Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. GLP | LinkedIn Ming co-founded Eastern Bell Venture Capital and sits on various public and private boards. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. Ming graduated from the Kellogg School of Management at Northwestern University and the School of Business and Management at the Hong Kong University of Science and Technology with a Master of Business Administration. glp capital partners | DiGiacomo Group 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. 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. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. 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 companies it has invested in include airCloset, TELEXISTENCE, Rapyuta Robotics, SmartDrive, souco, and more. #GCP #GLP 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. Industrial & commercial warehouses rental | Available properties | GLP 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. You can update your choices at any time in your settings. 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 maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners Careers - GLP Europe - Be a part of our next success story GLP Capital Partners on LinkedIn: GLP Capital Partners maintains strong The energy company reported $1.54 earnings per share (EPS) for the quarter, beating analysts consensus estimates of $1.40 by $0.14. GCP also invests in logistics technology companies from seed to growth equity stages. Turning to our segment details. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. The company was formerly listed on SGX-ST between 2010 to 2018. GLP was founded by Ming Mei and Jeff Schwartz as a developer and operator of logistics real estatewith operations in Japan and China, Listed on the Singapore Stock Exchange in the largest ever real estate IPO globally, Entered Brazil market as market leader with acquisition of $1.45B platform, Listed $1.3B GLP J-REIT (TSE: 3281) on Tokyo Stock Exchange - the largest real estate IPO in Japan, AUM grows to $11B with launch of first development fund in China and expansion of development vehicle in Japan, Enter the U.S. through the $8B acquisition of IndCorfrom Blackstone and becomes second largest logistics real estate owner in the U.S. within 12 months, Entered Europe market through the $2.8B acquisition of Gazeley and doubled Europe AUM within a year, GLP delists from SGX in $12B transaction, the largest of a listed company in Asia, GLP enters India via strategic partnership with IndoSpace, GLP sells 179M sq ft of U.S. assets to Blackstone for $18.7B, the largest-ever private real estate transaction globally, AUM grows to $89B following announcement of strategic investment partnership with China Merchants Capital, Global business expands to 17countries following acquisition of European portfolioand entry into Vietnam, Private equity business acquiresstake in Li & Fung, GLP C-REIT (508056:CH) is among the first batch of nine C-REITs to be listed in China. It's zoned for industrial development and can be developed into 500,000 square feet of commercial space. 10x easier to find good investments The Company focuses on providing logistics real estate investment management solutions. The energy . When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. 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. #1400 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 . For more information on GLPs ESG efforts, visit: glp.com/global/impact. Global Partners LP (NYSE:GLP) Shares Sold by Tower Research Capital LLC Li & Fung is a global leader in creating customized, end-to-end supply chain and logistics solutions to help brands and retailers respond quickly to evolving consumer and production trends. Arlington Asset Investment. 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. Win whats next. 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) has raised $2.3bn (1.9bn) for its North American logistics real estate fund. All Rights Reserved. This information is available in the PitchBook Platform. The adviser's REGISTRATION status is listed below. This reflected an increase in activity at our convenience stores in part due to our recent acquisitions. | Learn more about Melissa Ava Marshall MCIPD's . Founded as a logistics real estate owner, developer and operator, GLP revolutionized the modern logistics industry by taking an innovative and entrepreneurial approach. GLP Capital Partners was founded in 2019 and is based in Santa Monica, California. List of real estate investment firms - Wikipedia How long this might continue is impossible to say at the moment. G7 is a technology company backed by GLP. Looking at our upcoming Investor Relations calendar. 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. REGISTRATION STATUS. 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. Los Angeles City Employees' Retirement System, Youre viewing 5 of 6 limited partners. Americold. Joseph Bohling on LinkedIn: GLP Capital Partners announces new The value-add fund will invest into the logistics sector. The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. 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. Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. GLP Capital Partners Pulls In $1.5 Billion for Self-Storage Fund 10x easier to research good investments Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. 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. GLP Capital Buys Pepsi's Doral Plant from Terra, Terranova During the same quarter in the previous year, the company earned $0.44 earnings per share. Annaly Capital Management. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. Goldman Sachs Group Inc. now owns 193,521 shares of the energy companys stock worth $4,548,000 after acquiring an additional 57,422 shares during the last quarter. GCP Announces $2.3 Billion Final Closing of Logistics Property Fund Corporate Finance & Alternative Asset Investment. He received his Bachelor of Science in Finance from Indiana University School of Business. All Rights Reserved. These current estimates depend in part on the timing of completion of projects, availability of equipment and workforce, weather and unanticipated events or opportunities requiring additional maintenance or investments. We believe these assumptions are reasonable given currently available information. 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The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Now, Greg, Mark and I will be happy to take your questions. 617-542-5300 GLP@investorrelations.com 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. The ex-dividend date of this dividend was Tuesday, February 7th. 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. Pacific Biosciences of California, Inc. (NASDAQ:PACB) Shares Sold by Shell Asset Management Co. Algoma Steel Group Inc. (NASDAQ:ASTL) Shares Sold by Shell Asset Management Co. New Gold Inc. (NYSEAMERICAN:NGD) Shares Sold by Shell Asset Management Co. Gregory Hanson: Thank you, Eric, and good morning, everyone. These statements include projections, expectations and estimates concerning the future financial and operational performance of Global Partners, which are based on assumptions regarding market conditions, demand for liquid energy products and convenience store products, the regulatory and permitting environment, the forward product pricing curve and other factors, which could influence our financial results. The distribution was paid on February 14 to unitholders of record as of the close of business on February 8. 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? 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. GLP Capital Partners Releases 2021 ESG Report - PR Newswire 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. As an early mover who saw the potential in building a smart logistics ecosystem ahead of its time, Hidden Hill Capital has, since 2018, invested RMB 6 billion in more than 50 companies in the fields of digital supply chain and logistics technology such as modern logistics service systems and food supply chains. Delivered first phase of 120 MW data center in Jiangsu Province, China. GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. Global Partners (NYSE:GLP) Posts Earnings Results, Beats Expectations Posted by MarketBeat News on Mar 3rd, 2023. Hong Kong SAR. Yet, these 10 retail brands prove there are many untapped opportunities in the year ahead. How is GLP related to GLP Capital Partners? #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. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. 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. 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. What does this mean for CRE professionals? For the full year, Commercial segment product margin increased $25.4 million to $41 million. GLP Capital Partners has announced a final close for GCP SecureSpace Property Partners. 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 is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies. 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. GLP Capital Partners Fund Manager Profile | Preqin 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. Purchased by MetLife Investment Management LLC. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. Institutional investors and hedge funds own 28.40% of the companys stock. 304917 Latest Filing 26 Aug 2022 SEC No. Paul D. - Analyst - GLP Capital Partners | LinkedIn Learn more in our Cookie Policy. We operate across Asia, Europe, and the Americas. GLP Capital Partners raises $2.3bn - PERE 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. Oscar Wong - Managing Director - GLP Capital Partners (GCP) | LinkedIn Global Partnerss dividend payout ratio is 25.32%. 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. Property Logistics Specialist GLP Plans IPO for Investment Arm - WSJ News Corp is a global, diversified media and information services company focused on creating and distributing authoritative. GLP Capital Partners LP operates as an investment management company. 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. Our focus is on maintaining a small company identity with an entrepreneurial mindset to continue our growth trajectory. 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. 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! Operator? 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. It specializes in acquisitions, development, operations, technology, and e-commerce. GLP's global platform owns and operates assets and businesses in 17 countries including Brazil, China, Europe, India, Japan, the US and Vietnam. Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. Passionate about delivering on HR principles of attracting, developing, and retaining talent. 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. The fund targets logistics sector. This special Bloomberg program highlights the event's biggest interviews and news makers. 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. Melissa Ava Marshall MCIPD - European HR & Operations - LinkedIn Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter.
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