Alec Litowitz founded Magnetar Capital, a leading asset management firm based in Illinois. He formed and continues to cooperate with the Magnetar Capital UChicago Financial Education Initiative, an advanced high school-based education scheme that utilizes technology and teamwork to hone students increase their financial literacy.
As an athlete and avid outdoorsman, Litowitz enjoys endurance and adventure races including triathlons and off-road mountain bike competitions. He completed the Perskindol Swiss Epic, a six-day mountain bike stage race with 500 riders in September 2017, the La Ruta de los Conquistadores mountain bike race in 2014, and the Hawaii Ironman in 2004. His interest in competitive sports led him to Dare2tri, a nationally focused non-profit that provides triathlon and single-event training to young people and adults with disabilities, where he serves as Board Chair.