Today's call will include forward-looking statements within the meaning of Federal securities laws. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Capital Partners 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. 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. 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. 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. 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. Monoful is the business development arm of GLP Japan. The Company focuses on providing logistics real estate investment management solutions. Very excited to be on this journey with GCP! Now it's my pleasure to turn the call over to our President and Chief Executive Officer, Eric Slifka. We now offer renewable products at half of our 22 owned or controlled terminals. 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. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! Hong Kong SAR. 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. #GCP #GLP GLP Capital Partners LP - Company Profile and News - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology, innovation and. All rights reserved. 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. In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of GLP. Mar 2023 - Present1 month. 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. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . The entity was formed on January 15, 2020 in the jurisdiction of Delaware. 332 followers 329 connections. Sovereign Investor Leadership Conference March 2023 Menu 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. GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 mois. Bank of America Corp DE increased its position in shares of Global Partners by 20.6% during the first quarter. 77 % of GDP 55 % of global population 66 Offices 17 Countries The History of GLP Frequently Asked Questions Is GLP a private company? This is a profile preview from the PitchBook Platform. 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 Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. GLPGCP GLP Capital Partners ""46 1250 . 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. Turning to our distribution. Selected profiles of other Operating Partners are also shown below. This special Bloomberg program highlights the event's biggest interviews and news makers. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Stockholders of record on Wednesday, February 8th were issued a $1.572 dividend. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. 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. Private Equity | GLP Investing in established and growth-stage businesses. GLP's global platform owns and operates assets and businesses in 17 countries including Brazil, China, Europe, India, Japan, the US and Vietnam. 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 . Delivered first phase of 120 MW data center in Jiangsu Province, China. Website https://gcp.com/ Industries Financial Services Company size 501-1,000 employees Headquarters Singapore Type. GLP Capital Partners (GCP) has raised $2.3bn (1.9bn) for its North American logistics real estate fund. Several analysts have weighed in on GLP shares. The Los Angeles City Employees' Retirement System (LACERS) disclosed in a meeting document that it has approved a $40m commitment to the fund. Los Angeles, CA Prologis 3 years 7 months Investment Director Prologis Nov 2020 - Oct . Luxembourg Alter Domus 2 ans 9 mois . All Rights Reserved. The value-add fund will invest into the logistics sector. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. Director, Deal Advisory, Infrastructure Advisory at KPMG US, I'm excited to announceARCO/Murray's 4th annual Women in Construction event. Brandywine Realty Trust. 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. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. Sign in or Register Sign in / Register Database LP search GP search Globally, CMC ranked 27th with US$19.1B raised between 1 January 2016 and 31 March 2021. Please go ahead, sir. 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. Why do investors keep destroying wealth? We are thrilled to announce our new structure as a dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. 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. Your article was successfully shared with the contacts you provided. Markets never sleep, and neither does Bloomberg. Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. The business also recently declared a quarterly dividend, which was paid on Tuesday, February 14th. 617-542-5300 GLP@investorrelations.com With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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. Passionate about delivering on HR principles of attracting, developing, and retaining talent. #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. GLP Capital Partners (GCP) is a registered investment adviser with over $5 billion in assets under management (AUM). 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. 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. GLP owns and operates assets and businesses in 17 countries across Asia, Europe, and the Americas. 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. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. Shares of NYSE GLP opened at $34.99 on Friday. 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 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. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. | Learn more about Melissa Ava Marshall MCIPD's . Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. 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. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. I demystify finance | 50,000+ people read my free newsletter | Financial Educator | Author, Speaker, Creator, The internet has made it: GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. Brixmor Property Group. This information is available in the PitchBook Platform. We continue to have ample excess capacity in our credit facility. Gregory Hanson: Thank you, Eric, and good morning, everyone. Under his leadership and vision, GLP revolutionized the modern logistics industry by taking an innovative and entrepreneurial approach to growth and value creation and has since expanded into adjacent sectors and new markets. GLP Capital Partners is the exclusive investment and asset manager of GLP. The fund is based in Santa Monica, California and invests in North America. Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. REGISTRATION STATUS. #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. Crude oil product margin improved to a negative $9.4 million, up $3.4 million from a year earlier. As a group, equities analysts expect that Global Partners LP will post 3.2 earnings per share for the current fiscal year. Read more about GLP Capital Partners. Global Partners (NYSE:GLP Get Rating) last issued its quarterly earnings data on Monday, February 27th. Cantor Fitzgerald Analysts Decrease Earnings Estimates for Chinook Therapeutics, Inc. 61,368 Shares in Zeta Global Holdings Corp. Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. #1400 Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. Arlington Asset Investment. 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. This documentary-style series follows investigative journalists as they uncover the truth. It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. Leverage, which is defined in our credit agreement as funded debt-to-EBITDA was approximately 1.74x at the end of the fourth quarter. Our combined global experience and expertise allow us to build businesses create value for our partners 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. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. Copyright 2020 GLP. StockNews.com lowered Global Partners from a strong-buy rating to a buy rating in a report on Tuesday. Many thanks to Emerge CM. 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. GLP Capital Partners Inc. (Entity # 20201040294) is a Foreign Corporation in Santa Monica, California registered with the Colorado Department of State (CDOS). We are thrilled to have learned from the creativity of these bright minds. 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. Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 million for the same period in 2021. Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . 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 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. 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. Operator: Good day, everyone, and welcome to the Global Partners . Eric Slifka: Thank you, Sean, and good morning, everyone. GLP Capital Partners. 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. For more information on GLPs ESG efforts, visit: glp.com/global/impact. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Angel, Fund of Funds, Venture Capital), General contact email for the organization. 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. Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. 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. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. GLP reorganises global fund management platform to form GLP Capital Partners. 304917 Latest Filing 26 Aug 2022 SEC No. Thank you for joining us. Stifel Nicolaus raised Global Partners from a hold rating to a buy rating in a research note on Monday, November 7th. 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. This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector. GLP has announced a substantial plan to enter the Japan data center market, with a target of investing more than $12 billion over the next five years to build out 900 MW of power capacity. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. 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. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Is Global Partners LP (GLP) . Strong compliance background with experience in complex investor due diligence and familiar with the FCA handbook. #GCP #GLP, Very exciting to be managingthis ETF! 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. The ex-dividend date of this dividend was Tuesday, February 7th. UBS Group AG now owns 70,415 shares of the energy companys stock valued at $1,655,000 after buying an additional 53,964 shares during the last quarter. GCP is focused on uncovering advantaged opportunities in logistics real. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. AvalonBay Communities. GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. As General Counsel & Chief Administrative Officer I sit on the GLP Europe management team and am responsible for all legal, compliance, regulatory, risk management and governance matters in Europe, as well as Marketing & Communications. Singapore. Bank of America Corp DE now owns 90,092 shares of the energy companys stock worth $2,457,000 after acquiring an additional 15,360 shares during the last quarter. To learn more about GLP Capital Partners, visit www.gcp.com. Global Partnerss dividend payout ratio is 25.32%. We believe these assumptions are reasonable given currently available information. The registered office location is at 100 Wilshire Boulevard, Suite 940, Santa Monica, CA 90401. Caution and uncertainty are the popular themes. Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. Solartility platform leases panels, storage batteries and bi-directional meters. Join to view profile GLP Capital Partners . Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. "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. 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. MetLife Investment Management LLC Buys 2,282 Shares of Wabash National Co. MetLife Investment Management LLC Boosts Stake in MannKind Co. MetLife Investment Management LLC Boosts Holdings in 23andMe Holding Co. MetLife Investment Management LLC Raises Stock Holdings in TG Therapeutics, Inc. Cantor Fitzgerald Analysts Decrease Earnings Estimates for Chinook Therapeutics, Inc. (NASDAQ:KDNY), 61,368 Shares in Zeta Global Holdings Corp. (NASDAQ:ZETA) Purchased by MetLife Investment Management LLC, MetLife Investment Management LLC Buys 2,282 Shares of Wabash National Co. (NYSE:WNC), MetLife Investment Management LLC Boosts Stake in MannKind Co. (NASDAQ:MNKD), MetLife Investment Management LLC Boosts Holdings in 23andMe Holding Co. (NASDAQ:ME), MetLife Investment Management LLC Raises Stock Holdings in TG Therapeutics, Inc. (NASDAQ:TGTX), MetLife Investment Management LLC Has $414,000 Position in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL), MetLife Investment Management LLC Raises Holdings in Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT), MetLife Investment Management LLC Purchases 7,570 Shares of Armada Hoffler Properties, Inc. (NYSE:AHH), MetLife Investment Management LLC Has $418,000 Holdings in Morphic Holding, Inc. (NASDAQ:MORF), UMH Properties, Inc. (NYSE:UMH) Shares Acquired by MetLife Investment Management LLC, Shell Asset Management Co. Sells 316 Shares of Howmet Aerospace Inc. (NYSE:HWM). 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. Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Active, Closed, This describes the type of investor this organization is (e.g. 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. The distribution was paid on February 14 to unitholders of record as of the close of business on February 8. 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 China has signed an agreement with Contemporary Amperex Technology Ltd. (CATL), the worlds leading battery provider and the largest maker of electric vehicle (EV) batteries, to create a new platform aimed at expanding the use of new energy through asset-as-a-service offerings and advancing sustainability in logistics and transportation. Global Partners undertakes no obligation to revise or update any forward-looking statements. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Partners LP (NYSE:GLP Get Rating). Building on this objective, this year, we published our inaugural Corporate Social Responsibility Report, which details the progress we have made along that journey. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. To continue reading the Q&A session, please click here. Sean Geary: Good morning. Retailers faced a wide range of challenges in 2022. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. 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. Select Accept to consent or Reject to decline non-essential cookies for this use. 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. This reflected an increase in activity at our convenience stores in part due to our recent acquisitions. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. For the full year, DCF was $413.4 million compared with $120.7 million in '21. Bitrock Capital is a fintech-focused venture capital firm backed by GLP. Headquarters Location 100 Wilshire Blvd. 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.