Win whats next. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. Today's call is being recorded. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. Website https://gcp.com/ Industries Financial Services Company size 501-1,000 employees Headquarters Singapore Type. 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 Global Partnerss dividend payout ratio is 25.32%. 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.. As Eric noted, diligent planning, effective fuel inventory management and solid execution by the entire team, allowed us to have continued strong performance in the fourth quarter of 2022, closing out a very strong year for the Partnership, highlighted by healthy margin contributions from all three segments of our business. Corporate Finance & Alternative Asset Investment. Operator? View contacts for GLP Capital Partners to access new leads and connect with decision-makers. Looking at our upcoming Investor Relations calendar. REGISTRATION STATUS. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. Covering Brazil, Vietnam & PE funds. GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. Our focus is on maintaining a small company identity with an entrepreneurial mindset to continue our growth trajectory. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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 raises $2.3bn for North American logistics fund Is Global Partners LP (GLP) . Global Partners (NYSE:GLP) Posts Earnings Results, Beats Expectations For the full year 2022, wholesale product margin increased $148.8 million to $287.7 million. Copyright 2020 GLP. Issuer: GLP Capital, L.P. Debt Level: senior unsecured Issue: USD 975 mln 5.375% bond/note 28-Apr-2026. BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. GLP Capital Partners raise $1.5bn | PERE Overnight on Wall Street is daytime in Asia. Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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. GLP is a global company with headquarters in every country in which we operate including Brazil, China, Europe, India, Japan, the US and Vietnam. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. 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. Gregory Hanson: Thank you, Eric, and good morning, everyone. GLP Capital Partners Scores $64M Construction Loan For Doral Logistics Project As demand outpaces supply in South Florida's industrial market, GLP Capital Partners scored a $64.2 million construction loan for a new logistics park in Doral, The Real Deal has learned. At over $2.3 billion the fund, GLP . 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. Monoful is the business development arm of GLP Japan. To explore GLP Capital Partners IVs full profile, request access. GLP is a privately owned company incorporated in Singapore. The companies it has invested in include Yimidida, Hive Box, Zongteng Logistics, G7, Inceptio Technology, Trunk, LiBiao Robot, Eastern Airlines Logistics, Wangjiahuan, Ouyeel, etc. Global Fund Management, Capital Raising & Investor Relations. Why do investors keep destroying wealth? We also have offices in Singapore and Hong Kong. The retail fuel M&A pipeline remains very active and we continue to evaluate potential opportunities that align with our financial and operating objectives. Please go ahead, sir. Partner at Holland & Knight LLP - West Coast Real Estate Deputy Practice Group Leader. 10x easier to find good investments 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. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. Luxembourg Alter Domus 2 ans 9 mois . Bank of America Corp DE increased its position in shares of Global Partners by 20.6% during the first quarter. 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 GLP Capital Partners Oct 2021 - Present 1 year 5 months. 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. 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. The fund targets logistics sector. Download this whitepaper to learn which top retail CRE brands are poised for big things in 2023. Who owns GLP? | Learn more about Melissa Ava Marshall MCIPD's . In January, the Board declared a fourth quarter cash distribution of $1.5725 per unit on all of our outstanding common units consisting of a quarterly distribution of $0.6350 per unit, $2.54 per unit on an annualized basis and a onetime special distribution of $0.9375 per common unit. GLP's global platform owns and operates assets and businesses in 17 countries including Brazil, China, Europe, India, Japan, the US and Vietnam. 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. Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. 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. All Rights Reserved. #GCP #GLP, Very exciting to be managingthis ETF! We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. For the full year, Commercial segment product margin increased $25.4 million to $41 million. U.S. Chief Investment Officer at GLP Capital Partners New York, New York, United States. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT Property Logistics Specialist GLP Plans IPO for Investment Arm Private Equity | GLP Investing in established and growth-stage businesses. How is GLP related to GLP Capital Partners? 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. By Francisco Alvarado. 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. 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. Global Partners had a return [] 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. Contacts Dafna Tapiero dtapiero@laurelstrategies.com 202-776-7776 GLP. 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. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. See also 10 Most Promising Psychedelic Stocks and 12 Best Affordable Dividend Stocks to Buy. 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. Mar 2023 - Present1 month. The company was formerly listed on SGX-ST between 2010 to 2018. Very nice, congratulations on your and GLP's success, Alan. Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). GCP: Versatile strategy critical to deployment in US logistics - PERE On the EV front, our sustainability group welcomed and electric innovation strategist to evaluate, educate and guide our strategy in the electric space, including electric vehicle and charger market. The top 5 finals presented their entries and an awards presentation in November. GLP is the largest shareholder of GLP Capital Partners. Industrial & commercial warehouses rental | Available properties | GLP Hear the latest economic, business and market news, as well as global, national, and local news. Markets never sleep, and neither does Bloomberg. Live market coverage co-anchored from Hong Kong and New York. 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. 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 is focused on uncovering advantaged opportunities in logistics real estate, self-storage and related technologies. The increases were largely associated with our GDSO operations, including our recent acquisitions, reflecting higher credit card fees related to increases in volume and price, higher salary and rent expenses, partially due to greater activity at our stores and increases in our environmental reserve and maintenance and repair expenses. It specializes in acquisitions, development, operations, technology, and e-commerce. Jevin Zhuang - Fund Management Analyst - GLP Capital Partners Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. Current Vacancies - GLP Europe GLP Capital Closes $2.3 Billion Logistics Real Estate Fund 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. 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. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. GLP Capital Partners (GCP) has raised $2.3bn (1.9bn) for its North American logistics real estate fund. Stockholders of record on Wednesday, February 8th were issued a $1.572 dividend. SEC / JURISDICTION. Glp Capital Partners LP Company Profile | Santa Monica, CA GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. 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. 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. This button displays the currently selected search type. 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. Your article was successfully shared with the contacts you provided. Sep 2022 - Present7 months. For those of you who are participating, we look forward to meeting with you. #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. GLP Capital Partners - CB Insights Singapore. GDSO product margin was up $46.1 million in the quarter to $223.2 million. 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. All rights reserved. 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. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . 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. 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). We continue to have ample excess capacity in our credit facility. 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! 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. Oscar Wong - Managing Director - GLP Capital Partners (GCP) | LinkedIn GLP Capital Partners (GLP Capital Partners) - Real Estate Company No need to worry, says Felipe Villarroel. Global Partners had a net margin of 1.92% and a return on equity of 52.42%. This information is available in the PitchBook Platform. Americold. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. GLP Capital Partners (GCP) is a registered investment adviser with over $5 billion in assets under management (AUM). SLP | LinkedIn 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. 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. GLP Capital Partners Fund Manager Profile | Preqin Our combined investing and operating expertise allows us to create value for our customers and investors. GLPs strategic investment partnership with CMC expands our investment scope further into infrastructure, finance and private equity and enables both partners to leverage each others network of domestic and international investors to collaborate on the development of new funds. glp, 1250 | Iir We continue to manage our balance sheet prudently. DCF for 2022 included a net gain of $79.9 million primarily related to the sale of our Revere terminal in June. Ming Mei is co-Founder and CEO of GLP. Brookfield Property Partners. 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. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital 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. 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. 10x harder to hold good investments, Managing Director, Head of GC&SEA&Australia, We are thrilled to collaborate with Crow Holdings, a US-based real estate investment manager. This is a profile preview from the PitchBook Platform. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz I demystify finance | 50,000+ people read my free newsletter | Financial Educator | Author, Speaker, Creator, The internet has made it: GLP Capital Partners is the exclusive investment and asset manager of GLP. 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