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 Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. All Rights Reserved. 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 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. At the end of 2022, our GDSO portfolio consisted of 1,673 sites, comprised of 353 company-operated sites, 295 commission agents, 192 leasing dealers and 833 contract dealers. We operate across Asia, Europe, and the Americas. During the same quarter in the previous year, the company earned $0.44 earnings per share. We are excited to work together on their flagship strategy! GLP China has signed an agreement with Contemporary Amperex Technology Ltd. (CATL), the worlds leading battery provider and the largest maker of electric vehicle (EV) batteries, to create a new platform aimed at expanding the use of new energy through asset-as-a-service offerings and advancing sustainability in logistics and transportation. 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. 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. 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. Passionate about delivering on HR principles of attracting, developing, and retaining talent. Property Logistics Specialist GLP Plans IPO for Investment Arm - WSJ News Corp is a global, diversified media and information services company focused on creating and distributing authoritative. Laurel Casey - Vice President - Investments - GLP Capital Partners GLP Capital Partners has raised $2.3 billion for its logistics property fund, exceeding its goal in a sector that gained strength throughout the pandemic and remains hot. The energy company reported $1.54 EPS for the quarter, topping analysts' consensus estimates of $1.40 by $0.14, MarketWatch Earnings reports. Sign in or Register Sign in / Register Database LP search GP search GDSO product margin was up $46.1 million in the quarter to $223.2 million. Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. This consists of $153.4 million under our $1.1 billion working capital revolving credit facility and $99 million under our $450 million revolving credit facility at 12/31/22. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. GLP Capital Partners (GCP) is planning to raise $2bn (1.6bn) for its value-add US industrial fund GLP Capital Partners IV, according to sources. 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. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. 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. We are thrilled to have learned from the creativity of these bright minds. For the first time, "institutional investment managers" have to disclose how they're voting proxies on their (or their clients') holdings of US-listed securities with respect to executive compensation matters. Industrial & commercial warehouses rental | Available properties | GLP 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 Yet, these 10 retail brands prove there are many untapped opportunities in the year ahead. EFFECTIVE DATE; SEC: GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. Website https://gcp.com/ Industries Financial Services Company size 501-1,000 employees Headquarters Singapore Type. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. 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. 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. GLP Capital Partners raises $2.3bn for North American logistics fund Please go ahead, sir. We believe these assumptions are reasonable given currently available information. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript Looking at the Wholesale segment for the fourth quarter of 2022, product margin increased $38.1 million to $70.7 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. All Rights Reserved. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript | Learn more about Melissa Ava Marshall MCIPD's . We also continue to focus on optimizing our terminal network. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. This represents a $6.29 annualized dividend and a dividend yield of 17.97%. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. Private Equity | GLP Purchased by MetLife Investment Management LLC. Ming Mei is co-Founder and CEO of GLP. REGISTRATION STATUS. Download this whitepaper to learn which top retail CRE brands are poised for big things in 2023. The companies it has invested in include Yimidida, Hive Box, Zongteng Logistics, G7, Inceptio Technology, Trunk, LiBiao Robot, Eastern Airlines Logistics, Wangjiahuan, Ouyeel, etc. 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 . For more information on GLPs ESG efforts, visit: glp.com/global/impact. Eric Slifka: Thank you, Sean, and good morning, everyone. Corporate Finance & Alternative Asset Investment. 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.. Annaly Capital Management. Haijin Zeng Terry - VP, Global Digital Transformation - GLP - LinkedIn United Kingdom - GLP Europe 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. 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. 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. How long this might continue is impossible to say at the moment. List of real estate investment firms - Wikipedia The increases in the quarter and the full year were in part due to increases in accrued discretionary incentive compensation and wages and benefits. The fund was oversubscribed at its hard-cap at $1.5 billion, thus making it the the largest self-storage vehicle ever raised. 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. REGISTRATION STATUS . Brixmor Property Group. 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. GLP has been growing its data centers business since 2018, with a focus on sustainability, safety and the community. 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. Chief Operating Officer - GLP Capital Partners (GCP) - LinkedIn 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. We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Partners LP (NYSE:GLP Get Rating). He received his Bachelor of Science in Finance from Indiana University School of Business. #GCP #GLP, Very exciting to be managingthis ETF! People and culture are core to GLPs business and its global success. Stockholders of record on Wednesday, February 8th were issued a $1.572 dividend. Sovereign Investor Leadership Conference March 2023 Menu 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, 1250 | Iir Next week, Mark and I will be participating in the JPMorgan 2023 Global High Yield and Leverage Finance Conference. All Rights Reserved. All rights reserved. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. Eric Slifka: Thank you, Greg. As an organization, we have a responsibility to act thoughtfully and sustainably for all of our customers, shareholders, employees and communities. GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. Covering Brazil, Vietnam & PE funds. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT We also have offices in Singapore and Hong Kong. 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). This is the GL Capital Partners company profile. Strong compliance background with experience in complex investor due diligence and familiar with the FCA handbook. Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. Our focus is on maintaining a small company identity with an entrepreneurial mindset to continue our growth trajectory. GLP Capital Closes $2.3 Billion Logistics Real Estate Fund Our combined global experience and expertise allow us to build businesses create value for our partners 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. GLP Capital Partners on LinkedIn: GLP Capital Partners maintains strong This is a boost from Global Partnerss previous quarterly dividend of $0.63. 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. This documentary-style series follows investigative journalists as they uncover the truth. Tower Research Capital LLC TRC Has $285,000 Stock Holdings in Global It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. *May exclude premium content GCP also invests in logistics technology companies from seed to growth equity stages. Our combined investing and operating expertise allows us to create value for our customers and investors. BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. We are thrilled to announce our new structure as a dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. Retailers faced a wide range of challenges in 2022. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. No need to worry, says Felipe Villarroel. 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. GLP Capital Partners Scores $64M Loan For Doral Project The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. "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. GLP Capital Partners has $1.5 billion to spend on North American self-storage properties after holding final closing of its GCP SecureSpace Property Partners fund. 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. 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. 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. 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. Luxembourg Alter Domus 2 ans 9 mois . GLP Capital Partners Inc. (Entity # 20201040294) is a Foreign Corporation in Santa Monica, California registered with the Colorado Department of State (CDOS). Turning to our segment details. GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies. The fund targets logistics sector. Who owns GLP? Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz For the full year 2022, wholesale product margin increased $148.8 million to $287.7 million. 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. Global Partnerss dividend payout ratio is 25.32%. 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. GLP Capital Buys Pepsi's Doral Plant from Terra, Terranova
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