How is GLP related to GLP Capital Partners? United Kingdom - GLP Europe Looking at expenses. Global Fund Management, Capital Raising & Investor Relations. http://ow.ly/x8QN50MJ7X4 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. Stifel Nicolaus raised Global Partners from a hold rating to a buy rating in a research note on Monday, November 7th. 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. Ming co-founded Eastern Bell Venture Capital and sits on various public and private boards. 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. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. This is a profile preview from the PitchBook Platform. To explore GLP Capital Partners IVs full profile, request access. 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. 332 followers 329 connections. Thrilled indeed! 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! Interest expense was $19.7 million in the fourth quarter in both 2022 and 2021. All rights reserved. GLP Capital Buys Pepsi's Doral Plant from Terra, Terranova 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. 304917 Latest Filing 26 Aug 2022 SEC No. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Monoful is the business development arm of GLP Japan. Already have an account? 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. 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.. Annaly Capital Management. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including regulatory approval. We continue to manage our balance sheet prudently. 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. Passionate about delivering on HR principles of attracting, developing, and retaining talent. 13 min read. Global Partners LP (GLP) Stock Price, News, Quote & History - Yahoo! PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Oscar Wong - Managing Director - GLP Capital Partners (GCP) | LinkedIn 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. Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. GLP Capital Partners Oct 2021 - Present 1 year 5 months. 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. 2023 PitchBook. Sign in or Register Sign in / Register Database LP search GP search Many thanks to Emerge CM. With the purchases of Consumers Petroleum of Connecticut, Miller Oil Co. and Tidewater Convenience, we added more than 60 company-operated convenience markets and related fuel operations as well as fuel supply arrangements at more than 55 additional sites. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 million for the same period in 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. Adjusted EBITDA for the fourth quarter of 2022 was $106.9 million, compared with $66 million for the same period in 2021. 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. Laurel Casey - Vice President - Investments - GLP Capital Partners 10x easier to research good investments Global Partners LP (NYSE:GLP) Shares Sold by Tower Research Capital LLC Global Partners had a net margin of 1.92% and a return on equity of 52.42%. GCP: Versatile strategy critical to deployment in US logistics - PERE Partner at Holland & Knight LLP - West Coast Real Estate Deputy Practice Group Leader. Copyright 2020 GLP. 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 raises $2.3bn for North American logistics fund All Rights Reserved. 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. This information is available in the PitchBook Platform. 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. At over $2.3 billion the fund, GLP . By Francisco Alvarado. 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. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Partners LP (NYSE:GLP Get Rating). Covering Brazil, Vietnam & PE funds. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. 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. 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. | Learn more about Melissa Ava Marshall MCIPD's . 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. These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. 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. Global Partners LP (NYSE: GLP) Q4 2022 Earnings Call Transcript February 27, 2023. Your article was successfully shared with the contacts you provided. GDSO product margin was up $46.1 million in the quarter to $223.2 million. We are thrilled to have learned from the creativity of these bright minds. Leverage, which is defined in our credit agreement as funded debt-to-EBITDA was approximately 1.74x at the end of the fourth quarter. The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. Current Vacancies - GLP Europe 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. 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. The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. 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). The segment's performance for both periods was driven largely by an increase in bunkering activity. The fund focuses on logistics asset class. Glassdoor gives you an inside look at what it's like to work at GL Capital Partners, including salaries, reviews, office photos, and more. Next week, Mark and I will be participating in the JPMorgan 2023 Global High Yield and Leverage Finance Conference. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. GLP Capital Partners Fund Manager Profile | Preqin GLP Capital Partners, a global alternative asset manager with approximately $125 billion in. Global Partners (NYSE:GLP Get Rating) last issued its quarterly earnings data on Monday, February 27th. Our sites are strategically located along the "dorsale" logistics corridor and offer customers access to United Kingdom's biggest population centers and sea ports. Posted by MarketBeat News on Mar 3rd, 2023. This is the GL Capital Partners company profile. Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. Brixmor Property Group. 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 Company Profile | Management and - Datanyze #1400 GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. GLP Capital Partners Pulls In $1.5 Billion for Self-Storage Fund 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. 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. How long this might continue is impossible to say at the moment. Sensors track detailed information on trucks, drivers and cargo in real time, thus enabling a real-time view of fleet operations and the flow of goods. This button displays the currently selected search type. 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 | LinkedIn GLP Capital Partners IV is a real estate value added fund managed by GCP. 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. 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. 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. The energy . The fund was oversubscribed at its hard-cap at $1.5 billion, thus making it the the largest self-storage vehicle ever raised. 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. GCP is focused on uncovering advantaged opportunities in logistics real estate, self-storage and related technologies. With all of the SEC rule proposals, the expansion of the proxy voting regime flew under the radar a bit. GLP Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. I manage the legals on acquisitions, dispositions . This is a boost from Global Partnerss previous quarterly dividend of $0.63. 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 company has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . 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. GLP has been growing its data centers business since 2018, with a focus on sustainability, safety and the community. 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. Turning to our segment details. Ming Mei is co-Founder and CEO of GLP. Learn more in our Cookie Policy. 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. All Rights Reserved. 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. Working at GL Capital Partners | Glassdoor 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 is a privately owned company incorporated in Singapore. Pallas Capital Advisors LLC lifted its stake in shares of Global Partners by 2.7% during the third quarter. 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. 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GLP Capital Partners on LinkedIn: GLP Capital Partners announces new GLP Capital Partners (GLP Capital Partners) - Real Estate Company Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript 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 firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. The company announced the . For the full year 2022, wholesale product margin increased $148.8 million to $287.7 million. 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. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. Yet, these 10 retail brands prove there are many untapped opportunities in the year ahead. In the renewable fuels area, we permitted and completed the installation of customizable biofuel systems at four of our terminals and began biofuel supply projects at two additional facilities. GCP Announces $2.3 Billion Final Closing of Logistics Property Fund GLP Capital Partners | LinkedIn With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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). 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. 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. Globally, CMC ranked 27th with US$19.1B raised between 1 January 2016 and 31 March 2021. Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. 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.
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