GLP on LinkedIn: GLP Capital Partners maintains strong fundraising Strategic Partners | GLP 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. Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. We continue to have ample excess capacity in our credit facility. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! Markets never sleep, and neither does Bloomberg. When expanded it provides a list of search options that will switch the search inputs to match the current selection. GLP Capital LP - Company Profile and News - Bloomberg.com GLP's global platform owns and operates assets and businesses in 17 countries including Brazil, China, Europe, India, Japan, the US and Vietnam. 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. StockNews.com lowered Global Partners from a strong-buy rating to a buy rating in a report on Tuesday. 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 At this time, I'd like to turn the call over to Mr. Geary for opening remarks. The energy . Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). Sep 2022 - Present7 months. GLP is a privately owned company incorporated in Singapore. Our European platform is built on more than 30 years of experience in logistics real estate and operates in 12 countries across the continent, covering all major logistics markets. The fund targets logistics sector. This years Innovation Summit featured finalists selected by the Earthshot council in addition to panelist speakers from heads of state, grassroots organizations and tech leaders. 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. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 million for the same period in 2021. 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 All content is posted anonymously by employees working at GL Capital Partners. Global Partners had a net margin of 1.92% and a return on equity of 52.42%. Turning to our segment details. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . Crude oil product margin improved to a negative $9.4 million, up $3.4 million from a year earlier. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Capital Partners About us | GLP Europe | Logistics asset management & property development 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. 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. As we continue to invest in optimizing our sites with an eye towards sustainability, we know that the drivers of tomorrow will have different expectations and needs than the drivers of today. Register here:https://lnkd.in/d5fUjbPC, Partner bei PricewaterhouseCoopers GmbH Wirtschaftsprfungsgesellschaft, New legislation on RETT filing duties in case of share deals has been passed by the legislator putting even more emphasis on correct and timely RETT filings. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. 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. Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. 332 followers 329 connections. All Rights Reserved. Eric Slifka: Thank you, Sean, and good morning, everyone. GLP Capital Partners Inc. (Entity # 20201040294) is a Foreign Corporation in Santa Monica, California registered with the Colorado Department of State (CDOS). GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . 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. Chief Operating Officer - GLP Capital Partners (GCP) - LinkedIn We now offer renewable products at half of our 22 owned or controlled terminals. GLP Capital Partners - Crunchbase Investor Profile & Investments Operating Partners Bespoke has over 75 Operating Partners who support the firm by assisting with opportunity identification, due diligence, building a value creation plan and investment oversight. Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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. Today's call is being recorded. 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. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. 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. Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. Operator? 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. December 08, 2021 05:30 PM. Sensors track detailed information on trucks, drivers and cargo in real time, thus enabling a real-time view of fleet operations and the flow of goods. Which One is Best? 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. Very excited to be on this journey with GCP! Current Vacancies - GLP Europe 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. Hear the latest economic, business and market news, as well as global, national, and local news. The companies it has invested in include airCloset, TELEXISTENCE, Rapyuta Robotics, SmartDrive, souco, and more. Please go ahead, sir. Adam Berns - Chief Investment Officer, U.S. - GLP Capital Partners As a group, equities analysts expect that Global Partners LP will post 3.2 earnings per share for the current fiscal year. GLP Capital Closes $2.3 Billion Logistics Real Estate Fund GLP Capital Partners IV Profile: Returns & Limited Partners | PitchBook In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of GLP. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . Country: United States Sectors: Corporate Finance; Gaming, Lodging, and Leisure Melissa Ava Marshall MCIPD - European HR & Operations - LinkedIn This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector. 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. How is GLP related to GLP Capital Partners? Station operations product margin was $267.9 million for the full year 2022, up $34 million from 2021. 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. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. 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. In addition, in the fourth quarter, we incurred an expense of approximately $7.5 million in connection with an ongoing dispute between us and a landlord at certain of our sites, which we are currently disputing. GLP Capital Partners. Download this eBook and learn how CRE professionals can proactively manage economic challenges by leveraging the power of data. 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. Hong Kong SAR. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. 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. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. The firm had revenue of $4.43 billion during the quarter, compared to analysts expectations of $4.51 billion. For the full year 2022, wholesale product margin increased $148.8 million to $287.7 million. Haijin Zeng Terry - VP, Global Digital Transformation - GLP - LinkedIn GLP Capital Partners Closes $2.3B Logistics Property Fund GLP Capital Partners LP operates as an investment management company. IAPD - Investment Adviser Public Disclosure - Homepage Delivered first phase of 120 MW data center in Jiangsu Province, China. This documentary-style series follows investigative journalists as they uncover the truth. GLP Capital Partners is the exclusive investment and asset manager of GLP. Some private fund managers that invest in listed U.S. equities will have to start tracking how they vote U.S. proxies this year. Solartility platform leases panels, storage batteries and bi-directional meters. 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. To date, the group has secured more than $800,000 in grants to deploy DCFC EV charging stations at six of our locations and has developed a spec for DCFC stations at new Alltown Fresh locations. GCP Announces $2.3 Billion Final Closing of Logistics Property Fund GLP Capital Partners Pulls In $1.5 Billion for Self-Storage Fund Corporate Finance & Alternative Asset Investment. Strategic Partners 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. Today's call will include forward-looking statements within the meaning of Federal securities laws. 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. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Copyright 2020 GLP. Passionate about delivering on HR principles of attracting, developing, and retaining talent. 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. 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 Capital Partners Inc. 100 Wilshire Boulevard, Suite 940, Santa Careers - GLP Europe - Be a part of our next success story Los Angeles, CA Prologis 3 years 7 months Investment Director Prologis Nov 2020 - Oct . Headquarters Location 100 Wilshire Blvd. 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). Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. Global Partners LP has a 1-year low of $20.23 and a 1-year high of $39.24. http://ow.ly/x8QN50MJ7X4 The energy company reported $1.54 EPS for the quarter, topping analysts' consensus estimates of $1.40 by $0.14, MarketWatch Earnings reports. Edit Lists Featuring This Company Section, GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors, GLP Capital Partners buys Riverside County industrial site for $90 million, GLP Capital Partners Releases 2021 ESG Report, Venture Capital Investors with Investments in Denver, Colorado, Early Stage Venture Investors with Investments in Greater Seattle Area. 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. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. Caution and uncertainty are the popular themes. GLP has launched a number of initiatives to pursue renewable energy development including rooftop solar on our global logistics real estate portfolio, wind assets and energy storage solutions. To continue reading the Q&A session, please click here. See also 10 Most Promising Psychedelic Stocks and 12 Best Affordable Dividend Stocks to Buy. Purchased by MetLife Investment Management LLC. The entity was formed on January 15, 2020 in the jurisdiction of Delaware. 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. 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. The fund was oversubscribed at its hard-cap at $1.5 billion, thus making it the the largest self-storage vehicle ever raised. GLP Capital Partners raises $2.3bn - PERE Sovereign Investor Leadership Conference March 2023 Menu Our #pwcrealestate Tax Service News summarizes the new legislation and gives an update of the currently applicable RETT rates at chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://lnkd.in/eNUEvkYH, Chief Human Resources Officer at GLP Capital Partners (GCP), Thrilled indeed! The Company focuses on providing logistics real estate investment management solutions. 77 % of GDP 55 % of global population 66 Offices 17 Countries The History of GLP Frequently Asked Questions Is GLP a private company? The company announced the . Ming co-founded Eastern Bell Venture Capital and sits on various public and private boards. 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. Its Time For A Fresh Look At The Kroger Co. West Frasers Earnings Scream Timber, Outlook Says Buy, MarketBeat.com's FREE daily email newsletter. GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. Boardwalk Real Estate Investment Trust. It provides software as a service (SaaS) products for logistics and invests in tech companies that create value for customers through the logistics ecosystem in Japan. Live market coverage co-anchored from Hong Kong and New York. 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. Overnight on Wall Street is daytime in Asia. 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. Thank you for joining us. GCP: Versatile strategy critical to deployment in US logistics - PERE The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. GLP Capital Partners Fund Manager Profile | Preqin With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. 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. Paul D. - Analyst - GLP Capital Partners | LinkedIn GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. Global Partners (NYSE:GLP Get Rating) last issued its quarterly earnings data on Monday, February 27th. SLP | LinkedIn GCP is a vertically integrated investment manager with a dedicated focus on logistics, supply chain, and storage real estate. How long this might continue is impossible to say at the moment. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. 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. For full year 2023, we expect maintenance capital expenditures in the range of $50 million to $60 million; and expansion capital expenditures, excluding acquisitions, in the range of $55 to $65 million, relating primarily to investments in our gasoline station business. Singapore. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. The company was formerly listed on SGX-ST between 2010 to 2018. Happy to be at the ETF conference in Miami sharing our story! Yet, these 10 retail brands prove there are many untapped opportunities in the year ahead. For the full year, Commercial segment product margin increased $25.4 million to $41 million. GLP Capital Partners (GLP Capital Partners) - Real Estate Company The business also recently declared a quarterly dividend, which was paid on Tuesday, February 14th. Our combined global experience and expertise allow us to build businesses create value for our partners 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. 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. Any material comments concerning future results of operations will be communicated through news releases, publicly announced conference calls or other means that will constitute public disclosure for the purposes of Regulation FD. #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. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. This is a boost from Global Partnerss previous quarterly dividend of $0.63. 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. 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. Exclusive discounts on ALM and GlobeSt events. He received his Bachelor of Science in Finance from Indiana University School of Business. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. #GCP #GLP 304917 Latest Filing 26 Aug 2022 SEC No. Copyright 2020 GLP. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Several analysts have weighed in on GLP shares. The Earthshot Prize 2022 is a global prize designed to incentivize change and help to repair our planet by awarding five winners each year for their contributions to environmentalism. 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. These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. 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. 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. Jevin Zhuang - Fund Management Analyst - GLP Capital Partners