-market to $155.59.. Most recently, Rogers served as COO at the hedge fund company Magnetar Capital, where he led the firm's operations and finances.

Magnetar started a new position in BABA in 3Q14. The position accounts for 4.05% of the fund’s total portfolio in the third quarter. BABA is the largest e-commerce player in China.

"WHo Will Get Shredded?" (News & Insights, Mar. 19) expresses an erroneous view about Magnetar Capital and the impact of its exposure to the subprime mortgage market. We are a multi-strategy fund.