NEW YORK, Oct. 10, 2019 /CNW/ - Galaxy Digital Holdings
Ltd. (TSXV: GLXY; Frankfurt: 7LX)
announced that its affiliate, Galaxy Digital Capital Management LP
("GDCM") reported preliminary assets under management of
$336.0 million as of September 30, 2019.
Assets Under
Management ("AUM")(a) (In
millions)
|
|
9/30/19
(b)
|
8/31/19
(b)
|
7/31/19
(b)
|
6/30/19
|
5/31/19
|
4/30/19
|
3/31/19
|
2/28/19
|
1/31/19
|
12/31/18
|
11/30/18
|
10/31/18
|
9/30/18
|
Total
|
$336.0
|
$336.8
|
$389.6
|
$393.9
|
$421.6
|
$416.3
|
$417.9
|
$417.6
|
$416.5
|
$423.0
|
$422.8
|
$441.9
|
$447.8
|
|
|
(a)
|
Figures through
12/31/2018 are audited; all other figures are unaudited. AUM
is inclusive of committed capital in a closed-end vehicle.
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.
SOURCE Galaxy Digital Holdings Ltd