glp capital partners

Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. 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. GLP Capital Partners is the exclusive investment and asset manager of GLP. Purchased by MetLife Investment Management LLC. 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. GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. Ming Mei is co-Founder and CEO of GLP. We are thrilled to announce our new structure as a dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. 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. 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. Institutional investors and hedge funds own 28.40% of the companys stock. See also 10 Most Promising Psychedelic Stocks and 12 Best Affordable Dividend Stocks to Buy. Several other hedge funds have also made changes to their positions in GLP. To help us understand those needs and envision the fueling infrastructure of the future, we sponsored Fuel of the Future 2030, a student design competition engaging more than 30 teams of undergraduate and graduate students attending schools across nine states. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . 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 has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. In our gasoline distribution and GDSO segment, we continued to benefit from higher retail fuel margins and increased activity in our convenience markets in part as a result of our recent acquisitions. Bitrock Capital is a fintech-focused venture capital firm backed by GLP. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. Stifel Nicolaus raised Global Partners from a hold rating to a buy rating in a research note on Monday, November 7th. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. Partner at Holland & Knight LLP - West Coast Real Estate Deputy Practice Group Leader. Global Fund Management, Capital Raising & Investor Relations. Copyright 2020 GLP. 304917 Latest Filing 26 Aug 2022 SEC No. Your article was successfully shared with the contacts you provided. 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. Watch our brand video With the purchases of Consumers Petroleum of Connecticut, Miller Oil Co. and Tidewater Convenience, we added more than 60 company-operated convenience markets and related fuel operations as well as fuel supply arrangements at more than 55 additional sites. GLP is a global leader in logistics real estate with a proven track record as business builder, owner, developer and operator with one of the largest logistics real estate footprints in the world. 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. 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. I manage the legals on acquisitions, dispositions . GLP Capital Partners IV is a real estate value added fund managed by GCP. GLP Capital Partners (GCP) Jan 2022- Present1 year 2 months New York, New York, United States Investments Director of Investments GLP Capital Partners (GCP) Sep 2018- Dec 20213 years 4 months. Our combined investing and operating expertise allows us to create value for our customers and investors. This report is available on our website, and I encourage you to review it. 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. GCP is a vertically integrated investment manager with a dedicated focus on logistics, supply chain, and storage real estate. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. I demystify finance | 50,000+ people read my free newsletter | Financial Educator | Author, Speaker, Creator, The internet has made it: 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. We also continue to focus on optimizing our terminal network. Where is GLP located? Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. 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 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. 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. Ming co-founded Eastern Bell Venture Capital and sits on various public and private boards. Turning to our segment details. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Pallas Capital Advisors LLC lifted its stake in shares of Global Partners by 2.7% during the third quarter. Is Global Partners LP (GLP) . GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners 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. Win whats next. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . GLPGCP GLP Capital Partners ""46 1250 . GDSO product margin was up $46.1 million in the quarter to $223.2 million. Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). Covering Brazil, Vietnam & PE funds. U.S. Chief Investment Officer at GLP Capital Partners New York, New York, United States. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. We also have offices in Singapore and Hong Kong. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . Private Equity GLP's 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. Website https://gcp.com/ Industries Financial Services Company size 501-1,000 employees Headquarters Singapore Type. GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. Live market coverage co-anchored from Hong Kong and New York. Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. The fund focuses on logistics asset class. The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. I lead the legal strategy on major transactions and coordinate our dedicated team of external counsel. 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. Edit Lists Featuring This Company Section, GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors, GLP Capital Partners buys Riverside County industrial site for $90 million, GLP Capital Partners Releases 2021 ESG Report, Venture Capital Investors with Investments in Denver, Colorado, Early Stage Venture Investors with Investments in Greater Seattle Area. Global Partners undertakes no obligation to revise or update any forward-looking statements. During the same quarter in the previous year, the company earned $0.44 earnings per share. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Capital Partners Posted by MarketBeat News on Mar 3rd, 2023. The registered office location is at 100 Wilshire Boulevard, Suite 940, Santa Monica, CA 90401. GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies which are supported by global macroeconomic trends, including the sustained growth of globalised commerce, widespread adoption of e-commerce, increased demand for data storage/processing and worldwide focus on sustainable energy. Issuer: GLP Capital, L.P. Debt Level: senior unsecured Issue: USD 975 mln 5.375% bond/note 28-Apr-2026. This information is available in the PitchBook Platform. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Interest expense was $19.7 million in the fourth quarter in both 2022 and 2021. The companies it has invested in include airCloset, TELEXISTENCE, Rapyuta Robotics, SmartDrive, souco, and more. All Rights Reserved. 13 min read. Brandywine Realty Trust. 332 followers 329 connections. 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 also invests in logistics technology companies from seed to growth equity stages. Find More Contacts for GLP Capital Partners. 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. Happy to be at the ETF conference in Miami sharing our story! "Institutional investment manager" isn't really what it sounds like: the term comes from 13F filings and includes unregistered and/or non-U.S. managers and even some entities that don't consider themselves managers at all -- the terms includes entities that exercise "investment discretion" over U.S.-listed securities and related options and warrants with an aggregate value of at least USD 100 million. GLPs strategic investment partnership with CMC expands our investment scope further into infrastructure, finance and private equity and enables both partners to leverage each others network of domestic and international investors to collaborate on the development of new funds. Active, Closed, This describes the type of investor this organization is (e.g. For the full year, DCF was $413.4 million compared with $120.7 million in '21. The business also recently declared a quarterly dividend, which was paid on Tuesday, February 14th. Los Angeles, CA Prologis 3 years 7 months Investment Director Prologis Nov 2020 - Oct . GLP has been growing its data centers business since 2018, with a focus on sustainability, safety and the community. The fund is based in Santa Monica, California and invests in North America. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. The fund targets logistics sector. GLP Capital Partners, a global alternative asset manager with approximately $125 billion in. Shares of NYSE GLP opened at $34.99 on Friday. Stockholders of record on Wednesday, February 8th were issued a $1.572 dividend. Turning to the Commercial segment. On the EV front, our sustainability group welcomed and electric innovation strategist to evaluate, educate and guide our strategy in the electric space, including electric vehicle and charger market. GLP Capital Partners Oct 2021 - Present 1 year 5 months. 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. Exclusive discounts on ALM and GlobeSt events. At over $2.3 billion the fund, GLP . 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. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. Building on this objective, this year, we published our inaugural Corporate Social Responsibility Report, which details the progress we have made along that journey. Learn more in our Cookie Policy. By Francisco Alvarado. Gregory Hanson: Thank you, Eric, and good morning, everyone. 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. Already have an account? 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. G7 is a technology company backed by GLP. Thank you for joining us. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . #partnership#privateequity#fundraising. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including regulatory approval. 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. GLP United Kingdom has a +15 year track record of developing and managing logistics real estate across United Kingdom, one of Europe's biggest logistics markets. #womeninvesting #womeninfinance #etfs #sustainability #emerge, VP, National Sales - DCIO Resolute Investment Managers, From our American Beacon Advisors sub-advisor TwentyFour Asset Management LLP: Strong performance across markets in January has left some investors feeling theyve missed out on the rally in bonds. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. The value-add fund will invest into the logistics sector. GLP is a global company with headquarters in every country in which we operate including Brazil, China, Europe, India, Japan, the US and Vietnam. Excluding the net gain on the sale of assets, TTM distribution coverage was 2.8x or 2.6x after factoring in distributions to our preferred unitholders. Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. This button displays the currently selected search type. Sustainability is a strategic priority across GLPs global business, and we are deeply committed to building a better future for our employees, customers and local communities. The Company focuses on providing logistics real estate investment management solutions. Overnight on Wall Street is daytime in Asia. GCP: Versatile strategy critical to deployment in US logistics Having a flexible deployment strategy and an enhanced focus on operations and asset management helps investors navigate an increasingly competitive market, say GLP Capital Partners' Adam Berns and Steve Crowe. Today's call is being recorded. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. For the full year 2022, wholesale product margin increased $148.8 million to $287.7 million. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. For those of you who are participating, we look forward to meeting with you. REGISTRATION STATUS. Solartility platform leases panels, storage batteries and bi-directional meters. The ex-dividend date of this dividend was Tuesday, February 7th. Today's call will include forward-looking statements within the meaning of Federal securities laws. This reflected an increase in activity at our convenience stores in part due to our recent acquisitions. Passionate about delivering on HR principles of attracting, developing, and retaining talent. 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. Global Partnerss dividend payout ratio is 25.32%. Headquarters Location 100 Wilshire Blvd. Eric Slifka: Thank you, Greg. The distribution was paid on February 14 to unitholders of record as of the close of business on February 8. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Arlington Asset Investment. GCP is focused on uncovering advantaged opportunities in logistics real. As of December 31, 2022, total borrowings outstanding under the credit agreement were $252.4 million. 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. Sep 2022 - Present7 months. GLP Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Turning to our distribution. Brookfield Property Partners. GLP has launched a number of initiatives to pursue renewable energy development including rooftop solar on our global logistics real estate portfolio, wind assets and energy storage solutions. 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 was founded in 2019 and is based in Santa Monica, California. It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. Corporate Finance & Alternative Asset Investment. The current commercial real estate (CRE) landscape faces disruption from economic and geopolitical fallout. Now it's my pleasure to turn the call over to our President and Chief Executive Officer, Eric Slifka. GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 mois. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. Global Partners LP (NYSE: GLP) Q4 2022 Earnings Call Transcript February 27, 2023. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. For the full year, Commercial segment product margin increased $25.4 million to $41 million. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. SEC / JURISDICTION. Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. All Rights Reserved. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. 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. 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. Global Partners had a net margin of 1.92% and a return on equity of 52.42%. We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. Can it be just a desire to be a "member of the club?" Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. 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. 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. Founded as a logistics real estate owner, developer and operator, GLP revolutionized the modern logistics industry by taking an innovative and entrepreneurial approach. 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. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. The company announced the . 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. 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. Boston Properties. For more information on GLPs ESG efforts, visit: glp.com/global/impact. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. REGISTRATION STATUS . 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. This is the GL Capital Partners company profile. Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies.

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