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. All Rights Reserved. Passionate about delivering on HR principles of attracting, developing, and retaining talent. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. 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 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. For the full year, DCF was $413.4 million compared with $120.7 million in '21. Purchased by MetLife Investment Management LLC. List of real estate investment firms - Wikipedia 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. Your article was successfully shared with the contacts you provided. 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. #GCP #GLP Arlington 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. The energy . Selected profiles of other Operating Partners are also shown below. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. CapEx in the fourth quarter of 2022 was approximately $41 million, consisting of $26.6 million of maintenance CapEx and $14.4 million of expansion CapEx, the majority of which relates to our convenience stores. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. #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. People and culture are core to GLPs business and its global success. Current Vacancies - GLP Europe GLP Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. 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. 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. Global Fund Management, Capital Raising & Investor Relations. Covering Brazil, Vietnam & PE funds. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP United Kingdom - GLP Europe All rights reserved. Find More Contacts for GLP Capital Partners. 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. This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector. 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. 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. The increases in the quarter and the full year were in part due to increases in accrued discretionary incentive compensation and wages and benefits. 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. GLP owns and operates assets and businesses in 17 countries across Asia, Europe, and the Americas. 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. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. 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. Happy to be at the ETF conference in Miami sharing our story! GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Capital Partners 332 followers 329 connections. Bloomberg Daybreak Asia. Copyright 2023 ALM Global, LLC. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz 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. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. To learn more about GLP Capital Partners, visit www.gcp.com. GCP also invests in logistics technology companies from seed to growth equity stages. GLP Capital Partners Fund Manager Profile | Preqin Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 million for the same period in 2021. GLP Capital Partners Inc. 100 Wilshire Boulevard, Suite 940, Santa 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. 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. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript 617-542-5300 GLP@investorrelations.com GLP | LinkedIn 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. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. 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. No need to worry, says Felipe Villarroel. GCP Announces $2.3 Billion Final Closing of Logistics Property Fund Learn more in our Cookie Policy. Ming co-founded Eastern Bell Venture Capital and sits on various public and private boards. Ming Mei is co-Founder and CEO of GLP. Copyright 2020 GLP. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. "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. Singapore. With us from Global Partners are President and Chief Executive Officer, Mr. Eric Slifka; Chief Financial Officer, Mr. Gregory Hanson; Chief Operating Officer, Mr. Mark Romaine; and Chief Legal Officer, Mr. Sean Geary. TTM distribution coverage as of December 31, 2022, including the onetime special distribution was 3.4x or 3.3x after factoring in distributions to our preferred unitholders. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. GLP Capital Partners raise $1.5bn | PERE Oscar Wong - Managing Director - GLP Capital Partners (GCP) | LinkedIn 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. This documentary-style series follows investigative journalists as they uncover the truth. Our combined global experience and expertise allow us to build businesses create value for our partners Luxembourg, Luxembourg Financial Accountant GLP Capital Partners mai 2020 - oct. 2021 1 an 6 mois. The retail fuel M&A pipeline remains very active and we continue to evaluate potential opportunities that align with our financial and operating objectives. 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. Monoful is the business development arm of GLP Japan. Strategic Partners | GLP Looking at the Wholesale segment for the fourth quarter of 2022, product margin increased $38.1 million to $70.7 million. GCP is focused on uncovering advantaged opportunities in logistics real estate, self-storage and related technologies. 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. This reflected an increase in activity at our convenience stores in part due to our recent acquisitions. For the full year, Commercial segment product margin increased $25.4 million to $41 million. See also 10 Most Promising Psychedelic Stocks and 12 Best Affordable Dividend Stocks to Buy. It's zoned for industrial development and can be developed into 500,000 square feet of commercial space. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including regulatory approval. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. 10x easier to research good investments This represents a $6.29 annualized dividend and a dividend yield of 17.97%. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. This information is available in the PitchBook Platform. U.S. Chief Investment Officer at GLP Capital Partners New York, New York, United States. Cantor Fitzgerald Analysts Decrease Earnings Estimates for Chinook Therapeutics, Inc. 61,368 Shares in Zeta Global Holdings Corp. All content is posted anonymously by employees working at GL Capital Partners. The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. Caution and uncertainty are the popular themes. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . GLP Capital Partners Closes $2.3B Logistics Property Fund GLP is the largest shareholder of GLP Capital Partners. We are excited to work together on their flagship strategy! The current commercial real estate (CRE) landscape faces disruption from economic and geopolitical fallout. What does this mean for CRE professionals? 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 December 08, 2021 05:30 PM. GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. GLP Capital Partners raises $2.3bn - PERE Crude oil product margin improved to a negative $9.4 million, up $3.4 million from a year earlier. Global Partners LP (GLP) Stock Price, News, Quote & History - Yahoo! Sovereign Investor Leadership Conference March 2023 Menu GLP Capital Partners | LinkedIn The Chicago event on Thursday, March 9th is open to all to support women in the construction and engineering fields! GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT Globally, CMC ranked 27th with US$19.1B raised between 1 January 2016 and 31 March 2021. GLP invested in Li & Fung to help execute on its Logistics/Assets-as-a-Service approach, which uses data analytics and technologies to bring value to customers. 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. SEC / JURISDICTION. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Select Accept to consent or Reject to decline non-essential cookies for this use. 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.. 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. 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. Luxembourg Alter Domus 2 ans 9 mois . Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. The distribution was paid on February 14 to unitholders of record as of the close of business on February 8. The fund is based in Santa Monica, California and invests in North America. #partnership#privateequity#fundraising. Headquarters Location 100 Wilshire Blvd. Director, Deal Advisory, Infrastructure Advisory at KPMG US, I'm excited to announceARCO/Murray's 4th annual Women in Construction event. 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. 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. The fund was oversubscribed at its hard-cap at $1.5 billion, thus making it the the largest self-storage vehicle ever raised. Melissa Ava Marshall MCIPD - European HR & Operations - LinkedIn 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. GLP Capital Partners was founded in 2019 and is based in Santa Monica, California. BNP Paribas Arbitrage SA now owns 76,081 shares of the energy companys stock worth $1,788,000 after acquiring an additional 58,550 shares during the last quarter. 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. To explore GLP Capital Partners IVs full profile, request access. Rachel A Walker - General Counsel & Chief Administrative Officer

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