Investments
4Portfolio Exits
1Funds
1Latest Galaxy Investment Partners News
May 7, 2022
Written by: Delma Wilson Delma Wilson Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks.She likes pets and shares her free time with NGO. May 7, 2022 Though the world’s largest cryptocurrency by market cap, Bitcoin was facing a bearish trend, the crypto space was still expecting the price to reclaim $40,000. However, the flagship currency has yet again declined and the price has hit below $36,000. Bitcoin is one of the assets that respond to Nasdaq stocks, not that Bitcoin is linked to Nasdaq, but because it falls under the same category as stocks, and also monetary policies leave a huge impact on Bitcoin as well. Meanwhile, in a recent CNBC report, Mike Novogratz , Galaxy Investment Partners CEO and also a trader, put forth his opinion saying that he is looking forward to another dip on NASDAQ which in turn will also affect the cryptocurrency market. Along with predicting another financial market dump, Galaxy investment CEO expects a harsh wind for the market as the Fed is yet to make a 50 bp rake hike along with huge fund outflow from assets like stocks. When looking at the crypto market, the cryptocurrencies are all on a red note which is completely the opposite of previous gains. And this has happened moments after the rate hike announcement. Back in March, Mike Novogratz had an opposite stance as he had claimed that it would not be a surprise for him if the cryptocurrencies rallied by the end of 2022 would bring them in higher trading volume. But today, that bullish stance has been replaced by Mike’s doubt on the performance of the crypto market during the coming weeks or even months as the stocks and other high-risk assets remain under selling pressure. Mike Novogratz is one of the famous cryptocurrency proponents who firmly believes that crypto adoption will drive the next rally and this is likely to begin at the end of this year, 2022 Tags
Galaxy Investment Partners Investments
4 Investments
Galaxy Investment Partners has made 4 investments. Their latest investment was in ATAI Life Sciences as part of their Series C on November 11, 2020.
Galaxy Investment Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/23/2020 | Series C | ATAI Life Sciences | $125M | Yes | 33 | |
7/30/2019 | Series B | |||||
1/26/2018 | Seed | |||||
10/2/2017 | Seed VC |
Date | 11/23/2020 | 7/30/2019 | 1/26/2018 | 10/2/2017 |
---|---|---|---|---|
Round | Series C | Series B | Seed | Seed VC |
Company | ATAI Life Sciences | |||
Amount | $125M | |||
New? | Yes | |||
Co-Investors | ||||
Sources | 33 |
Galaxy Investment Partners Portfolio Exits
1 Portfolio Exit
Galaxy Investment Partners has 1 portfolio exit. Their latest portfolio exit was ATAI Life Sciences on June 18, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
6/18/2021 | IPO | Public | 17 |
Date | 6/18/2021 |
---|---|
Exit | IPO |
Companies | |
Valuation | |
Acquirer | Public |
Sources | 17 |
Galaxy Investment Partners Fund History
1 Fund History
Galaxy Investment Partners has 1 fund, including Galaxy Investment Partners.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Galaxy Investment Partners | $150M | 1 |
Closing Date | |
---|---|
Fund | Galaxy Investment Partners |
Fund Type | |
Status | |
Amount | $150M |
Sources | 1 |
Galaxy Investment Partners Team
2 Team Members
Galaxy Investment Partners has 2 team members, including former Chief Investment Officer, Christopher Ferraro.
Name | Work History | Title | Status |
---|---|---|---|
Christopher Ferraro | HPS Investment Partners, and BlackRock Kelso Capital | Chief Investment Officer | Former |
Sam Englebardt | Demarest Films, and Lambert Media Group | Managing Director | Former |
Name | Christopher Ferraro | Sam Englebardt |
---|---|---|
Work History | HPS Investment Partners, and BlackRock Kelso Capital | Demarest Films, and Lambert Media Group |
Title | Chief Investment Officer | Managing Director |
Status | Former | Former |
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