glp capital partners

GLP is a global company with headquarters in every country in which we operate including Brazil, China, Europe, India, Japan, the US and Vietnam. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. This documentary-style series follows investigative journalists as they uncover the truth. Find More Contacts for GLP Capital Partners. Markets never sleep, and neither does Bloomberg. GCP is a vertically integrated investment manager with a dedicated focus on logistics, supply chain, and storage real estate. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. Global Partnerss dividend payout ratio is 25.32%. GLP Capital Partners' Post GLP Capital Partners 1,707 followers 8h Today, we're excited to announce that we raised $12.3 billion in equity in 2022 across our real asset and private equity. Shares of NYSE GLP opened at $34.99 on Friday. Global Partners (NYSE:GLP - Get Rating) posted its earnings results on Monday. Over the years, we have formed multiple partnerships with organizations around the globe to expand our capabilities in logistics, real estate, infrastructure, solar energy, finance, private equity, technology and more. For the full year, GDSO product margin was up $209 million to $856.6 million, with fuel margins increasing $0.09 per gallon to $0.36 from $0.27 per gallon in the year-earlier period. Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. Our new structure puts us in a position to grow GCP into one of the only truly global alternative asset managers with both a leading presence in Asia and a track record of scale and success in the US, Brazil and Europe, said Alan Yang, CEO of GLP Capital Partners. Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business. As part of our work in the clean fuel space, we formed an interdisciplinary team to research and evaluate hydrogen mobility supply and distribution opportunities. Contacts Dafna Tapiero dtapiero@laurelstrategies.com 202-776-7776 GLP. GLP Capital Partners of GCP has closed what it says is the largest discretionary closed-end fund focused on North American logistics real estate ever raised. To date, the group has secured more than $800,000 in grants to deploy DCFC EV charging stations at six of our locations and has developed a spec for DCFC stations at new Alltown Fresh locations. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. 13 min read. Global Partners (NYSE:GLP Get Rating) last issued its quarterly earnings data on Monday, February 27th. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. GLP Capital Partners (GCP) is a registered investment adviser with over $5 billion in assets under management (AUM). Sovereign Investor Leadership Conference March 2023 Menu Stifel Nicolaus raised Global Partners from a hold rating to a buy rating in a research note on Monday, November 7th. For the full year, DCF was $413.4 million compared with $120.7 million in '21. 10x harder to hold good investments, Managing Director, Head of GC&SEA&Australia, We are thrilled to collaborate with Crow Holdings, a US-based real estate investment manager. 2023 Could be Year Apartment Owners Compete for Renters, Beyond Population Shifts: Why Multifamilys Outlook Is Good, Cost of Capital Has CRE Projects Mostly Stalled. Sensors track detailed information on trucks, drivers and cargo in real time, thus enabling a real-time view of fleet operations and the flow of goods. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. We encourage our people to think beyond the bounds of their roles and our industry by being innovative, sharing new ideas and working as a team. 77 % of GDP 55 % of global population 66 Offices 17 Countries The History of GLP Frequently Asked Questions Is GLP a private company? Los Angeles-based GCP was established in 2019 by the team that is responsible for the largest private real estate transaction in history. Finally, UBS Group AG increased its holdings in Global Partners by 328.0% in the second quarter. SG&A expenses increased $23 million in the fourth quarter to $80.8 million. This is a boost from Global Partnerss previous quarterly dividend of $0.63. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. GLP is a privately owned company incorporated in Singapore. Global Partners had a return [] GLP Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Monoful is the business development arm of GLP Japan. Overnight on Wall Street is daytime in Asia. Pallas Capital Advisors LLC now owns 1,382,449 shares of the energy companys stock worth $46,312,000 after purchasing an additional 36,458 shares in the last quarter. Our sites are strategically located along the "dorsale" logistics corridor and offer customers access to United Kingdom's biggest population centers and sea ports. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors Read More GLP Enters Japan's Data Center Market, Targeting 900 MW Power Capacity GLP Capital Partners Scores $64M Construction Loan For Doral Logistics Project As demand outpaces supply in South Florida's industrial market, GLP Capital Partners scored a $64.2 million construction loan for a new logistics park in Doral, The Real Deal has learned. Strong compliance background with experience in complex investor due diligence and familiar with the FCA handbook. TTM distribution coverage as of December 31, 2022, including the onetime special distribution was 3.4x or 3.3x after factoring in distributions to our preferred unitholders. He received his Bachelor of Science in Finance from Indiana University School of Business. Ming co-founded Eastern Bell Venture Capital and sits on various public and private boards. This is a profile preview from the PitchBook Platform. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. GCP is focused on uncovering advantaged opportunities in logistics real. These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. Leverage, which is defined in our credit agreement as funded debt-to-EBITDA was approximately 1.74x at the end of the fourth quarter. GLP Capital Partners, a global alternative asset manager with approximately $125 billion in assets under management, is the exclusive investment and asset manager of GLP. The company announced the . UBS Group AG now owns 70,415 shares of the energy companys stock valued at $1,655,000 after buying an additional 53,964 shares during the last quarter. Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. As we continue to invest in optimizing our sites with an eye towards sustainability, we know that the drivers of tomorrow will have different expectations and needs than the drivers of today. At over $2.3 billion the fund, GLP . The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. Your article was successfully shared with the contacts you provided. Los Angeles, CA Prologis 3 years 7 months Investment Director Prologis Nov 2020 - Oct . Our combined global experience and expertise allow us to build businesses create value for our partners Its Time For A Fresh Look At The Kroger Co. West Frasers Earnings Scream Timber, Outlook Says Buy, MarketBeat.com's FREE daily email newsletter. REGISTRATION STATUS . Los Angeles City Employees' Retirement System, Youre viewing 5 of 6 limited partners. Ming graduated from the Kellogg School of Management at Northwestern University and the School of Business and Management at the Hong Kong University of Science and Technology with a Master of Business Administration. December 08, 2021 05:30 PM. By Francisco Alvarado. Private Equity | GLP Investing in established and growth-stage businesses. These current estimates depend in part on the timing of completion of projects, availability of equipment and workforce, weather and unanticipated events or opportunities requiring additional maintenance or investments. Delivered first phase of 120 MW data center in Jiangsu Province, China. GLPGCP GLP Capital Partners ""46 1250 . I lead the legal strategy on major transactions and coordinate our dedicated team of external counsel. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. The gasoline distribution contribution to product margin was up $36.2 million to $155.9 million, primarily due to higher fuel margin and an increase in volumes sold, partially due to our recent acquisitions. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. The energy company reported $1.54 earnings per share (EPS) for the quarter, beating analysts consensus estimates of $1.40 by $0.14. Posted by MarketBeat News on Mar 3rd, 2023. As an early mover who saw the potential in building a smart logistics ecosystem ahead of its time, Hidden Hill Capital has, since 2018, invested RMB 6 billion in more than 50 companies in the fields of digital supply chain and logistics technology such as modern logistics service systems and food supply chains. The fund was oversubscribed at its hard-cap at $1.5 billion, thus making it the the largest self-storage vehicle ever raised. GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. The energy . Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). GLP Capital Partners has announced a final close for GCP SecureSpace Property Partners. In January, the Board declared a fourth quarter cash distribution of $1.5725 per unit on all of our outstanding common units consisting of a quarterly distribution of $0.6350 per unit, $2.54 per unit on an annualized basis and a onetime special distribution of $0.9375 per common unit. An investor who invested $10,000 in Warren Buffett's hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees . The fund targets logistics sector. GLP Pte Ltd (formerly Global Logistic Properties Limited) converted to a private company after delisting from the Singapore Exchange Securities Trading Limited (SGX-ST) on 22 January 2018. G7 is a technology company backed by GLP. In December, we entered into a purchase agreement with Gulf Oil Limited partnership to acquire five of Gulf's refined product terminals for approximately $273 million in cash. I manage the legals on acquisitions, dispositions . GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. Singapore. For those of you who are participating, we look forward to meeting with you. Brandywine Realty Trust. 2022 was an exceptionally strong year for Global, reflecting the dedication of our incredible team, our vertically integrated assets, adaptable operating model and strong balance sheet position us well for the year ahead. Read more about GLP Capital Partners. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. Thank you for joining us. G7 currently serves more than 60,000 customers with more than 1.5 million connected vehicles in China and is committed to developing an open ecosystem that connects vehicles, logistic infrastructure and financial institutions. Tower Research Capital LLC TRC Raises Stock Holdings in Innoviva, Inc. (NASDAQ:INVA), Tower Research Capital LLC TRC Trims Holdings in SPDR S&P Pharmaceuticals ETF (NYSEARCA:XPH), Get a free copy of the StockNews.com research report on Global Partners (GLP), Hormel Hits 2-Year Low, And The Dip Gets Bought, Heres Why Ross Could Soon Be Hitting All Time Highs. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. Gregory Hanson: Thank you, Eric, and good morning, everyone. GLPs strategy is to make private equity investments in businesses and technologies that complement our core logistics real estate business and other high-growth sectors of the economy. Join to view profile GLP Capital Partners . U.S. Chief Investment Officer at GLP Capital Partners New York, New York, United States. Hong Kong SAR. This Q4 retail quarterly index report reveals how economic headwinds impacted key retail CRE categories during the critical holiday shopping season, and what their performance tells us about consumer behavior and brick-and-mortar retail in the year ahead. Now it's my pleasure to turn the call over to our President and Chief Executive Officer, Eric Slifka. GLP CAPITAL PARTNERS, INC. ( CRD # 304917/SEC#:801-117132 ) GLP CAPITAL PARTNERS LP, GLP CAPITAL PARTNERS, INC. View latest Form ADV filed Part 2 Brochures. Sign in or Register Sign in / Register Database LP search GP search GLP Capital Partners, a global alternative asset manager with approximately $125 billion in assets under management as of 31 December 2022, is the exclusive investment and asset manager of GLP. All Rights Reserved. Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of GLP. Download this eBook and learn how CRE professionals can proactively manage economic challenges by leveraging the power of data. Our ability to attract top talent and focus on developing their skills supports our global growth and helps the company expand beyond what it is today. As a group, equities analysts expect that Global Partners LP will post 3.2 earnings per share for the current fiscal year. GLP Capital Partners was founded in 2019 and is based in Santa Monica, California. Consistent with our focus on strategic transactions that strengthen our long-term earnings power, during the year, we closed on over $255 million of retail acquisitions. Looking at the Wholesale segment for the fourth quarter of 2022, product margin increased $38.1 million to $70.7 million. The business also recently declared a quarterly dividend, which was paid on Tuesday, February 14th. Next week, Mark and I will be participating in the JPMorgan 2023 Global High Yield and Leverage Finance Conference. We also continue to focus on optimizing our terminal network. GLP Capital Partners Oct 2021 - Present 1 year 5 months. #1400 Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Pacific Biosciences of California, Inc. (NASDAQ:PACB) Shares Sold by Shell Asset Management Co. Algoma Steel Group Inc. (NASDAQ:ASTL) Shares Sold by Shell Asset Management Co. New Gold Inc. (NYSEAMERICAN:NGD) Shares Sold by Shell Asset Management Co. 10x easier to find good investments GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. It specializes in acquisitions, development, operations, technology, and e-commerce. GLP Capital Partners Native Currency USD Fund Manager's Location 100 Wilshire Boulevard Suite 1400 Santa Monica, CA 90401 United States +1 (310) 000-0000 Fund Domiciles United States: Delaware Cayman Islands GLP Capital Partners IV Investment Strategy Investments by Industry Investments by Deal Type Want detailed data on 3M+ companies? The value-add fund will invest into the logistics sector. Our European platform is built on more than 30 years of experience in logistics real estate and operates in 12 countries across the continent, covering all major logistics markets. GLP Capital Partners LP operates as an investment management company. Li & Fung is a global leader in creating customized, end-to-end supply chain and logistics solutions to help brands and retailers respond quickly to evolving consumer and production trends. Global Partners LP has a 1-year low of $20.23 and a 1-year high of $39.24. Ming Mei is co-Founder and CEO of GLP. It's zoned for industrial development and can be developed into 500,000 square feet of commercial space. As of December 31, 2022, total borrowings outstanding under the credit agreement were $252.4 million. Operator: Good day, everyone, and welcome to the Global Partners . Our #pwcrealestate Tax Service News summarizes the new legislation and gives an update of the currently applicable RETT rates at chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://lnkd.in/eNUEvkYH, Chief Human Resources Officer at GLP Capital Partners (GCP), Thrilled indeed! The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. In 2022, we made great strides in defining our role in the energy transition from actively crafting clean fuels policy to investing in the infrastructure to deliver low-carbon solutions to creating mechanisms for people to lead with ingenuity; we are making progress on our sustainability journey. GDSO product margin was up $46.1 million in the quarter to $223.2 million. The companies it has invested in include Linklogis, Sygnum, Fenbeitong, Flowcast, Smart-Insight and more. In addition to the power of our people, our company performance demonstrates the resilience of our business model, the strength of our assets and the value that we deliver for the guests at our gas stations and convenience markets and the customers at our liquid energy terminals every day. Under his leadership and vision, GLP revolutionized the modern logistics industry by taking an innovative and entrepreneurial approach to growth and value creation and has since expanded into adjacent sectors and new markets. GLP invested in Li & Fung to help execute on its Logistics/Assets-as-a-Service approach, which uses data analytics and technologies to bring value to customers. GLP Capital Partners is the exclusive investment and asset manager of GLP. Retailers faced a wide range of challenges in 2022. Strategic Partners GLP forms strategic investment partnerships with companies that can bring about more opportunities and synergies with our core logistics real estate business globally and expand our investment scope further into adjacent segments. Director, Deal Advisory, Infrastructure Advisory at KPMG US, I'm excited to announceARCO/Murray's 4th annual Women in Construction event. Caution and uncertainty are the popular themes. Operator? Solartility platform leases panels, storage batteries and bi-directional meters. The distribution was paid on February 14 to unitholders of record as of the close of business on February 8. Website https://gcp.com/ Industries Financial Services Company size 501-1,000 employees Headquarters Singapore Type. Fund name: GLP Capital Partners IV Fund size: $2.3 billion Target size: $2 billion Launch date: June 2020 Current status: Final close, July 2021 GLP Capital Partners has held a final close on their fourth flagship fund, the GLP Capital Partners IV.Successfully raising more than $2.3 billion, the vehicle will invest in logistics real estate throughout the US. Were proud of our long-shared history and culture with GLP and will continue to leverage our combined capabilities to create a powerful and unique ecosystem and value proposition for the benefit of our investors, customers and each other. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. Today's call will include forward-looking statements within the meaning of Federal securities laws. This years Innovation Summit featured finalists selected by the Earthshot council in addition to panelist speakers from heads of state, grassroots organizations and tech leaders. How long this might continue is impossible to say at the moment. GLP was founded by Ming Mei and Jeff Schwartz as a developer and operator of logistics real estatewith operations in Japan and China, Listed on the Singapore Stock Exchange in the largest ever real estate IPO globally, Entered Brazil market as market leader with acquisition of $1.45B platform, Listed $1.3B GLP J-REIT (TSE: 3281) on Tokyo Stock Exchange - the largest real estate IPO in Japan, AUM grows to $11B with launch of first development fund in China and expansion of development vehicle in Japan, Enter the U.S. through the $8B acquisition of IndCorfrom Blackstone and becomes second largest logistics real estate owner in the U.S. within 12 months, Entered Europe market through the $2.8B acquisition of Gazeley and doubled Europe AUM within a year, GLP delists from SGX in $12B transaction, the largest of a listed company in Asia, GLP enters India via strategic partnership with IndoSpace, GLP sells 179M sq ft of U.S. assets to Blackstone for $18.7B, the largest-ever private real estate transaction globally, AUM grows to $89B following announcement of strategic investment partnership with China Merchants Capital, Global business expands to 17countries following acquisition of European portfolioand entry into Vietnam, Private equity business acquiresstake in Li & Fung, GLP C-REIT (508056:CH) is among the first batch of nine C-REITs to be listed in China. These statements include projections, expectations and estimates concerning the future financial and operational performance of Global Partners, which are based on assumptions regarding market conditions, demand for liquid energy products and convenience store products, the regulatory and permitting environment, the forward product pricing curve and other factors, which could influence our financial results. Boston Properties. GLP Capital Partners (GCP) has raised $2.3bn (1.9bn) for its North American logistics real estate fund. Product margin from other oils and related products, which include distillates and residual oil, was up $48.5 million to $59.4 million, primarily due to more favorable market conditions in distillates. AvalonBay Communities. GCP also invests in logistics technology companies from seed to growth equity stages. Shell Asset Management Co. Reduces Stock Holdings in GXO Logistics, Inc. (NYSE:GXO), Shell Asset Management Co. Decreases Stock Position in Hudbay Minerals Inc. (NYSE:HBM). Any material comments concerning future results of operations will be communicated through news releases, publicly announced conference calls or other means that will constitute public disclosure for the purposes of Regulation FD. Following their record-breaking $18.7 billion sale of the GLP U.S. portfolio in 2019, the team launched GCP as an independent investment manager alongside Modlo, its wholly-owned logistics real estate company. BNP Paribas Arbitrage SA now owns 76,081 shares of the energy companys stock worth $1,788,000 after acquiring an additional 58,550 shares during the last quarter. Happy to be at the ETF conference in Miami sharing our story! Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. The companies it has invested in include Yimidida, Hive Box, Zongteng Logistics, G7, Inceptio Technology, Trunk, LiBiao Robot, Eastern Airlines Logistics, Wangjiahuan, Ouyeel, etc. StockNews.com lowered Global Partners from a strong-buy rating to a buy rating in a report on Tuesday. CapEx or the full year 2022 was $106.8 million, consisting of $54.4 million in maintenance CapEx, in line with our guidance of $45 million to $55 million; and expansion CapEx, excluding acquisitions of $52.4 million, in line with our guidance of $50 million to $60 million. The segment's performance for both periods was driven largely by an increase in bunkering activity. This represents a $6.29 annualized dividend and a dividend yield of 17.97%. 617-542-5300 GLP@investorrelations.com All rights reserved. Watch below as Catherine discusses the Emerge EMPWR program as a stepping stone for other women in the industry.This program will be a role model for future female portfolio managers. To explore GLP Capital Partners IVs full profile, request access. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. Several other hedge funds have also made changes to their positions in GLP. For companies across our industry and many others, 2022 was a year of significant challenges, including supply chain constraints, steep commodity price volatility, inflation, a tough labor market in the war in Ukraine.

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