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Magnetar Capital expands energy footprint with new Houston office

Thursday, July 13, 2017
Opalesque Industry Update - Magnetar Capital, a leading alternative asset management firm, announced today the opening of a new office at Heritage Plaza in downtown Houston, Texas, to support the firm's expansion of its energy franchise.

"Magnetar is establishing a Houston office to manage the firm's growing investment activities in the energy sector," said Ernie Rogers, Chief Operating Officer at Magnetar. "We believe this infrastructure expansion will nicely complement our existing footprint, while also adding value for our clients and energy sector relationships."

Led by partners Eric Scheyer and Adam Daley, Magnetar's energy business began investing in the North American energy sector in 2005 and today manages approximately $4 billion of capital. The energy team is comprised of individuals with significant industry and investment experience with skill sets spanning private equity, investment banking and the energy industry. The energy business strives to deliver consistent, long-term risk-adjusted returns by investing in and across asset classes in all energy sub-sectors.

"For more than 10 years, we have actively invested in the North American energy markets," said Eric Scheyer, Partner and Head of Energy at Magnetar. "The opening of our new Houston office is a natural next step for our energy business given our extensive network across the upstream, midstream, downstream and energy services sectors."

"I am excited to lead our Houston team and continue to develop, maintain and grow our long-standing relationships in the industry," said Adam Daley, Partner and head of Magnetar's Houston office.

Founded in 2005, Magnetar is a $13.7bn multi-strategy and multi-product alternative investment manager that seeks to achieve stable risk-adjusted returns by opportunistically employing a wide range of fixed income, energy, quantitative and fundamental investment strategies. Magnetar invests across public and private markets, geographies and company structures, leveraging deep fundamental and quantitative rigor. The firm is headquartered in Evanston, Illinois and operates satellite offices in New York, London, Minneapolis and Houston.

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