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Magnetar launches special situations hedge fund with indefinite raise from Evanston

New fund · Hedge fund · Pre-first close · EVANSTON, IL · Form D filed 2026-10-29 · sponsor: Magnetar · all Magnetar Special vehicles · Follow Magnetar Special →

Magnetar Special Situations Fund LP, a new Delaware hedge fund, filed for an indefinite offering under Regulation D exemption 3(c)(7) targeting institutional investors with a $5M minimum. The fund is pre-first-close with zero investors to date and no placement agent named.

Note: Related persons show placeholder naming ('n/a Special Situations GP Ltd', 'n/a Magnetar Financial LLC'); confirm actual entity names with issuer. No placement agent listed despite indefinite offering structure.

3(c)(7) — qualified purchasersPre-first closeFirst filing by this entityNeeds prime broker / custodyHedge fundOpportunistic / special situations

How this compares

  • Across 174 hedge fund sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 7 months.
  • No earlier fund launch by this sponsor appears on EDGAR.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

People on the filing

n/a Special Situations GP LtdPromoter
n/a Magnetar Financial LLCExecutive Officer
Ross LaserExecutive Officer
David SnydermanExecutive Officer
Hayley SteinExecutive Officer

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Hayley Stein, Chief Compliance Officer of the Investment Manager.

Why now — by persona

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Filing contact

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