New York, January 21, 2025 /CNW/ – Galaxy Digital Holdings (TSX: GLXY) (“Galaxy”) announced that its affiliate Galaxy Asset Management (“GAM”) has reported reserve assets under management as follows: $5.7 billion today December 31, 2024. The 6.5% decrease in reserve AUM compared to the previous month was primarily due to market depreciation and net outflows from GAM passive funds.
Note – We are discontinuing monthly AUM releases. AUM figures will continue to be published quarterly as part of Galaxy’s earnings releases.
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Assets Under Management (“AUM”)(a)(b) (in millions) |
|||||||
|
September 30, 23 |
23/12/31 |
March 31, 24 |
June 30, 24 |
September 30, 24 |
24/11/30 |
24/12/31 |
|
|
funds(aspirate) |
$2,305 |
$3,098 |
$4,378 |
$3,983 |
$4,207 |
$5,577 |
$5,178 |
|
opportunistic(d) |
$1,612 |
$2,078 |
$3,440 |
$520 |
$429 |
$510 |
$511 |
|
gun |
$3,917 |
$5,176 |
$7,818 |
$4,503 |
$4,636 |
$6,087 |
$5,689 |
|
(no way) |
All figures have not been audited. AUM includes funds of sub-advisory funds, committed capital closed-end vehicles, seed investments from affiliates, affiliated and non-affiliated separately managed accounts, and fund products. Changes in AUM are usually the result of achievements, contributions, withdrawals, new mandates, and acquisitions. |
|
(rain) |
AUM of committed capital closed-end vehicles with completed investment periods is reported as NAV plus unfunded commitments. AUM of vehicles closed by quarter is reported based on the most recent quarter available for that period. AUM for separately managed affiliate accounts is reported at NAV based on the most recent available estimate for the period in question. |
|
(aspirate) |
The “Funds” category consists of AUM held in GAM’s passive, active and venture funds. |
|
(d) |
“Opportunistic” AUM are short- or medium-term contracts to pool portfolios managed by GAM. |
Additional information about GAM can be found on our website: https://www.galaxy.com/asset-management.
for galaxy Galaxy (TSX: GLXY) is a digital asset and blockchain leader providing access to the growing digital economy. We serve a diverse client base including institutions, startups and qualified individuals. Since 2018, Galaxy has been building a comprehensive financial platform encompassing three complementary operating businesses: global markets, asset management, and digital infrastructure solutions. The services we provide include trading, lending, strategic advisory services, institutional-level investment solutions, and proprietary services. Bitcoin Mining and hosting services, network verification services, and corporate management technology development. The company is headquartered in the following locations: New York CityWe have global offices around the world. North America, europeand Asia.
Additional information about Galaxy’s business and products can be found at www.galaxy.com.
Disclaimer
GAM is an affiliate of Galaxy Digital Holdings Ltd., a company listed on the Toronto Stock Exchange (“TSX”). The TSX has neither approved nor disapproved the information contained herein.
Source Galaxy Digital Holdings Co., Ltd.
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