Evanston, IL – Magnetar, a leading alternative investment manager, was awarded mid-market “Growth Equity Deal of the Year” at the 15th Annual M&A Atlas Awards for its investments in CoreWeave, a specialized cloud infrastructure provider for large-scale GPU-accelerated workloads. Magnetar is exceptionally pleased to have received this accolade, which underscores the firm’s commitment to thoughtful, strategic capital allocation and highlights the firm’s meaningful investment partnership with CoreWeave.

Over the past year-plus, Magnetar led CoreWeave’s $221M Series B funding round and $200M Series B Extension and completed a number of additional transactions to help catalyze CoreWeave's growth.

The M&A Atlas Awards, hosted annually by the Global M&A Network, recognize notable mergers, acquisitions and corporate finance transactions within the alternative investing, private equity, M&A and business industries. Adjudicated by a panel of industry experts, the awards are a marker of value-creating transactions, distinguished firms and emerging leaders.