GLP Capital Partners Oct 2021 - Present 1 year 5 months. 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. GLP 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. Looking at the Wholesale segment for the fourth quarter of 2022, product margin increased $38.1 million to $70.7 million. Chief Operating Officer - GLP Capital Partners (GCP) - LinkedIn 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. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. Want to see what other hedge funds are holding GLP? GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. Where is GLP located? The value-add fund will invest into the logistics sector. GLP Capital Partners Closes $2.3B Logistics Fund | GlobeSt Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. Your article was successfully shared with the contacts you provided. Turning to our segment details. 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 . This is the GL Capital Partners company profile. 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. Los Angeles, CA Prologis 3 years 7 months Investment Director Prologis Nov 2020 - Oct . 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. Melissa Ava Marshall MCIPD - European HR & Operations - LinkedIn These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. Sean Geary: Good morning. In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of GLP. Luxembourg, Luxembourg Financial Accountant GLP Capital Partners mai 2020 - oct. 2021 1 an 6 mois. Now, Greg, Mark and I will be happy to take your questions. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. Our sites are strategically located along the "dorsale" logistics corridor and offer customers access to United Kingdom's biggest population centers and sea ports. 13 min read. Active, Closed, This describes the type of investor this organization is (e.g. Already have an account? 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. To continue reading the Q&A session, please click here. DCF for 2022 included a net gain of $79.9 million primarily related to the sale of our Revere terminal in June. Monoful is the business development arm of GLP Japan. Live market coverage co-anchored from Hong Kong and New York. 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 We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. GLP is a global company with headquarters in every country in which we operate including Brazil, China, Europe, India, Japan, the US and Vietnam. 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. Global Partners had a net margin of 1.92% and a return on equity of 52.42%. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript Posted by MarketBeat News on Mar 3rd, 2023. 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? We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Institutional investors and hedge funds own 28.40% of the companys stock. 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. GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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. Global Partners LP has a 1-year low of $20.23 and a 1-year high of $39.24. This is a profile preview from the PitchBook Platform. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Singapore. Operator: Good day, everyone, and welcome to the Global Partners . GLP CAPITAL PARTNERS, INC. ( CRD # 304917/SEC#:801-117132 ) GLP CAPITAL PARTNERS LP, GLP CAPITAL PARTNERS, INC. View latest Form ADV filed Part 2 Brochures. The energy . GLP Capital Partners. 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. Very nice, congratulations on your and GLP's success, Alan. 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. Achieved total IT load capacity of ~1,400 MW in China. Our combined investing and operating expertise allows us to create value for our customers and investors. The top 5 finals presented their entries and an awards presentation in November. Ming Mei is co-Founder and CEO of GLP. 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. Current Vacancies - GLP Europe https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. Bitrock Capital is a fintech-focused venture capital firm backed by GLP. GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. GLP Capital Partners is the exclusive investment and asset manager of GLP. Join to view profile GLP Capital Partners . Looking at our upcoming Investor Relations calendar. We continue to manage our balance sheet prudently. Global Fund Management, Capital Raising & Investor Relations. GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. GLP Capital Partners Fund Manager Profile | Preqin REGISTRATION STATUS. GLP Capital Partners - CB Insights 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. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. It's zoned for industrial development and can be developed into 500,000 square feet of commercial space. There are Four Different NOIs in a CRE Deal. Global Partners LP (NYSE: GLP) Q4 2022 Earnings Call Transcript February 27, 2023. 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. GCP: Versatile strategy critical to deployment in US logistics - PERE The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. 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. Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. 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. Happy to be at the ETF conference in Miami sharing our story! To learn more about GLP Capital Partners, visit www.gcp.com. 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. GLP Capital Partners - Crunchbase Investor Profile & Investments Boardwalk Real Estate Investment Trust. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Tower Research Capital LLC TRC Raises Stock Holdings in Innoviva, Inc. (NASDAQ:INVA), Tower Research Capital LLC TRC Trims Holdings in SPDR S&P Pharmaceuticals ETF (NYSEARCA:XPH), Get a free copy of the StockNews.com research report on Global Partners (GLP), Hormel Hits 2-Year Low, And The Dip Gets Bought, Heres Why Ross Could Soon Be Hitting All Time Highs. 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. Processes that used to be manual, such as dispatching, are now automated, allowing for much more precision and complexity, while predictive analytics and safety features mean fewer accidents. This information is available in the PitchBook Platform. Learn more in our Cookie Policy. Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. 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. #GCP #GLP We continue to have ample excess capacity in our credit facility. Sign in or Register Sign in / Register Database LP search GP search GLP Capital Partners. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. GLP Capital Partners IV Profile: Returns & Limited Partners | PitchBook Global Partners LP - Investor Relations 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. We are excited to work together on their flagship strategy! Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. The registered office location is at 100 Wilshire Boulevard, Suite 940, Santa Monica, CA 90401. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz We also continue to focus on optimizing our terminal network. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Partners LP (NYSE:GLP Get Rating). Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. glp capital partners | DiGiacomo Group IAPD - Investment Adviser Public Disclosure - Homepage 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. SEC / JURISDICTION. G7 is a technology company backed by GLP. The segment's performance for both periods was driven largely by an increase in bunkering activity. Were proud of our long-shared history and culture with GLP and will continue to leverage our combined capabilities to create a powerful and unique ecosystem and value proposition for the benefit of our investors, customers and each other. By Francisco Alvarado. All Rights Reserved. GLP Capital, L.P. Credit Ratings :: Fitch Ratings Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. Please go ahead, sir. All content is posted anonymously by employees working at GL Capital Partners. This is a boost from Global Partnerss previous quarterly dividend of $0.63. Download this eBook and learn how CRE professionals can proactively manage economic challenges by leveraging the power of data. Bloomberg Daybreak Asia. 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. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . 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. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. 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.