Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Galaxy Digital Asset Management: February 2021 Month End AUM

T.GLXY

Canada NewsWire

NEW YORK , March 16, 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 $1,051.9 million as of February 28, 2021 .

Galaxy Digital Holdings Ltd. (CNW Group/Galaxy Digital Holdings Ltd.)


Assets Under Management ("AUM") (a) (In millions)


2/28/21

(b)

1/31/21

(b)

12/31/20

(b)

11/30/20

(b)

10/31/20

(b)

9/30/20

8/31/20

7/31/20

6/30/20

5/31/20

4/30/20

3/31/20

2/29/20

Total

$1,051.9

$834.7

$807.3

$572.7

$446.3

$407.4

$404.9

$390.5

$375.3

$375.5

$370.0

$356.2

$367.5

(a)

All figures are unaudited. AUM is inclusive of a sub-advised fund, committed capital in a closed-end vehicle, and seed investments by affiliates. Changes in AUM are generally the result of performance, contributions, and withdrawals.

(b)

Preliminary

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. GDAM operates under the legal entity Galaxy Digital Capital Management LP, an SEC registered investment advisor. 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 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, 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.

SOURCE Galaxy Digital Holdings Ltd.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2021/16/c7673.html

Tags:


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today