Santa Monica, California, United States 1-10 Venture Capital Early Stage Venture www.glpcp.com/ 10,144 Highlights Investments 6 Employee Profiles 5 Contacts 21 Similar Companies 5 The Earthshot Prize 2022 is a global prize designed to incentivize change and help to repair our planet by awarding five winners each year for their contributions to environmentalism. All Rights Reserved. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Capital Partners Boardwalk Real Estate Investment Trust. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. As a group, equities analysts expect that Global Partners LP will post 3.2 earnings per share for the current fiscal year. 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. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. Americold. GLP reorganises global fund management platform to form GLP Capital Partners. GLP Capital Partners Fund Manager Profile | Preqin Turning to the Commercial segment. In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of 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. GLP Capital Partners IV is a real estate value added fund managed by GCP. Our combined global experience and expertise allow us to build businesses create value for our partners The company was formerly listed on SGX-ST between 2010 to 2018. As General Counsel & Chief Administrative Officer I sit on the GLP Europe management team and am responsible for all legal, compliance, regulatory, risk management and governance matters in Europe, as well as Marketing & Communications. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . The firm had revenue of $4.43 billion during the quarter, compared to analysts expectations of $4.51 billion. To learn more about GLP Capital Partners, visit www.gcp.com. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. Very excited to be on this journey with GCP! For full year 2023, we expect maintenance capital expenditures in the range of $50 million to $60 million; and expansion capital expenditures, excluding acquisitions, in the range of $55 to $65 million, relating primarily to investments in our gasoline station business. The JVwill explore a range of opportunities including creating smart energy systems for commercial properties, providing renewable energy to logistics assets and expanding energy storage capabilities for rooftop solar panels and also test the viability of autonomous vehicles in logistics management and transportation to develop green smart supply chain hubs. Turning to our distribution. Live market coverage co-anchored from Hong Kong and New York. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. 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. 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. In addition, in the fourth quarter, we incurred an expense of approximately $7.5 million in connection with an ongoing dispute between us and a landlord at certain of our sites, which we are currently disputing. GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners In the renewable fuels area, we permitted and completed the installation of customizable biofuel systems at four of our terminals and began biofuel supply projects at two additional facilities. All Rights Reserved. Corporate Finance & Alternative Asset Investment. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. This reflected an increase in activity at our convenience stores in part due to our recent acquisitions. Global Partners LP - Investor Relations 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. Private Equity | GLP Investing in established and growth-stage businesses. 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. SLP | LinkedIn Careers - GLP Europe - Be a part of our next success story Growth Strategy with GLP Group Leveraging GLP Group's expertise in managing logistics facilities to the greatest extent possible, GLP J-REIT will work to maximize unitholder value through our best-in-class (highest level) asset management, which is esteemed in Japan and around the world. GLP Capital Partners. Issuer: GLP Capital, L.P. Debt Level: senior unsecured Issue: USD 975 mln 5.375% bond/note 28-Apr-2026. Ming co-founded Eastern Bell Venture Capital and sits on various public and private boards. Thank you for joining us. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Turning to our segment details. #GCP #GLP, Very exciting to be managingthis ETF! 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. Receive News & Ratings for Global Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Partners and related companies with MarketBeat.com's FREE daily email newsletter. Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. 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. Looking at the Wholesale segment for the fourth quarter of 2022, product margin increased $38.1 million to $70.7 million. GLP Capital Partners has announced a final close for GCP SecureSpace Property Partners. For the full year, Commercial segment product margin increased $25.4 million to $41 million. Chief Operating Officer at GLP Capital Partners Englewood, Colorado, United States 1K followers 500+ connections Join to connect GLP Capital Partners (GCP) Activity Congratulations Karolina. 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. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. Purchased by MetLife Investment Management LLC. Fund Management & Investment GLP Capital Partners is the exclusive fund manager and investment advisor of GLP, a leading global business builder, investor, developer and operator. The Company focuses on providing logistics real estate investment management solutions. 304917 Latest Filing 26 Aug 2022 SEC No. GLP Capital Partners LP operates as an investment management company. Operating Partners Bespoke has over 75 Operating Partners who support the firm by assisting with opportunity identification, due diligence, building a value creation plan and investment oversight. The entity was formed on January 15, 2020 in the jurisdiction of Delaware. 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. GCP: Versatile strategy critical to deployment in US logistics - PERE 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. It specializes in acquisitions, development, operations, technology, and e-commerce. The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. Already have an account? GLPGCP GLP Capital Partners ""46 1250 . Los Angeles, CA Prologis 3 years 7 months Investment Director Prologis Nov 2020 - Oct . GLP Capital Partners | LinkedIn Pallas Capital Advisors LLC lifted its stake in shares of Global Partners by 2.7% during the third quarter. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. GLP Capital Partners IV Profile: Returns & Limited Partners | PitchBook GLP Capital Partners ("GCP") is a US-based real estate investment manager with fully integrated operating platforms focused on logistics real estate and adjacent asset classes. About Us | GLP 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz Global Partners LP (GLP) Q4 2022 Earnings Call Transcript I lead the legal strategy on major transactions and coordinate our dedicated team of external counsel. GCP Capital Partners - Home Delivered first phase of 120 MW data center in Jiangsu Province, China. Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. List of real estate investment firms - Wikipedia Our assumptions and future performance are subject to a wide range of business risks uncertainties and factors, which are described in our filings with the Securities and Exchange Commission, which could cause actual results to differ materially from the Partnership's historical experience and present expectations or projections. 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. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. 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. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. At over $2.3 billion the fund, GLP . StockNews.com lowered Global Partners from a strong-buy rating to a buy rating in a report on Tuesday. Bloomberg Daybreak Asia. For the full year, DCF was $413.4 million compared with $120.7 million in '21. 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. 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. Exclusive discounts on ALM and GlobeSt events. 13 min read. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Partners LP (NYSE:GLP Get Rating). Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. We continue to manage our balance sheet prudently. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. The business also recently declared a quarterly dividend, which was paid on Tuesday, February 14th. Interest expense was $19.7 million in the fourth quarter in both 2022 and 2021. Looking at our upcoming Investor Relations calendar. Jevin Zhuang - Fund Management Analyst - GLP Capital Partners Global Partners (NYSE:GLP - Get Rating) posted its earnings results on Monday. Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. Thrilled indeed! The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. Sovereign Investor Leadership Conference March 2023 Menu GLP Capital Partners is the exclusive investment and asset manager of GLP. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. Copyright 2020 GLP. Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Total number of organizations similar to the given organization, Where the organization is headquartered (e.g. http://ow.ly/x8QN50MJ7X4 Tower Research Capital LLC TRC decreased its holdings in shares of Global Partners LP (NYSE:GLP Get Rating) by 17.9% during the 3rd quarter, Holdings Channel.com reports. GLP has been growing its data centers business since 2018, with a focus on sustainability, safety and the community. Very nice, congratulations on your and GLP's success, Alan. Headquarters Location 100 Wilshire Blvd. At this time, I'd like to turn the call over to Mr. Geary for opening remarks. Caution and uncertainty are the popular themes. GLP Capital Partners (GCP) is a registered investment adviser with over $5 billion in assets under management (AUM). 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. Adam Berns - Chief Investment Officer, U.S. - GLP Capital Partners This button displays the currently selected search type. Arlington Asset Investment. With that, now let me turn the call over to Greg for his financial review. Shell Asset Management Co. Cuts Stock Holdings in Harsco Co. (NYSE:HSC), Shell Asset Management Co. Sells 1,449 Shares of Redwood Trust, Inc. (NYSE:RWT). Finally, UBS Group AG increased its holdings in Global Partners by 328.0% in the second quarter. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. DCF for 2022 included a net gain of $79.9 million primarily related to the sale of our Revere terminal in June. GLP is the largest shareholder of GLP Capital Partners. | Learn more about Melissa Ava Marshall MCIPD's . People and culture are core to GLPs business and its global success. About us | GLP Europe | Logistics asset management & property development GCP Capital Partners - Home Investing in Firms with Significant Potential Seasoned private equity professionals making both control and influential minority investments in high-growth and select cyclical-growth industries Our team successfully navigated through these challenges. https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. Our combined investing and operating expertise allows us to create value for our customers and investors. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. Station operations, including station operations product margin, which includes convenience store and prepared food sales, sundries and rental income, rose $9.9 million to $67.2 million from the fourth quarter of 2021. Stifel Nicolaus raised Global Partners from a hold rating to a buy rating in a research note on Monday, November 7th. Melissa Ava Marshall MCIPD - European HR & Operations - LinkedIn 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. Crow Holdings Capital consists of a cycle-tested team with a long history of investing in its flagship value-add fund series and will provide LPs access to a diversified portfolio of assets across the industrial, multifamily, and specialty sectors. There are Four Different NOIs in a CRE Deal. The increases were largely associated with our GDSO operations, including our recent acquisitions, reflecting higher credit card fees related to increases in volume and price, higher salary and rent expenses, partially due to greater activity at our stores and increases in our environmental reserve and maintenance and repair expenses. 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. The energy . GLP Capital Closes $2.3 Billion Logistics Real Estate Fund Haijin Zeng Terry - VP, Global Digital Transformation - GLP - LinkedIn Bitrock Capital is a fintech-focused venture capital firm backed by GLP. This special Bloomberg program highlights the event's biggest interviews and news makers. We are committed to a broad range of ESG initiatives that elevate our business, create value for our stakeholders, support our employees and show respect to our local communities. 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. Los Angeles City Employees' Retirement System, Youre viewing 5 of 6 limited partners. 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. Private Capital Chugged Along Better Than Institutional Money Last Year, A Closer Look at H2s Investment Sales Drubbing, Calgary Startup Offers Wholesale Renewable Power to Homeowners, Unlimited access to GlobeSt and other free ALM publications, Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications, 1 free article* every 30 days across the ALM subscription network, Exclusive discounts on ALM events and publications. By caring for the environment, empowering people, particularly our employees and communities and practicing responsible governance, we have formed the foundation for an enduring business that has stood the test of time and continues to thrive. During the same quarter in the previous year, the company earned $0.44 earnings per share. Laurel Casey - Vice President - Investments - GLP Capital Partners Copyright 2020 GLP. Boston Properties. 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. Working at GL Capital Partners | Glassdoor GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. The companies it has invested in include Linklogis, Sygnum, Fenbeitong, Flowcast, Smart-Insight and more. As Eric noted, diligent planning, effective fuel inventory management and solid execution by the entire team, allowed us to have continued strong performance in the fourth quarter of 2022, closing out a very strong year for the Partnership, highlighted by healthy margin contributions from all three segments of our business. Global Partners (NYSE:GLP) Posts Earnings Results, Beats Expectations GLP Capital Partners Closes $2.3B Logistics Fund | GlobeSt We also are focused in investing and partnering with companies where we can play a strategic role in building their business and invest in both established and growth-stage businesses across logistics, real estate, infrastructure, finance and related technologies. #ABS #CLOs #HighYield, Principal and Director of Research at Buckingham Family of Financial Services, IMO the greatest anomaly in finance is despite horrific performance hedge fund assets have grown about 15x over past 30 years. SG&A expenses increased $23 million in the fourth quarter to $80.8 million. Global Partners (NYSE:GLP Get Rating) last issued its quarterly earnings data on Monday, February 27th. Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. 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. For the fourth quarter, our Wholesale segment product margin more than doubled from the same period in 2021 as market conditions and effective management of our inventories amid sustained backwardation in the distillates markets combined to drive strong margin capture. Copyright 2023 ALM Global, LLC. 801-117132 Form of Organization Corporation Legal Domicile DE, United States Registration SEC With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. Institutional investors and hedge funds own 28.40% of the companys stock. GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . Located in Connecticut, Maine, Massachusetts and New Jersey, the terminals have an aggregate storage capacity of approximately 3.9 million barrels in locations that complement our network by making us more competitive in multiple products over a larger geographic base. GLP Capital Partners (GLP Capital Partners) - Real Estate Company Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! Luxembourg Alter Domus 2 ans 9 mois . All Rights Reserved. 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. Brixmor Property Group. 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. GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 mois. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era.
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