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Galaxy Digital — Net Asset Value 2020
Mar 23, 2020
45785_rns_2020-03-23_f2fa64f9-5d5b-47da-854f-2adfb0c5a039.pdf
Net Asset Value
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GALAXY DIGITAL
Galaxy Digital Capital Management: February 2020 Month End AUM
New York, New York — March 23, 2020 — Galaxy Digital Holdings Ltd. (TSXV: GLXY) announced that its affiliate, Galaxy Digital Capital Management LP ("GDCM") reported preliminary assets under management of $367.5 million as of February 29, 2020.
| Assets Under Management (“AUM”)^{(a)} (In millions) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2/29/20 (b) | 1/31/20 (b) | 12/31/19 (b) | 11/30/19 (b) | 10/31/19 (b) | 9/30/19 | 8/31/19 | 7/31/19 | 6/30/19 | 5/31/19 | 4/30/19 | 3/31/19 | 2/28/19 | |
| Total | $367.5 | $369.1 | $357.2 | $360.7 | $337.0 | $336.0 | $336.8 | $389.6 | $393.9 | $421.6 | $416.3 | $417.9 | $417.6 |
(a) All figures are unaudited. AUM is inclusive of committed capital in a closed-end vehicle and seed investments by affiliates. 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.
For additional information, please contact:
Galaxy Digital Stephen Kurz, Head of Asset Management Email: [email protected] Tel: 212.390.9216
Prosek (for media inquiries on behalf of Galaxy Digital) Mike Geller, Managing Director Email: [email protected] Tel: 212.279.3115; Ext: 242
All figures are in U.S. Dollars unless otherwise noted.