About Magnetar

Magnetar Capital is a leading alternative asset manager with $15 billion in assets under management as of March 31, 2024. We are headquartered just north of Chicago in Evanston, Illinois, and operate three additional offices in New York and London.

Magnetar aims to generate tomorrow’s diversifying return streams by challenging today’s investment norms. We seek to generate consistent performance across a variety of market conditions by identifying differentiated investment strategies that we believe can be developed into scalable businesses. Our three core businesses – Alternative Credit & Fixed Income, Healthcare and Systematic Investing – cater to a wide-range of investor needs.

Magnetar employees are among the best in the business at what they do. We attract highly skilled, dedicated professionals who enjoy working collaboratively and implementing innovative ideas. Our employees have an intense level of intellectual curiosity, a profound passion for our work and care deeply about delivering results for the firm and for one another.

We celebrate unique backgrounds and perspectives, and work hard to foster an inclusive and welcoming environment where each employee is empowered to thrive, both in and outside of the office. We are purposeful about investing in employee health, well-being and firm culture. See below for a preview of some benefits and perks you’ll enjoy as a Magnetar employee.


Sampling of Employee Benefits:
• 401(k) company match
• Premier health, dental and vision insurance
• Unlimited vacation and sick time
• Flexible hybrid work environment
• Paid parental leave

Additional Perks:
• Daily lunch stipend
• Stocked office kitchen full of complimentary beverages and healthy snacks
• Onsite gym
• Investments in supporting mental health: Comprehensive mental health benefits through Spring Health, premium Calm app subscription and more
• Regular employee events (i.e., happy hours, educational sessions, fitness classes, parenting seminars, community service opportunities)
• Four employee groups that offer programming and networking opportunities: Magnetar Women’s Network, Magnetar Black/LatinX Network, Magnetar Parents Network and Magnetar Professional Development Network
• Charitable match program
• Access to LinkedIn Learning tools to further professional development


Human Resources Intern

June 2023 - August 2023 Evanston, IL
“Magnetar seeks to teach and mentor their interns a ton, and it really shows. I came out of this program much more confident in my work, and I'm super grateful that I took this internship. Working for Magnetar will give you incredible connections and job skills that you will have and appreciate for years to come.”

Communications Intern

June 2022 - August 2022 Evanston, IL
“This internship strengthened my writing skills and allowed me the opportunity to take charge of key marketing initiatives. There were endless opportunities for professional development and networking among both other interns and industry professionals. The work I was involved with was challenging and engaging without being overwhelming, and often allowed me to collaborate with others. ”
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