glp capital partners
The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). #GCP #GLP Eric Slifka: Thank you, Sean, and good morning, everyone. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. GCP: Versatile strategy critical to deployment in US logistics - PERE Edit Lists Featuring This Company Section, GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors, GLP Capital Partners buys Riverside County industrial site for $90 million, GLP Capital Partners Releases 2021 ESG Report, Venture Capital Investors with Investments in Denver, Colorado, Early Stage Venture Investors with Investments in Greater Seattle Area. We believe these assumptions are reasonable given currently available information. Brixmor Property Group. People and culture are core to GLPs business and its global success. GLP Capital Partners | LinkedIn With that, now let me turn the call over to Greg for his financial review. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. GLP Capital Partners Inc. 100 Wilshire Boulevard, Suite 940, Santa 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. Global Partners LP (GLP) Q4 2022 Earnings Call Transcript 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. GLP Capital Partners Inc. (Entity # 20201040294) is a Foreign Corporation in Santa Monica, California registered with the Colorado Department of State (CDOS). Purchased by MetLife Investment Management LLC. Station operations product margin was $267.9 million for the full year 2022, up $34 million from 2021. Looking at expenses. 10x easier to find good investments 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). Mar 2023 - Present1 month. GLP Capital Partners. Adjusted EBITDA for the fourth quarter of 2022 was $106.9 million, compared with $66 million for the same period in 2021. Copyright 2020 GLP. Some private fund managers that invest in listed U.S. equities will have to start tracking how they vote U.S. proxies this year. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT #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. GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. I manage the legals on acquisitions, dispositions . All Rights Reserved. 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 is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. 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. GLP Capital Partners IV Profile: Returns & Limited Partners | PitchBook 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. Very nice, congratulations on your and GLP's success, Alan. Overnight on Wall Street is daytime in Asia. 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. GLP Capital Partners Scores $64M Loan For Doral Project 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. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. For more information on GLPs ESG efforts, visit: glp.com/global/impact. Global Partnerss dividend payout ratio is 25.32%. For the full year 2022, wholesale product margin increased $148.8 million to $287.7 million. GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 mois. Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. 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. Turning to the Commercial segment. SEC / JURISDICTION. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. GLP reorganises global fund management platform to form GLP Capital Partners. 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. *May exclude premium content Chief Operating Officer at GLP Capital Partners Englewood, Colorado, United States 1K followers 500+ connections Join to connect GLP Capital Partners (GCP) Activity Congratulations Karolina. Global Partners (NYSE:GLP) Posts Earnings Results, Beats Expectations The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT GLP CAPITAL PARTNERS, INC. CRD No. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. Bloomberg Daybreak Asia. Current Vacancies - GLP Europe Pallas Capital Advisors LLC lifted its stake in shares of Global Partners by 2.7% during the third quarter. Sean Geary: Good morning. Sep 2022 - Present7 months. 332 followers 329 connections. We are thrilled to have learned from the creativity of these bright minds. This is a boost from Global Partnerss previous quarterly dividend of $0.63. The increases in the quarter and the full year were in part due to increases in accrued discretionary incentive compensation and wages and benefits. All Rights Reserved. Watch our brand video 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. IAPD - Investment Adviser Public Disclosure - Homepage 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. GLP Capital Closes $2.3 Billion Logistics Real Estate Fund DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. Sylvia Slaughter on LinkedIn: GLP Capital Partners announces new Finally, UBS Group AG increased its holdings in Global Partners by 328.0% in the second quarter. 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. Achieved total IT load capacity of ~1,400 MW in China. GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners Gregory Hanson: Thank you, Eric, and good morning, everyone. This special Bloomberg program highlights the event's biggest interviews and news makers. What does this mean for CRE professionals? U.S. Chief Investment Officer at GLP Capital Partners New York, New York, United States. Oscar Wong - Managing Director - GLP Capital Partners (GCP) | LinkedIn 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. 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. 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. We now offer renewable products at half of our 22 owned or controlled terminals. GLP Capital Partners - Crunchbase Investor Profile & Investments http://ow.ly/x8QN50MJ7X4 GLP Capital Partners Closes $2.3B Logistics Property Fund 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. GLP Capital Partners Oct 2021 - Present 1 year 5 months. 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 is a global investment manager that focuses on logistics facilities and logistics-related operating companies. Your article was successfully shared with the contacts you provided. GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. Our combined global experience and expertise allow us to build businesses create value for our partners Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. To continue reading the Q&A session, please click here. Eric Slifka: Thank you, Greg. GLP Capital Partners has announced a final close for GCP SecureSpace Property Partners. Copyright 2020 GLP. Country: United States Sectors: Corporate Finance; Gaming, Lodging, and Leisure Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript All rights reserved. Ming Mei is co-Founder and CEO of GLP. 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 Operating Partners Bespoke has over 75 Operating Partners who support the firm by assisting with opportunity identification, due diligence, building a value creation plan and investment oversight. | Learn more about Melissa Ava Marshall MCIPD's . Americold. 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. Contacts Dafna Tapiero dtapiero@laurelstrategies.com 202-776-7776 GLP. Global Partners undertakes no obligation to revise or update any forward-looking statements. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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 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. GLP Capital Partners LP - Company Profile and News 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. 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. This report is available on our website, and I encourage you to review it. 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. Working at GL Capital Partners | Glassdoor All Rights Reserved. Arlington Asset Investment. GDSO product margin was up $46.1 million in the quarter to $223.2 million. REGISTRATION STATUS . GLP Capital Partners, led by Alan Yang, former chief investment officer of Singaporean. Property Logistics Specialist GLP Plans IPO for Investment Arm 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. Global Partners had a return [] 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. 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. GLP Capital LP - Company Profile and News - Bloomberg.com Why do investors keep destroying wealth? The firm had revenue of $4.43 billion during the quarter, compared to analysts expectations of $4.51 billion. 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. Operator: Good day, everyone, and welcome to the Global Partners . 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. Turning to our segment details. We also have offices in Singapore and Hong Kong. 304917 Latest Filing 26 Aug 2022 SEC No. This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector. 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. The ex-dividend date of this dividend was Tuesday, February 7th. 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. List of real estate investment firms - Wikipedia Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. The business also recently declared a quarterly dividend, which was paid on Tuesday, February 14th. Global Partners had a net margin of 1.92% and a return on equity of 52.42%. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. The company announced the . At over $2.3 billion the fund, GLP . 617-542-5300 GLP@investorrelations.com Sovereign Investor Leadership Conference March 2023 Menu Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. Los Angeles, CA Prologis 3 years 7 months Investment Director Prologis Nov 2020 - Oct . The company was formerly listed on SGX-ST between 2010 to 2018. GCP targets $2bn capital raise for new US industrial fund GCP is focused on uncovering advantaged opportunities in logistics real estate, self-storage and related technologies. Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. 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. 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. GCP is focused on uncovering advantaged opportunities in logistics real. 13 min read. Interest expense was $19.7 million in the fourth quarter in both 2022 and 2021. Product margin from other oils and related products, which include distillates and residual oil, was up $48.5 million to $59.4 million, primarily due to more favorable market conditions in distillates. Melissa Ava Marshall MCIPD - European HR & Operations - LinkedIn 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. We are thrilled to announce our new structure as a dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. 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. 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. EFFECTIVE DATE; SEC: 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. 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. Los Angeles City Employees' Retirement System, Youre viewing 5 of 6 limited partners. Which One is Best? #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. GLP | LinkedIn Copyright 2020 GLP. 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 is the exclusive investment and asset manager of GLP. Global Partners LP - Investor Relations #1400 The Los Angeles City Employees' Retirement System (LACERS) disclosed in a meeting document that it has approved a $40m commitment to the fund. Brookfield Property Partners. This consists of $153.4 million under our $1.1 billion working capital revolving credit facility and $99 million under our $450 million revolving credit facility at 12/31/22. Passionate about delivering on HR principles of attracting, developing, and retaining talent. 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. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. 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. Global Partners LP has a 1-year low of $20.23 and a 1-year high of $39.24. The adviser's REGISTRATION status is listed below. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of GLP. GLP Capital Partners was founded in 2019 and is based in Santa Monica, California. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. Paul D. - Analyst - GLP Capital Partners | LinkedIn Strategic Partners | GLP GCP Capital Partners - Home 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. As a group, equities analysts expect that Global Partners LP will post 3.2 earnings per share for the current fiscal year. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. This Q4 retail quarterly index report reveals how economic headwinds impacted key retail CRE categories during the critical holiday shopping season, and what their performance tells us about consumer behavior and brick-and-mortar retail in the year ahead. GCP also invests in logistics technology companies from seed to growth equity stages. He received his Bachelor of Science in Finance from Indiana University School of Business. 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. Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. We operate across Asia, Europe, and the Americas. 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 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. We also continue to focus on optimizing our terminal network. 801-117132 Form of Organization Corporation Legal Domicile DE, United States Registration SEC The Chicago event on Thursday, March 9th is open to all to support women in the construction and engineering fields! GLP on LinkedIn: GLP Capital Partners maintains strong fundraising Luxembourg, Luxembourg Financial Accountant GLP Capital Partners mai 2020 - oct. 2021 1 an 6 mois. 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 increased its position in shares of Global Partners by 20.6% during the first quarter. Private Equity | GLP GLP Capital Partners - CB Insights With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. You can update your choices at any time in your settings. 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. United Kingdom - GLP Europe Global Partners (NYSE:GLP Get Rating) last issued its quarterly earnings data on Monday, February 27th. Now, Greg, Mark and I will be happy to take your questions. Product margin from other oils and related products increased to $190.1 million for the full year, up $124.7 million from 2022 -- 2021, excuse me, primarily due to more favorable market conditions, largely in distillates. #GCP #GLP, Very exciting to be managingthis ETF! During the same quarter in the previous year, the company earned $0.44 earnings per share. 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 is a profile preview from the PitchBook Platform. Where is GLP located? The energy . All Rights Reserved. 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. There are Four Different NOIs in a CRE Deal. 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. 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. 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. Retailers faced a wide range of challenges in 2022. The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. GCP Announces $2.3 Billion Final Closing of Logistics Property Fund
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