NEW YORK, June 11, 2021 /CNW/ - Galaxy Digital
Holdings Ltd. (TSX: GLXY) ("Galaxy Digital") announced that
its affiliate, Galaxy Digital Asset Management ("GDAM") reported
preliminary assets under management of $1,347.2 million as of May
31, 2021.
|
Assets Under
Management ("AUM")(a) (In
millions)
|
|
5/31/21
(c)
|
4/30/21
(b)
|
3/31/21
|
2/28/21
|
1/31/21
|
12/31/20
|
11/30/20
|
10/31/20
|
9/30/20
|
8/31/20
|
7/31/20
|
6/30/20
|
5/31/20
|
Total
|
$1,347.2
|
$1,615.8
|
$1,275.0
|
$1,051.9
|
$834.7
|
$807.3
|
$572.7
|
$446.3
|
$407.4
|
$404.9
|
$390.5
|
$375.3
|
$375.5
|
|
|
(a)
|
All figures
through 12/31/20 are audited; and all other figures are
unaudited. AUM is inclusive of
sub-advised funds, committed capital closed-end vehicles, seed
investments by affiliates, and fund of fund products associated
with the Vision Hill acquisition. Changes in AUM are
generally the result of performance, contributions, withdrawals,
and acquisitions.
|
(b)
|
Preliminary
|
(c)
|
Preliminary, AUM
associated with Galaxy Vision Hill fund of funds is as of February
28, 2021.
|
Additional information regarding GDAM funds can be found on our
website at
https://www.galaxydigital.io/services/asset-management.
About Galaxy Digital Asset Management
Galaxy Digital
Asset Management is a diversified asset management firm dedicated
to the digital assets and blockchain technology industry. The firm
manages capital on behalf of external clients in two distinct
business lines: Galaxy Fund Management and Galaxy Interactive.
GDAM's multi-disciplinary team has deep experience across active
and passive portfolio management, capital markets, operations, and
blockchain technology. GDAM is a subsidiary of Galaxy Digital,
which was founded by Michael
Novogratz, a former Principal and Chief Investment Officer
of the Fortress Macro Funds, and a former Partner at Goldman
Sachs.
About Galaxy Digital
Galaxy Digital (TSX:GLXY)
is a diversified financial services and investment management
company in the digital asset, cryptocurrency, and blockchain
technology sectors. Galaxy Digital's team has extensive experience
spanning investing, portfolio management, capital markets, venture
capital, asset management, and blockchain technology. Galaxy
Digital operates in the following businesses: Trading, Asset
Management, Principal Investments, Investment Banking, and Mining.
Galaxy Digital's CEO and Founder is Mike Novogratz. The
Company is headquartered in New York City, with offices
in Chicago, San Francisco, London, Amsterdam,
Tokyo, Hong Kong, the Cayman Islands (registered
office), and New Jersey. Additional information about the
Company's businesses and products is
available on www.galaxydigital.io.
Disclaimers
GDAM is an affiliate of Galaxy Digital
Holdings Ltd., a company listed on the Toronto Stock Exchange
("TSX"). The TSX has not approved or disapproved of the
information contained herein.
All figures are in U.S. Dollars unless otherwise
noted.
SOURCE Galaxy Digital Holdings Ltd.