NEW
YORK, July 17, 2023 /CNW/ - Galaxy Digital
Holdings Ltd. (TSX: GLXY) ("Galaxy") announced that its
affiliate, Galaxy Asset Management, ("GAM"), reported preliminary
assets under management of $2,494
million as of June 30, 2023.
The 3.3% increase in preliminary AUM compared to the prior month
was driven by net inflows and market appreciation.
|
Assets Under
Management ("AUM")(a)(c) (In
millions)
|
|
6/30/23
(b)
|
5/31/23
(b)
|
4/30/23
|
3/31/23
|
2/28/23
|
1/31/23
|
12/31/22
|
11/30/22
|
10/31/22
|
9/30/22
|
8/31/22
|
7/31/22
|
6/30/22
|
|
Total
|
$2,494
|
$2,414
|
$2,464
|
$2,437
|
$1,915
|
$1,899
|
$1,711
|
$1,906
|
$2,041
|
$1,962
|
$2,064
|
$2,095
|
$1,695
|
|
(a)
|
All figures are
unaudited. AUM is inclusive of sub-advised funds, committed
capital closed-end vehicles, seed investments by affiliates,
affiliated separately managed accounts, 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 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. AUM for affiliated separately managed accounts is reported
as NAV as of the most recently available estimate 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 access to the growing
digital economy. We serve a diversified client base, including
institutions, startups, and qualified individuals. Since 2018,
Galaxy is building a holistic financial platform spanning three
complementary operating businesses: Global Markets, Asset
Management, and Digital Infrastructure Solutions. Our offerings
include, amongst others, trading, lending, strategic advisory
services, institutional-grade investment solutions, proprietary
bitcoin mining and hosting services, network validator
services, and the development of enterprise custodial technology.
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.