SuRo Capital's net asset value jumps 76% in Q1 2026, plans strategic partnership with Magnetar.

SuRo Capital reported a 76% increase in net asset value to $14.24 per share in Q1 2026, driven by strong portfolio gains including investments in WHOOP and OpenAI. The company announced a strategic joint venture with Magnetar to form Neostellar Advisors LLC, aiming to enhance investment capabilities and transition to an externally managed structure pending shareholder approval. SuRo Capital continues to focus on high-growth private companies, expanding its AI and data infrastructure exposure with recent investments in TensorWave and ClickHouse. This partnership is expected to strengthen long-term shareholder value and operational efficiency.