NEW
YORK, Jan. 9, 2023 /CNW/ - Galaxy Digital
Holdings Ltd. (TSX: GLXY) ("Galaxy") announced that its
affiliate, Galaxy Asset Management, ("GAM"), reported preliminary
assets under management of $1,825.6
million as of December 31,
2022. The -4.2% decrease in preliminary AUM was driven by
market depreciation and net outflows.
|
Assets Under
Management ("AUM")(a)(c) (In
millions)
|
|
12/31/22
(b)
|
11/30/22
(b)
|
10/31/22
|
9/30/22
|
8/31/22
|
7/31/22
|
6/30/22
|
5/31/22
|
4/30/22
|
3/31/22
|
2/28/22
|
1/31/22
|
12/31/21
|
Total
|
$1,825.6
|
$1,906.2
|
$2,041.3
|
$1,961.7
|
$2,063.6
|
$2,095.3
|
$1,695.3
|
$2,013.0
|
$2,456.0
|
$2,722.3
|
$2,408.2
|
$2,323.2
|
$2,877.1
|
(a)
|
All figures through
12/31/21 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. Changes in AUM are generally the result of
performance, contributions, withdrawals, and
acquisitions.
|
(b)
|
Preliminary AUM
associated with GVH Multi-Strategy FOF LP and GVH Market Neutral
FOF LP is based on management's most recent
estimate.
|
(c)
|
AUM for committed
capital closed-end vehicles that have completed their investment
period is reported as NAV. AUM for quarterly close vehicles is
reported as of the most recent quarter available for the applicable
period.
|
Additional information regarding GAM can be found on our website
at https://www.galaxy.com/asset-management.
About
Galaxy
Galaxy (TSX: GLXY) is a digital asset and blockchain leader
providing institutions, startups, and qualified individuals access
to the crypto economy. Our full suite of financial
services is custom-made for a digitally native ecosystem, spanning
multiple synergistic business lines: Trading, Asset Management,
Investment Banking, Mining, and Ventures. Galaxy's CEO and Founder
Michael Novogratz leads a team of
crypto enthusiasts and institutional veterans working
together on a mission to engineer a new economic paradigm. The
Company is headquartered in New York
City, with offices in Chicago, New
Jersey, Texas, London, Amsterdam, Hong
Kong, Tokyo, and the
Cayman Islands (reg. office).
Additional information about Galaxy's businesses and products is
available on www.galaxy.com.
Disclaimers
GAM 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.