AUMdb

Galaxy Investment Management, Llc

SEC-registered Private Fund Manager · Small ($100M–$1B) CRD 281589 · SEC file 801-114875 · Uniondale, NY · WWW.GALAXY-FUNDS.COM
☆ Save with Pro ADV data as of Mar 25, 2026
Regulatory AUM
$324M
Discretionary
$324M
Clients
5
Avg AUM / client
$64.8M
Accounts
5
Employees
7

AUM over time

$107M $324M
Dec 2018 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 25, 2026

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 5 $324M 100.0%

Private funds (4)

Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $267M combined gross assets

FundTypeDomicileGross assetsOwners
Sterling Realty Finance Ii, Lp Hedge Fund Delaware $113M 57
Srf/Galaxy Vip Fund, Llc master Hedge Fund Delaware $68.9M 1
Sterling Realty Finance Iii, Lp Hedge Fund Delaware $68.2M 26
Sterling Realty Finance, Lp Hedge Fund Delaware $17.3M 39

People (5)

NameRole / titleCredentialsWith firm sinceOwnership
Lipsay, Seth, Barron Owner And Managing Member Nov 2014 (12y) ≈ 0% – 5% via Galaxy Fund Management, Llc
Lipsay, Deanne, Ruth Trustee Nov 2014 (12y) GP / trustee / elected manager of Lipsay Family Trust No. 1 (indirect)
Perry, Denise Trustee Nov 2014 (12y) GP / trustee / elected manager of Lipsay Family Trust No. 1 (indirect)
Partlow, Kenneth Chief Financial Officer Sep 2019 (7y) Less than 5%
Schlicht, Christine, Elizabeth Chief Compliance Officer Apr 2020 (6y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Galaxy Im Holdings, Llc Owner Nov 2014 A 75% or more
Galaxy Fund Management, Llc Managing Member Nov 2014 A Less than 5%
Gnrep Ii, Lp Owner Nov 2014 B ≈ 56.25% – 100% via Galaxy Im Holdings, Llc
Lipsay Family Trust No. 1 Limited Partner Nov 2014 B ≈ 28.13% – 75% via Gnrep Ii, Lp
Gnrep Ii Corp. General Partner Nov 2014 B GP / trustee / elected manager of Gnrep Ii, Lp (indirect)
Galaxy Fund Management, Llc Managing Member Nov 2014 B GP / trustee / elected manager of Galaxy Im Holdings, Llc (indirect)

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Lipsay, Seth, Barron: 75% – 100% of Galaxy Fund Management, Llc × 0% – 5% direct ≈ 0% – 5% of the firm
  • Gnrep Ii, Lp: 75% – 100% of Galaxy Im Holdings, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
  • Lipsay Family Trust No. 1: 50% – 75% of Gnrep Ii, Lp × 75% – 100% of Galaxy Im Holdings, Llc × 75% – 100% direct ≈ 28.13% – 75% of the firm

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (4, $267M gross assets)

FundTypeGross assetsMin. investmentOwners
Sterling Realty Finance Ii, Lp Hedge Fund $113M $0 57
Srf/Galaxy Vip Fund, Llc Hedge Fund $68.9M $0 1
Sterling Realty Finance Iii, Lp Hedge Fund $68.2M $0 26
Sterling Realty Finance, Lp Hedge Fund $17.3M $0 39

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/25/2026 2.23 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Performance-based fees

Services

  • Portfolio management for pooled investment vehicles

Custody

Firm reports having custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 25, 2026.

View current Form ADV (SEC/IAPD) ↗