Mike Novogratz is the CEO of Galaxy Investment Partners and an investment banker.
Michael Edward Novogratz is an ex-hedge fund manager, formerly of the investment firm Fortress Investment Group. He was ranked a billionaire by Forbes in 2007 and 2008.
Prior to joining Fortress, he was a partner at Goldman Sachs where he spent much time abroad including leadership roles in Asia and Latin America. Novogratz is a 1987 graduate of Princeton University, where he was a member of the wrestling team. He was a Virginia state runner-up in high school wrestling. He served in the U.S. Army National Guard after college. His siblings include Jacqueline Novogratz and Robert Novogratz.
Galaxy Digital
Nov 26th, 1964
American
New York City, New York, United States
Princeton University, A.B. in Economics - 1985-1989
Galaxy Investment Partners - CEO
Beat the Streets Wrestling, Inc. - Chairman
NYU Lagone Health
Fortress Investment Group - CIO - 2002-2015
Goldman Sachs - Partner - 1991-2002
Mike Novogratz said that the FTX founder was “delusional” about his culpability in the crypto exchange’s collapse. He further added that crypto firms should never lend out customers’ funds without taking their permission.
The crypto market continues unimpressive performance as Bitcoin consolidates below $20k and Ether dips further following post Merge sell-off.
Galaxy Digital said it would move on with its reorganization plans.
The billionaire investor also does not expect any mega bull runs in the crypto space this year due to the US Federal Reserve hiking interest rates.
Despite a severe downturn during the second quarter, Galaxy Digital maintains a solid cash position sufficient to deal with any further headwinds.
