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. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript The companies it has invested in include airCloset, TELEXISTENCE, Rapyuta Robotics, SmartDrive, souco, and more. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. Strong compliance background with experience in complex investor due diligence and familiar with the FCA handbook. 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. Ming Mei is co-Founder and CEO of GLP. 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. With all of the SEC rule proposals, the expansion of the proxy voting regime flew under the radar a bit. Sovereign Investor Leadership Conference March 2023 Menu GLP Capital Partners - CB Insights 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. GLP is a privately owned company incorporated in Singapore. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz Global Partners LP - Investor Relations The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. Delivered first phase of 120 MW data center in Jiangsu Province, China. GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. Rachel A Walker - General Counsel & Chief Administrative Officer 10x easier to find good investments All Rights Reserved. The fund is based in Santa Monica, California and invests in North America. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including regulatory approval. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. EFFECTIVE DATE; SEC: GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. This is a profile preview from the PitchBook Platform. 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? Joseph Bohling on LinkedIn: GLP Capital Partners announces new At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. Eric Slifka: Thank you, Sean, and good morning, everyone. 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 Jevin Zhuang - Fund Management Analyst - GLP Capital Partners At over $2.3 billion the fund, GLP . GLP Capital Partners is the exclusive investment and asset manager of GLP. 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. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT Operator: Good day, everyone, and welcome to the Global Partners . Now, Greg, Mark and I will be happy to take your questions. 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. 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 (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. 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. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. List of real estate investment firms - Wikipedia Crude oil product margin improved to a negative $9.4 million, up $3.4 million from a year earlier. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. Institutional investors and hedge funds own 28.40% of the companys stock. #GCP #GLP, Very exciting to be managingthis ETF! 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. 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. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. Property Logistics Specialist GLP Plans IPO for Investment Arm 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. 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. For the full year, DCF was $413.4 million compared with $120.7 million in '21. Global Partners LP (GLP) Stock Price, News, Quote & History - Yahoo! Sylvia Slaughter on LinkedIn: GLP Capital Partners announces new 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. The company was formerly listed on SGX-ST between 2010 to 2018. This reflected an increase in activity at our convenience stores in part due to our recent acquisitions. Global Partners (NYSE:GLP) Posts Earnings Results, Beats Expectations Looking at expenses. 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. Building on this objective, this year, we published our inaugural Corporate Social Responsibility Report, which details the progress we have made along that journey. Private Equity | GLP 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. 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. Passionate about delivering on HR principles of attracting, developing, and retaining talent. 801-117132 Form of Organization Corporation Legal Domicile DE, United States Registration SEC 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. The distribution was paid on February 14 to unitholders of record as of the close of business on February 8. 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 Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. GLP Capital Partners LP operates as an investment management company. GLP Capital, L.P. Credit Ratings :: Fitch Ratings It's zoned for industrial development and can be developed into 500,000 square feet of commercial space. This report is available on our website, and I encourage you to review it. Posted by MarketBeat News on Mar 3rd, 2023. #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. This documentary-style series follows investigative journalists as they uncover the truth. 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. Global Partnerss dividend payout ratio is 25.32%. At this time, I'd like to turn the call over to Mr. Geary for opening remarks. Our focus is on maintaining a small company identity with an entrepreneurial mindset to continue our growth trajectory. Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. Boardwalk Real Estate Investment Trust. #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. Our Team | Bespoke Capital Partners | Bespoke Capital Partners The Chicago event on Thursday, March 9th is open to all to support women in the construction and engineering fields! Turning to our segment details. GCP also invests in logistics technology companies from seed to growth equity stages. 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 Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. GLP on LinkedIn: GLP Capital Partners maintains strong fundraising 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. Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. 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. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . Now it's my pleasure to turn the call over to our President and Chief Executive Officer, Eric Slifka. See also 10 Most Promising Psychedelic Stocks and 12 Best Affordable Dividend Stocks to Buy. Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. The business also recently declared a quarterly dividend, which was paid on Tuesday, February 14th. The top 5 finals presented their entries and an awards presentation in November. The segment's performance for both periods was driven largely by an increase in bunkering activity. United Kingdom - GLP Europe REGISTRATION STATUS. What does this mean for CRE professionals? Boston Properties. Adam Berns - Chief Investment Officer, U.S. - GLP Capital Partners 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. Globally, CMC ranked 27th with US$19.1B raised between 1 January 2016 and 31 March 2021. Watch our brand video Global Partners had a return [] Finally, UBS Group AG increased its holdings in Global Partners by 328.0% in the second quarter. 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. We believe these assumptions are reasonable given currently available information. The company announced the . glp, 1250 | Iir GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT GLP CAPITAL PARTNERS, INC. CRD No. SEC / JURISDICTION. GLP Capital Partners Releases 2021 ESG Report - PR Newswire Interest expense was $19.7 million in the fourth quarter in both 2022 and 2021. No need to worry, says Felipe Villarroel. 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). Hear the latest economic, business and market news, as well as global, national, and local news. 2023 PitchBook. GLP Capital Partners Scores $64M Loan For Doral Project We also continue to focus on optimizing our terminal network. Copyright 2020 GLP. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . All Rights Reserved. Glassdoor gives you an inside look at what it's like to work at GL Capital Partners, including salaries, reviews, office photos, and more. Sep 2022 - Present7 months. GLP Capital Partners Pulls In $1.5 Billion for Self-Storage Fund GLP Capital Partners, a global alternative asset manager with approximately $125 billion in. Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. GLP Capital Partners (GLP Capital Partners) - Real Estate Company 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). 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. 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 Purchased by MetLife Investment Management LLC. Select Accept to consent or Reject to decline non-essential cookies for this use. All Rights Reserved. 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. Several analysts have weighed in on GLP shares. Global Partners LP (GLP) Q4 2022 Earnings Call Transcript Achieved total IT load capacity of ~1,400 MW in China. The Company focuses on providing logistics real estate investment management solutions. Laurel Casey - Vice President - Investments - GLP Capital Partners About us | GLP Europe | Logistics asset management & property development 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. 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. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. 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. 77 % of GDP 55 % of global population 66 Offices 17 Countries The History of GLP Frequently Asked Questions Is GLP a private company? Covering Brazil, Vietnam & PE funds. 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. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Capital Partners Global Fund Management, Capital Raising & Investor Relations. #partnership#privateequity#fundraising. Luxembourg, Luxembourg Financial Accountant GLP Capital Partners mai 2020 - oct. 2021 1 an 6 mois. GLP Capital Partners raises $2.3bn - PERE 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. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. Global Partners LP has a 1-year low of $20.23 and a 1-year high of $39.24. Bank of America Corp DE now owns 90,092 shares of the energy companys stock worth $2,457,000 after acquiring an additional 15,360 shares during the last quarter. With that, now let me turn the call over to Greg for his financial review. GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies. GLPGCP GLP Capital Partners ""46 1250 . Hong Kong SAR. GLP is dedicated to incubating innovative technologies that enhance our businesses and assets by making them smarter and more efficient, GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. 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. #GCP #GLP I lead the legal strategy on major transactions and coordinate our dedicated team of external counsel. Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. To learn more about GLP Capital Partners, visit www.gcp.com. I manage the legals on acquisitions, dispositions . GLP Capital Partners on LinkedIn: GLP Capital Partners announces new Solartility platform leases panels, storage batteries and bi-directional meters. Copyright 2020 GLP. GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners Sean Geary: Good morning. The energy company reported $1.54 earnings per share (EPS) for the quarter, beating analysts consensus estimates of $1.40 by $0.14. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. The increases in the quarter and the full year were in part due to increases in accrued discretionary incentive compensation and wages and benefits. For more information on GLPs ESG efforts, visit: glp.com/global/impact. 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. Which One is Best? Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. 617-542-5300 GLP@investorrelations.com 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 Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP *May exclude premium content 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. 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. Adjusted EBITDA for the fourth quarter of 2022 was $106.9 million, compared with $66 million for the same period in 2021. Singapore. Shares of NYSE GLP opened at $34.99 on Friday. Issuer: GLP Capital, L.P. Debt Level: senior unsecured Issue: USD 975 mln 5.375% bond/note 28-Apr-2026. GCP: Versatile strategy critical to deployment in US logistics - PERE Country: United States Sectors: Corporate Finance; Gaming, Lodging, and Leisure GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 mois. GLP Capital Partners raise $1.5bn | PERE We operate across Asia, Europe, and the Americas. Oscar Wong - Managing Director - GLP Capital Partners (GCP) | LinkedIn 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. 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. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Gasoline and gasoline blendstock product margin increased $20.7 million to $107 million for the full year, primarily due to more favorable market conditions in gasoline during the second and third quarters of 2022. Thank you for joining us. The retail fuel M&A pipeline remains very active and we continue to evaluate potential opportunities that align with our financial and operating objectives. 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.

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