When expanded it provides a list of search options that will switch the search inputs to match the current selection. The fund is based in Santa Monica, California and invests in North America. Watch our brand video 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. Purchased by MetLife Investment Management LLC. Crude oil product margin improved to a negative $9.4 million, up $3.4 million from a year earlier. To continue reading the Q&A session, please click here. Partner at Holland & Knight LLP - West Coast Real Estate Deputy Practice Group Leader. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. 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. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Active, Closed, This describes the type of investor this organization is (e.g. 2023 PitchBook. Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). The firm had revenue of $4.43 billion during the quarter, compared to analysts expectations of $4.51 billion. Building on this objective, this year, we published our inaugural Corporate Social Responsibility Report, which details the progress we have made along that journey. 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. 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. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Annaly Capital Management. 10x easier to find good investments GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies. GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. Glassdoor gives you an inside look at what it's like to work at GL Capital Partners, including salaries, reviews, office photos, and more. 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. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. SEC / JURISDICTION. The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. 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. 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. Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. Consistent with our focus on strategic transactions that strengthen our long-term earnings power, during the year, we closed on over $255 million of retail acquisitions. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. 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. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. Download this eBook and learn how CRE professionals can proactively manage economic challenges by leveraging the power of data. 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. Address: 100 Wilshire Blvd Ste 1400 Santa Monica, CA, 90401-1196 United States See other locations Phone: Website: www.glpcp.com Employees (this site): Modelled Employees (all sites): Modelled Revenue: Modelled Year Started: Unlock full sales materials and reports Contacts Get in Touch with 1 Principals* and 4 Contacts Adam Burnes Principal 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. Gregory Hanson: Thank you, Eric, and good morning, everyone. For full year 2022, interest expense increased $1.2 million to $81.3 million. 13 min read. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. GLP Capital Partners has announced a final close for GCP SecureSpace Property Partners. Issuer: GLP Capital, L.P. Debt Level: senior unsecured Issue: USD 975 mln 5.375% bond/note 28-Apr-2026. GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. | Learn more about Melissa Ava Marshall MCIPD's . This is a profile preview from the PitchBook Platform. Our sites are strategically located along the "dorsale" logistics corridor and offer customers access to United Kingdom's biggest population centers and sea ports. GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners 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. GLP Capital Partners IV is a real estate value added fund managed by GCP. Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz Singapore. 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. 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. Copyright 2020 GLP. Ming Mei is co-Founder and CEO of GLP. Today's call will include forward-looking statements within the meaning of Federal securities laws. 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. Global Partners (NYSE:GLP Get Rating) last issued its quarterly earnings data on Monday, February 27th. Stockholders of record on Wednesday, February 8th were issued a $1.572 dividend. The energy company reported $1.54 EPS for the quarter, topping analysts' consensus estimates of $1.40 by $0.14, MarketWatch Earnings reports. All Rights Reserved. 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. Global Partners undertakes no obligation to revise or update any forward-looking statements. 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. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. 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 "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. Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. 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GLP Capital Partners is the exclusive investment and asset manager of GLP. We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The adviser's REGISTRATION status is listed below. G7 currently serves more than 60,000 customers with more than 1.5 million connected vehicles in China and is committed to developing an open ecosystem that connects vehicles, logistic infrastructure and financial institutions. Caution and uncertainty are the popular themes. G7 is a technology company backed by GLP. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. 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. 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. Santa Monica, California, United States 1-10 Venture Capital Early Stage Venture www.glpcp.com/ 10,144 Highlights Investments 6 Employee Profiles 5 Contacts 21 Similar Companies 5 The companies it has invested in include Yimidida, Hive Box, Zongteng Logistics, G7, Inceptio Technology, Trunk, LiBiao Robot, Eastern Airlines Logistics, Wangjiahuan, Ouyeel, etc. 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. GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 mois. Looking at our upcoming Investor Relations calendar. Corporate Finance & Alternative Asset Investment. *May exclude premium content Hong Kong SAR. Markets never sleep, and neither does Bloomberg. We now offer renewable products at half of our 22 owned or controlled terminals. GLP Capital Partners. Station operations, including station operations product margin, which includes convenience store and prepared food sales, sundries and rental income, rose $9.9 million to $67.2 million from the fourth quarter of 2021. 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. 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. This report is available on our website, and I encourage you to review it. 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! Who owns GLP? GCP is a vertically integrated investment manager with a dedicated focus on logistics, supply chain, and storage real estate. GDSO product margin was up $46.1 million in the quarter to $223.2 million. I manage the legals on acquisitions, dispositions . Your article was successfully shared with the contacts you provided. Eric Slifka: Thank you, Sean, and good morning, everyone. 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. Monoful is the business development arm of GLP Japan. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Partners LP (NYSE:GLP Get Rating). 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. Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. 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. Operator: Good day, everyone, and welcome to the Global Partners Fourth Quarter 2022 Financial Results Conference Call. GLP is the largest shareholder of GLP Capital Partners. Thrilled indeed! BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. Download this whitepaper to learn which top retail CRE brands are poised for big things in 2023. The top 5 finals presented their entries and an awards presentation in November.
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