GLP Capital Partners Closes $2.3B Logistics Fund | GlobeSt GCP targets $2bn capital raise for new US industrial fund All Rights Reserved. GLP Capital Partners (GCP) has raised $2.3bn (1.9bn) for its North American logistics real estate fund. GLP Capital Partners on LinkedIn: GLP Capital Partners announces new REGISTRATION STATUS. 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. Today's call is being recorded. 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Industrial & commercial warehouses rental | Available properties | GLP Operator: Good day, everyone, and welcome to the Global Partners . The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. Register here:https://lnkd.in/d5fUjbPC, Partner bei PricewaterhouseCoopers GmbH Wirtschaftsprfungsgesellschaft, New legislation on RETT filing duties in case of share deals has been passed by the legislator putting even more emphasis on correct and timely RETT filings. This special Bloomberg program highlights the event's biggest interviews and news makers. Interest expense was $19.7 million in the fourth quarter in both 2022 and 2021. GLPGCP GLP Capital Partners ""46 1250 . At this time, I'd like to turn the call over to Mr. Geary for opening remarks. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Where is GLP located? All content is posted anonymously by employees working at GL Capital Partners. IAPD - Investment Adviser Public Disclosure - Homepage SG&A expenses increased $23 million in the fourth quarter to $80.8 million. 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. Operator? Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. GLP Capital Partners Inc. 100 Wilshire Boulevard, Suite 940, Santa Partner at Holland & Knight LLP - West Coast Real Estate Deputy Practice Group Leader. Asian industrial giant GLP on Tuesday unveiled GLP Capital Partners, a newly minted fund management business investing in sectors including Liked by Haijin Zeng Terry We are thrilled to announce our new structure as a dedicated global alternative asset manager focused on investing in high-growth, new economy REGISTRATION STATUS . 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. 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. 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. United Kingdom - GLP Europe Today's call will include forward-looking statements within the meaning of Federal securities laws. | Learn more about Melissa Ava Marshall MCIPD's . The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. GLP Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. The fund targets logistics sector. 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. 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. Jevin Zhuang - Fund Management Analyst - GLP Capital Partners 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. Join to view profile GLP Capital Partners . San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. 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. Learn more in our Cookie Policy. "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. Looking at our upcoming Investor Relations calendar. GLP Capital Partners on LinkedIn: GLP Capital Partners maintains strong By Francisco Alvarado. Luxembourg Alter Domus 2 ans 9 mois . GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. We also have offices in Singapore and Hong Kong. https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. 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 Website https://gcp.com/ Industries Financial Services Company size 501-1,000 employees Headquarters Singapore Type. Issuer: GLP Capital, L.P. Debt Level: senior unsecured Issue: USD 975 mln 5.375% bond/note 28-Apr-2026. Global Partners LP (GLP) Q4 2022 Earnings Call Transcript Copyright 2020 GLP. Tower Research Capital LLC TRC Has $285,000 Stock Holdings in Global Next week, Mark and I will be participating in the JPMorgan 2023 Global High Yield and Leverage Finance Conference. #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. Adam Berns - Chief Investment Officer, U.S. - GLP Capital Partners We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. Brandywine Realty Trust. List of real estate investment firms - Wikipedia 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. Achieved total IT load capacity of ~1,400 MW in China. Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. Institutional investors and hedge funds own 28.40% of the companys stock. GLP Capital Partners raises $2.3bn for North American logistics fund Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. Download this whitepaper to learn which top retail CRE brands are poised for big things in 2023. It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. 304917 Latest Filing 26 Aug 2022 SEC No. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. 2023 PitchBook. Bitrock Capital is a fintech-focused venture capital firm backed by GLP. 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 | DiGiacomo Group The ex-dividend date of this dividend was Tuesday, February 7th. *May exclude premium content With all of the SEC rule proposals, the expansion of the proxy voting regime flew under the radar a bit. Boardwalk Real Estate Investment Trust. GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. Global Partners LP (GLP) Stock Price, News, Quote & History - Yahoo Finance U.S. markets closed Dow Futures -65.00 (-0.39%) Global Partners LP (GLP) NYSE - Nasdaq Real Time Price.. Live market coverage co-anchored from Hong Kong and New York. 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. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. Brixmor Property Group. 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. 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. Eric Slifka: Thank you, Greg. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . The increases in the quarter and the full year were in part due to increases in accrued discretionary incentive compensation and wages and benefits. Turning to our segment details. For the full year, DCF was $413.4 million compared with $120.7 million in '21. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Now let me turn the call back to Eric for closing comments. Brookfield Property Partners. Private Equity | GLP Investing in established and growth-stage businesses. 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. Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . 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. GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 mois. Sean Geary: Good morning. GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners GLP on LinkedIn: GLP Capital Partners maintains strong fundraising 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? Posted by MarketBeat News on Mar 3rd, 2023. For more information on GLPs ESG efforts, visit: glp.com/global/impact. Slavena Raguz - Senior Financial Accountant - GLP Capital Partners 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. 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 Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Goldman Sachs Group Inc. now owns 193,521 shares of the energy companys stock worth $4,548,000 after acquiring an additional 57,422 shares during the last quarter. 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. Please go ahead, sir. For those of you who are participating, we look forward to meeting with you. Adjusted EBITDA for the fourth quarter of 2022 was $106.9 million, compared with $66 million for the same period in 2021. GLP has announced a substantial plan to enter the Japan data center market, with a target of investing more than $12 billion over the next five years to build out 900 MW of power capacity. Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. To learn more about GLP Capital Partners, visit www.gcp.com. Global Partners undertakes no obligation to revise or update any forward-looking statements.