NEW YORK, Jan. 21, 2025 /CNW/ – Galaxy Digital Holdings Ltd. (TSX: GLXY) (“Galaxy”) introduced that its affiliate, Galaxy Asset Administration, (“GAM”), reported preliminary property underneath administration of $5.7 billion as of December 31, 2024. The 6.5% lower in preliminary AUM in comparison with the prior month was primarily pushed by market depreciation and web outflows from GAM’s Passive Funds.
Word – we shall be discontinuing the discharge of our AUM on a month-to-month cadence. AUM figures will proceed to be printed quarterly as a part of Galaxy’s earnings releases.
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Belongings Beneath Administration (“AUM”)(a)(b) (in hundreds of thousands) |
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9/30/23 |
12/31/23 |
3/31/24 |
6/30/24 |
9/30/24 |
11/30/24 |
12/31/24 |
|
|
Funds(c) |
$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 |
|
Whole |
$3,917 |
$5,176 |
$7,818 |
$4,503 |
$4,636 |
$6,087 |
$5,689 |
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(a) |
All figures are unaudited. AUM is inclusive of sub-advised funds, dedicated capital closed-end autos, seed investments by associates, affiliated and unaffiliated individually managed accounts, and fund of fund merchandise. Modifications in AUM are usually the results of efficiency, contributions, withdrawals, new mandates, and acquisitions. |
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(b) |
AUM for dedicated capital closed-end autos which have accomplished their funding interval is reported as NAV plus unfunded dedication. AUM for quarterly shut autos is reported as of the newest quarter obtainable for the relevant interval. AUM for affiliated individually managed accounts is reported as NAV as of probably the most not too long ago obtainable estimate for the relevant interval. |
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(c) |
“Funds” line merchandise consists of AUM held in GAM’s Passive, Energetic, and Enterprise funds. |
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(d) |
“Opportunistic” AUM are near-term or mid-term engagements to unwind portfolios managed by GAM. |
Further info concerning GAM might be discovered on our web site at https://www.galaxy.com/asset-management.
About Galaxy Galaxy (TSX: GLXY) is a digital asset and blockchain chief offering entry to the rising digital economic system. We serve a diversified shopper base, together with establishments, startups, and certified people. Since 2018, Galaxy is constructing a holistic monetary platform spanning three complementary working companies: World Markets, Asset Administration, and Digital Infrastructure Options. Our choices embrace, amongst others, buying and selling, lending, strategic advisory companies, institutional-grade funding options, proprietary bitcoin mining and internet hosting companies, community validator companies, and the event of enterprise custodial know-how. The corporate is headquartered in New York Metropolis, with international workplaces throughout North America, Europe, and Asia.
Further details about Galaxy’s companies and merchandise is on the market on www.galaxy.com
Disclaimers
GAM is an affiliate of Galaxy Digital Holdings Ltd., an organization listed on the Toronto Inventory Change (“TSX”). The TSX has not accepted or disapproved of the knowledge contained herein.
SOURCE Galaxy Digital Holdings Ltd.
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