NEW
YORK, March 9, 2023 /CNW/ - Galaxy Digital
Holdings Ltd. (TSX: GLXY) ("Galaxy") announced that its
affiliate, Galaxy Asset Management, ("GAM"), reported preliminary
assets under management of $1,911.0
million as of February 28,
2023. The 0.9% increase in preliminary AUM compared to prior
month was driven by market appreciation and net inflows.
|
Assets Under
Management ("AUM")(a)(c) (In
millions)
|
|
2/28/23
(b)
|
1/31/23
(b)
|
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
|
Total
|
$1,911.0
|
$1,893.6
|
$1,705.2
|
$1,906.3
|
$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
|
(a)
|
All 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 global offices across North America, Europe, and Asia.
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.