Magnetar, looking to rebuild assets, seeks marketing executive
By Suzy Kenly Waite
Mon Jul 12, 2010
The firm, in a bid to get back to its peak assets after losses in 2008 and an alleged regulatory probe, is on the lookout for a senior marketing professional. Magnetar now manages $7.1 billion.
Magnetar Capital, one of the hedge funds that traded the mortgage-backed securities that are now at the center of a regulatory probe, is hunting for a senior marketing executive as the firm looks to raise assets.
“The firm is always on the lookout for outstanding talent,” said a spokesman for the Evanston, Ill....
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