WHO IS GALAXY DIGITAL?

Galaxy Digital Capital Management LP (Galaxy Digital) is a global crypto-focused financial services firm with considerable experience in the digital assets, cryptocurrency and blockchain technology sector. The company was founded in 2018 and is composed of a team of long-tenured institutional experienced professionals managing third-party capital across traditional and alternative asset classes.

WHY PARTNER WITH GALAXY DIGITAL?

 

We chose to partner with Galaxy Digital for the following reasons:

  • Expertise: Galaxy Digital has extensive global expertise in blockchain and cryptocurrency. Their insights have helped CI GAM become a leader of cryptocurrency investment solutions in Canada. 
  • Experience: They are one of the largest principal traders in the digital asset space with deep institutional experience managing third-party capital.
  • Partnerships: Galaxy Digital is exceptionally connected through the blockchain and digital assets ecosystem. They maintain strong and reliable relationships with other cryptocurrency firms, including over-the-counter (OTC) trading partners used to buy and sell bitcoin and ether in our funds. 
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Through CI Global Asset Management’s partnership with Galaxy Digital, advisors and clients can now access a diverse set of industry leading cryptocurrency solutions, such as CI Galaxy Bitcoin ETF, CI Galaxy Ethereum ETF, and CI Galaxy Multi-Crypto ETF.

 

OUR TEAM

Mike Novogratz

Mike Novogratz

Founder and CEO
Galaxy Digital Capital Management LP

Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Prior to Fortress, Mr. Novogratz spent 11 years at Goldman Sachs, where he was elected Partner in 1998. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 – 2015. Mr. Novogratz serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation. He also sits on the Board of Overseers at NYU Langone Medical Center and is a board member of Princeton Varsity Club and Jazz Foundation of America. Mr. Novogratz received an AB in Economics from Princeton University and served as a helicopter pilot in the US Army.



Steve Kurz

Steve Kurz

Head of Asset Management
Galaxy Digital Capital Management LP

Mr. Kurz is currently a Partner and Head of Asset Management for Galaxy. Mr. Kurz joined Galaxy in 2017. Prior to Galaxy, Mr. Kurz was a Principal and Head of Business Development at River Birch Capital, LLC. Prior to joining River Birch, Mr. Kurz was a Vice President at Fortress Investment Group, where he held capital raising, product specialist, and strategy roles. Mr. Kurz started his financial services career at Lehman Brothers as a Capital Markets Analyst in the Fixed Income Division. Mr. Kurz is an active angel investor, and is a Co-Founder of and Senior Advisor to Outer Realm VR, a Board Observer and Advisor to MicroCures Inc., and a member of NextGen Venture Partners. He serves on the New York Advisory Board of a music charity called Little Kids Rock. Mr. Kurz holds a B.A. in Economics from Cornell University.



Paul Cappelli

Paul Cappelli

Portfolio Manager
Galaxy Digital Capital Management LP

Mr. Cappelli joined Galaxy Digital Capital Management LP in 2017. Prior to 2017, Mr. Cappelli was a Director of Fixed Income at State Street Global Advisors (SSGA) working in Capital Markets for their ETF Business. Prior to joining SSGA, Mr. Cappelli was a Director in High Yield sales and trading at Oppenheimer. Mr. Cappelli started his career at HSBC as a Foreign Exchange Analyst before spending nearly 10 years at Citigroup in Fixed Income sales and trading. Mr. Cappelli is a member of the Monogram Club at the University of Notre Dame where he won a Monogram as member of the Men’s Lacrosse Team from 2000-2004. Mr. Cappelli is also a supporter of a Walk on Water which promotes therapy through surfing. Mr. Cappelli holds a B.A. in Political Science from the University of Notre Dame.



GALAXY INSIGHTS

 

The thought leaders and portfolio managers of Galaxy Digital offer insights into the trends, events, policies and politics that are creating investment risks—and opportunities—around the world.

Articles

Articles

Fund Commentaries

Fund Commentaries

Videos

Videos

Podcasts

Podcasts

CI Bitcoin Fund, CI Ethereum Fund, CI Galaxy Bitcoin ETF, CI Galaxy Ethereum ETF and CI Galaxy Multi-Crypto ETF (the “CI Cryptocurrency Funds”) are mutual funds and exchange-traded funds that invest in the digital cryptocurrencies. Given the speculative nature of cryptocurrency and the volatility of the cryptocurrency markets, there is no assurance that the CI Cryptocurrency Funds will be able to meet their investment objectives. An investment in the CI Cryptocurrency Funds is not intended as a complete investment program and is appropriate only for investors who have the capacity to absorb a loss of some or all of their investment. An investment in the CI Cryptocurrency Funds is considered high risk.