Form D · Hedge Fund

Magnetar Systematic Multi-Strategy Fund LLC

Evanston, IL · CIK 0001714231

Offering snapshot reported Dec 15, 2025 · SEC filing

Reported sold
$371M
Indefinite offering
Investors reported
66
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Aug 1, 2017
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$185M$371MApr 12, 2021: $313,440,200.00Apr 12, 2021Apr 12, 2022: $356,840,200.00Apr 12, 2022Dec 13, 2022: $366,840,200.00Dec 13, 2023: $366,840,200.00Dec 13, 2023Dec 13, 2024: $366,840,200.00Dec 13, 2024Dec 15, 2025: $370,815,200.00Dec 15, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$366,840,200 → $370,815,200

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 15, 2025Amendment$370,815,200$3,975,000vs Dec 13, 202466SEC filing
Dec 13, 2024Amendment$366,840,200$0vs Dec 13, 202366SEC filing
Dec 13, 2023Amendment$366,840,200$0vs Dec 13, 202266SEC filing
Dec 13, 2022Amendment$366,840,200$10,000,000vs Apr 12, 202266SEC filing
Apr 12, 2022Amendment$356,840,200$43,400,000vs Apr 12, 202165SEC filing
Apr 12, 2021Amendment$313,440,200No comparisonNot reportedSEC filing
Apr 10, 2020Amendment$121,815,200$89,235,000vs Apr 10, 201953SEC filing
Apr 10, 2019Amendment$32,580,200$12,000,000vs Aug 10, 201812SEC filing
Aug 10, 2018Amendment$20,580,200$12,580,000vs Aug 10, 201711SEC filing
Aug 10, 2017Initial$8,000,200No comparison2SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-292556

Source: Form D, filed Dec 15, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

MARC

Investment adviser: MAGNETAR FINANCIAL LLC

Gross asset value
$316M
Beneficial owners
7
ADV minimum commitment
$5M

Reported in Form ADV on Aug 5, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHERN TRUST CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP CHICAGO, Illinois, United States
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Custodian U.S. BANK NATIONAL ASSOCIATION CINCINNATI, Ohio, United States Related to adviser: No
Marketer STRATEGIC ALTERNATIVE FUNDS GROUP, LLC NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Filing source

Form ADV 2122076 · Aug 5, 2026 · Schedule D 7.B.(1), fund 805-8804633017

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Ross Laser Executive
Alec N. Litowitz Executive
N/A Magnetar Financial Llc Executive
David Snyderman Executive
Hayley Stein Executive
Michael Turro Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1603 Orrington Avenue, 13th Floor
Evanston, IL, 60201