GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. 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. This information is available in the PitchBook Platform. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . 10x easier to find good investments | Learn more about Melissa Ava Marshall MCIPD's . The companies it has invested in include airCloset, TELEXISTENCE, Rapyuta Robotics, SmartDrive, souco, and more. GCP Capital Partners - Home Investing in Firms with Significant Potential Seasoned private equity professionals making both control and influential minority investments in high-growth and select cyclical-growth industries Annaly Capital Management. Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. 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. Institutional investors and hedge funds own 28.40% of the companys stock. 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. 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 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. 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. 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). SEC / JURISDICTION. Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. Operator: Good day, everyone, and welcome to the Global Partners . 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. Caution and uncertainty are the popular themes. With that, now let me turn the call over to Greg for his financial review. 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. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . 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 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 10x easier to research good investments 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 DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. Leverage, which is defined in our credit agreement as funded debt-to-EBITDA was approximately 1.74x at the end of the fourth quarter. 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. #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. Eric Slifka: Thank you, Greg. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. Global Fund Management, Capital Raising & Investor Relations. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 million for the same period in 2021. By Francisco Alvarado. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT GLP CAPITAL PARTNERS, INC. CRD No. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. 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. Read more about GLP Capital Partners. He is also an investor and board member of Value Retail China, a company that specializes in the development and operation of luxury outlet shopping villages. GLP owns and operates assets and businesses in 17 countries across Asia, Europe, and the Americas. Hong Kong SAR. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. This is the GL Capital Partners company profile. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . 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. Our combined global experience and expertise allow us to build businesses create value for our partners This special Bloomberg program highlights the event's biggest interviews and news makers. The top 5 finals presented their entries and an awards presentation in November. People and culture are core to GLPs business and its global success. Solartility platform leases panels, storage batteries and bi-directional meters. Eric Slifka: Thank you, Sean, and good morning, everyone. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. 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, INC. ( CRD # 304917/SEC#:801-117132 ) GLP CAPITAL PARTNERS LP, GLP CAPITAL PARTNERS, INC. View latest Form ADV filed Part 2 Brochures. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Stifel Nicolaus raised Global Partners from a hold rating to a buy rating in a research note on Monday, November 7th. To continue reading the Q&A session, please click here. There are Four Different NOIs in a CRE Deal. 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. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. Operator: Good day, everyone, and welcome to the Global Partners Fourth Quarter 2022 Financial Results Conference Call. 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. We now offer renewable products at half of our 22 owned or controlled terminals. GLP Capital Partners Oct 2021 - Present 1 year 5 months. #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. Markets never sleep, and neither does Bloomberg. Win whats next. As part of our work in the clean fuel space, we formed an interdisciplinary team to research and evaluate hydrogen mobility supply and distribution opportunities. 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. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. 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. Luxembourg Alter Domus 2 ans 9 mois . 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. For more information on GLPs ESG efforts, visit: glp.com/global/impact. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. 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. Achieved total IT load capacity of ~1,400 MW in China. It's zoned for industrial development and can be developed into 500,000 square feet of commercial space. Bitrock Capital is a fintech-focused venture capital firm backed by GLP. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. Boardwalk Real Estate Investment Trust. Can it be just a desire to be a "member of the club?" GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP The energy . Some private fund managers that invest in listed U.S. equities will have to start tracking how they vote U.S. proxies this year. We are thrilled to announce our new structure as a dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. Brixmor Property Group. All Rights Reserved. #partnership#privateequity#fundraising. 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. This Q4 retail quarterly index report reveals how economic headwinds impacted key retail CRE categories during the critical holiday shopping season, and what their performance tells us about consumer behavior and brick-and-mortar retail in the year ahead. This is a profile preview from the PitchBook Platform. 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. 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. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. GLP is a privately owned company incorporated in Singapore. The company was formerly listed on SGX-ST between 2010 to 2018. 617-542-5300 GLP@investorrelations.com Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Many thanks to Emerge CM. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . 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. Our assumptions and future performance are subject to a wide range of business risks uncertainties and factors, which are described in our filings with the Securities and Exchange Commission, which could cause actual results to differ materially from the Partnership's historical experience and present expectations or projections. 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. To explore GLP Capital Partners IVs full profile, request access. Several analysts have weighed in on GLP shares. We also continue to focus on optimizing our terminal network. The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. Brookfield Property Partners. GCP is a vertically integrated investment manager with a dedicated focus on logistics, supply chain, and storage real estate.