GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT GLP CAPITAL PARTNERS, INC. CRD No. Achieved total IT load capacity of ~1,400 MW in China. Our ability to attract top talent and focus on developing their skills supports our global growth and helps the company expand beyond what it is today. The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. 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. Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. The value-add fund will invest into the logistics sector. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. 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. GCP is focused on uncovering advantaged opportunities in logistics real. GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. The companies it has invested in include airCloset, TELEXISTENCE, Rapyuta Robotics, SmartDrive, souco, and more. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. 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. Bank of America Corp DE increased its position in shares of Global Partners by 20.6% during the first quarter. Global Partners had a return [] What does this mean for CRE professionals? Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. Watch our brand video Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. Finally, UBS Group AG increased its holdings in Global Partners by 328.0% in the second quarter. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Copyright 2023 ALM Global, LLC. GLPGCP GLP Capital Partners ""46 1250 . The energy company reported $1.54 earnings per share (EPS) for the quarter, beating analysts consensus estimates of $1.40 by $0.14. 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. 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. Turning to the Commercial segment. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. The retail fuel M&A pipeline remains very active and we continue to evaluate potential opportunities that align with our financial and operating objectives. 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. Although gasoline and diesel prices ended the fourth quarter at almost the same place they began the quarter, inter-quarter price volatility allowed for periods of strong margin capture. The companies it has invested in include Linklogis, Sygnum, Fenbeitong, Flowcast, Smart-Insight and more. EFFECTIVE DATE; SEC: Eric Slifka: Thank you, Sean, and good morning, everyone. Several other hedge funds have also made changes to their positions in GLP. 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. On a full year basis, SG&A was up $50.2 million to $263.1 million. GLP is a privately owned company incorporated in Singapore. Shell Asset Management Co. Cuts Stock Holdings in Harsco Co. (NYSE:HSC), Shell Asset Management Co. Sells 1,449 Shares of Redwood Trust, Inc. (NYSE:RWT). San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . The fund targets logistics sector. Sep 2022 - Present7 months. 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. GCP Capital Partners - Home Investing in Firms with Significant Potential Seasoned private equity professionals making both control and influential minority investments in high-growth and select cyclical-growth industries The companies it has invested in include Yimidida, Hive Box, Zongteng Logistics, G7, Inceptio Technology, Trunk, LiBiao Robot, Eastern Airlines Logistics, Wangjiahuan, Ouyeel, etc. GLP has been growing its data centers business since 2018, with a focus on sustainability, safety and the community. Arlington Asset Investment. Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. To continue reading the Q&A session, please click here. Operating expenses increased $25.2 million to $118 million for the fourth quarter and $91.7 million to $445.3 million for the full year. 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. 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 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. Happy to be at the ETF conference in Miami sharing our story! Selected profiles of other Operating Partners are also shown below. Where is GLP located? 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. 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. The registered office location is at 100 Wilshire Boulevard, Suite 940, Santa Monica, CA 90401. It's zoned for industrial development and can be developed into 500,000 square feet of commercial space. Can it be just a desire to be a "member of the club?" 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. 617-542-5300 GLP@investorrelations.com Today's call will include forward-looking statements within the meaning of Federal securities laws. Passionate about delivering on HR principles of attracting, developing, and retaining talent. 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. We are committed to a broad range of ESG initiatives that elevate our business, create value for our stakeholders, support our employees and show respect to our local communities. For the full year, DCF was $413.4 million compared with $120.7 million in '21. 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. The current commercial real estate (CRE) landscape faces disruption from economic and geopolitical fallout. Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. It specializes in acquisitions, development, operations, technology, and e-commerce. Find More Contacts for GLP Capital Partners. 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 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. GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. 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. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. 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. All Rights Reserved. Some private fund managers that invest in listed U.S. equities will have to start tracking how they vote U.S. proxies this year. The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. Copyright 2020 GLP. 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. 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. BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. This button displays the currently selected search type. 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. #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. 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. 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. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. This represents a $6.29 annualized dividend and a dividend yield of 17.97%. 10x easier to find good investments Los Angeles City Employees' Retirement System, Youre viewing 5 of 6 limited partners. All Rights Reserved. Today's call is being recorded. We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. Global Partners LP (NYSE: GLP) Q4 2022 Earnings Call Transcript February 27, 2023. 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. Brookfield Property Partners. Boston Properties. He received his Bachelor of Science in Finance from Indiana University School of Business. For more information on GLPs ESG efforts, visit: glp.com/global/impact. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. 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. Monoful is the business development arm of GLP Japan. Thank you for joining us. 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. We now offer renewable products at half of our 22 owned or controlled terminals. 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. 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. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. Please go ahead, sir. The Company focuses on providing logistics real estate investment management solutions. The energy . Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . Our focus is on maintaining a small company identity with an entrepreneurial mindset to continue our growth trajectory. Annaly Capital Management. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. 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 Capital Partners. The Los Angeles City Employees' Retirement System (LACERS) disclosed in a meeting document that it has approved a $40m commitment to the fund. 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 of GCP has closed what it says is the largest discretionary closed-end fund focused on North American logistics real estate ever raised. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! 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. 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. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). Excluding the net gain on the sale of assets, TTM distribution coverage was 2.8x or 2.6x after factoring in distributions to our preferred unitholders. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . Our combined investing and operating expertise allows us to create value for our customers and investors. We believe these assumptions are reasonable given currently available information. 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. 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. Gregory Hanson: Thank you, Eric, and good morning, everyone. Bitrock Capital is a fintech-focused venture capital firm backed by GLP. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. Shares of NYSE GLP opened at $34.99 on Friday. https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. 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. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. 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. For those of you who are participating, we look forward to meeting with you. Director, Deal Advisory, Infrastructure Advisory at KPMG US, I'm excited to announceARCO/Murray's 4th annual Women in Construction event. Sovereign Investor Leadership Conference March 2023 Menu Want to see what other hedge funds are holding GLP? Contacts Dafna Tapiero dtapiero@laurelstrategies.com 202-776-7776 GLP. Station operations product margin was $267.9 million for the full year 2022, up $34 million from 2021. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . GLP Capital Partners Inc. (Entity # 20201040294) is a Foreign Corporation in Santa Monica, California registered with the Colorado Department of State (CDOS). Global Partnerss dividend payout ratio is 25.32%. For the full year, GDSO product margin was up $209 million to $856.6 million, with fuel margins increasing $0.09 per gallon to $0.36 from $0.27 per gallon in the year-earlier period. Download this eBook and learn how CRE professionals can proactively manage economic challenges by leveraging the power of data. 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. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. I demystify finance | 50,000+ people read my free newsletter | Financial Educator | Author, Speaker, Creator, The internet has made it: Corporate Finance & Alternative Asset Investment. We continue to have ample excess capacity in our credit facility. Our team successfully navigated through these challenges. We are thrilled to announce our new structure as a dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. I lead the legal strategy on major transactions and coordinate our dedicated team of external counsel. Americold. The firm had revenue of $4.43 billion during the quarter, compared to analysts expectations of $4.51 billion. GDSO product margin was up $46.1 million in the quarter to $223.2 million. The increases in the quarter and the full year were in part due to increases in accrued discretionary incentive compensation and wages and benefits. 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 Fund Management, Capital Raising & Investor Relations. To explore GLP Capital Partners IVs full profile, request access. GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies. The fund focuses on logistics asset class. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. Hear the latest economic, business and market news, as well as global, national, and local news. 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.