18:14:22 EDT Mon 02 Aug 2021
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Galaxy Digital Holdings Ltd
Symbol GLXY
Shares Issued 93,925,362
Close 2021-06-11 C$ 21.47
Recent Sedar Documents

Galaxy affiliate's May 31 AUM at $1,347.2 (U.S.)

2021-06-11 17:11 ET - News Release

Mr. Stephen Kurz reports

GALAXY DIGITAL ASSET MANAGEMENT: MAY 2021 MONTH END AUM

Galaxy Digital Holdings Ltd.'s affiliate, Galaxy Digital Asset Management (GDAM), had preliminary assets under management of $1,347.2-million as of May 31, 2021. All figures are in U.S. dollars unless otherwise noted.

                                       ASSETS UNDER MANAGEMENT (AUM)
                                             (a) (in millions)
                                                              
       May 31, 2021 (c)  April 30, 2021 (b)   March 31, 2021  Feb. 28, 2021  Jan. 31, 2021  Dec. 31. 2020

Total         $1,347.2            $1,615.8          $1,275.0       $1,051.9         $834.7         $807.3

         Nov. 30, 2020   Oct. 31, 2020   Sept. 30, 2020  Aug. 31, 2020  July 31, 2020  June 30, 2020  May 31, 2020

Total           $572.7          $446.3           $407.4         $404.9         $390.5         $375.3        $375.5

(a) All figures through Dec. 31, 2020, are audited; and all other figures are unaudited. AUM is inclusive of
    subadvised 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 Feb. 28, 2021.

Additional information regarding GDAM funds can be found on the Galaxy Digital website.

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 multidisciplinary 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 Holdings Ltd.

Galaxy Digital 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 chief executive officer and founder is Mike Novogratz. The company is headquartered in New York, with offices in Chicago, San Francisco, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office) and New Jersey.

© 2021 Canjex Publishing Ltd. All rights reserved.