NEW YORK, Jan. 21, 2020 /CNW/ - Galaxy Digital
Holdings Ltd. (TSXV: GLXY) announced that its affiliate,
Galaxy Digital Capital Management LP ("GDCM") reported preliminary
assets under management of $357.2
million as of December 31,
2019.
|
Assets Under
Management ("AUM")(a) (In
millions)
|
|
12/31/19
(b)
|
11/30/19
(b)
|
10/31/19
(b)
|
9/30/19
|
8/31/19
|
7/31/19
|
6/30/19
|
5/31/19
|
4/30/19
|
3/31/19
|
2/28/19
|
1/31/19
|
12/31/18
|
|
Total
|
$357.2
|
$360.7
|
$337.0
|
$336.0
|
$336.8
|
$389.6
|
$393.9
|
$421.6
|
$416.3
|
$417.9
|
$417.6
|
$416.5
|
$423.0
|
|
(a)
|
Figures through
12/31/2018 are audited; all other figures are unaudited. AUM
is inclusive of committed capital in a closed-end vehicle and seed
investments by affiliates. Changes in AUM are generally the
result of performance, contributions, withdrawals and, through July
2019, capital commitments funded from one vehicle to another. As
previously disclosed, in August 2019, GDCM ceased operations of its
third-party cash management strategy.
|
|
(b)
|
Preliminary
|
Additional information regarding GDCM funds can be found on our
website at www.galaxydigital.io.
About Galaxy Digital Capital Management LP
Galaxy Digital Capital Management LP, an SEC-registered
investment adviser, 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 three distinct business lines: Index Fund Management,
Blockchain Ecosystem Funds, and Opportunistic Funds. Galaxy
Digital Capital Management's multi-disciplinary team has deep
experience across active and passive portfolio management, capital
markets, operations, and blockchain technology. The firm is a
subsidiary of Galaxy Digital Holdings, 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.
Disclaimers
GDCM is an affiliate of Galaxy Digital Holdings Ltd., a
company listed on the TSX Venture Exchange. Neither
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press
release.
All figures are in U.S. Dollars unless otherwise
noted.
SOURCE Galaxy Digital Holdings Ltd
