glp capital partners

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. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 million for the same period in 2021. This is a boost from Global Partnerss previous quarterly dividend of $0.63. Glp Capital Partners LP Company Profile | Santa Monica, CA PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. We are excited to work together on their flagship strategy! Leverage, which is defined in our credit agreement as funded debt-to-EBITDA was approximately 1.74x at the end of the fourth quarter. BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. 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. This information is available in the PitchBook Platform. 10x easier to research good investments Operator: Good day, everyone, and welcome to the Global Partners Fourth Quarter 2022 Financial Results Conference Call. GLP Capital Partners - Crunchbase Investor Profile & Investments Now let me turn the call back to Eric for closing comments. CapEx in the fourth quarter of 2022 was approximately $41 million, consisting of $26.6 million of maintenance CapEx and $14.4 million of expansion CapEx, the majority of which relates to our convenience stores. Which One is Best? Were proud of our long-shared history and culture with GLP and will continue to leverage our combined capabilities to create a powerful and unique ecosystem and value proposition for the benefit of our investors, customers and each other. 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. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. About Us | GLP 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 Operator: Good day, everyone, and welcome to the Global Partners . How is GLP related to GLP Capital Partners? GLP Capital Partners, a global alternative asset manager with approximately $125 billion in. 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. Slavena Raguz - Senior Financial Accountant - GLP Capital Partners Find More Contacts for GLP Capital Partners. We are thrilled to have learned from the creativity of these bright minds. Property Logistics Specialist GLP Plans IPO for Investment Arm To learn more about GLP Capital Partners, visit www.gcp.com. Looking at expenses. 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. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. Issuer: GLP Capital, L.P. Debt Level: senior unsecured Issue: USD 975 mln 5.375% bond/note 28-Apr-2026. 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. Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. Luxembourg Alter Domus 2 ans 9 mois . We believe these assumptions are reasonable given currently available information. Live market coverage co-anchored from Hong Kong and New York. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript Learn more in our Cookie Policy. We also have offices in Singapore and Hong Kong. Boston Properties. Brookfield Property Partners. 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. Active, Closed, This describes the type of investor this organization is (e.g. Partner at Holland & Knight LLP - West Coast Real Estate Deputy Practice Group Leader. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. 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 (GCP) is a registered investment adviser with over $5 billion in assets under management (AUM). glp, 1250 | Iir Happy to be at the ETF conference in Miami sharing our story! The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. SLP | LinkedIn The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. *May exclude premium content GLP | LinkedIn 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. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Turning to our distribution. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. 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. GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. 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. The segment's performance for both periods was driven largely by an increase in bunkering activity. 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. REGISTRATION STATUS. 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. Joseph Bohling on LinkedIn: GLP Capital Partners announces new Melissa Ava Marshall MCIPD - European HR & Operations - LinkedIn 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. By Francisco Alvarado. glp capital partners | DiGiacomo Group The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. GLP Capital Partners (GLP Capital Partners) - Real Estate Company 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. This is a profile preview from the PitchBook Platform. 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 Stifel Nicolaus raised Global Partners from a hold rating to a buy rating in a research note on Monday, November 7th. Sign in or Register Sign in / Register Database LP search GP search Cantor Fitzgerald Analysts Decrease Earnings Estimates for Chinook Therapeutics, Inc. 61,368 Shares in Zeta Global Holdings Corp. Receive News & Ratings for Global Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Partners and related companies with MarketBeat.com's FREE daily email newsletter. Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. I lead the legal strategy on major transactions and coordinate our dedicated team of external counsel. GLP Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Where is GLP located? GLP Capital Partners | LinkedIn We now offer renewable products at half of our 22 owned or controlled terminals. How long this might continue is impossible to say at the moment. 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. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. 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). Looking at the Wholesale segment for the fourth quarter of 2022, product margin increased $38.1 million to $70.7 million. Can it be just a desire to be a "member of the club?" Download this whitepaper to learn which top retail CRE brands are poised for big things in 2023. 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. Strong compliance background with experience in complex investor due diligence and familiar with the FCA handbook. GCP is a vertically integrated investment manager with a dedicated focus on logistics, supply chain, and storage real estate. Director, Deal Advisory, Infrastructure Advisory at KPMG US, I'm excited to announceARCO/Murray's 4th annual Women in Construction event. Jevin Zhuang - Fund Management Analyst - GLP Capital Partners To explore GLP Capital Partners IVs full profile, request access. 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. Hear the latest economic, business and market news, as well as global, national, and local news. Founded as a logistics real estate owner, developer and operator, GLP revolutionized the modern logistics industry by taking an innovative and entrepreneurial approach. Exclusive discounts on ALM and GlobeSt events. Purchased by MetLife Investment Management LLC. Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners Win whats next. For more information on GLPs ESG efforts, visit: glp.com/global/impact. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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. Los Angeles City Employees' Retirement System, Youre viewing 5 of 6 limited partners. December 08, 2021 05:30 PM. 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). Our team successfully navigated through these challenges. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. 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. Our combined investing and operating expertise allows us to create value for our customers and investors. 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. GLP Capital Partners Oct 2021 - Present 1 year 5 months. | Learn more about Melissa Ava Marshall MCIPD's . Singapore. 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! This represents a $6.29 annualized dividend and a dividend yield of 17.97%. By caring for the environment, empowering people, particularly our employees and communities and practicing responsible governance, we have formed the foundation for an enduring business that has stood the test of time and continues to thrive. Chief Operating Officer - GLP Capital Partners (GCP) - LinkedIn GLP Capital Partners has $1.5 billion to spend on North American self-storage properties after holding final closing of its GCP SecureSpace Property Partners fund. 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. 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. Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. GLP Capital, L.P. Credit Ratings :: Fitch Ratings 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. Operator? The companies it has invested in include Linklogis, Sygnum, Fenbeitong, Flowcast, Smart-Insight and more. Please go ahead, sir. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. Bank of America Corp DE increased its position in shares of Global Partners by 20.6% during the first quarter. This documentary-style series follows investigative journalists as they uncover the truth. U.S. Chief Investment Officer at GLP Capital Partners New York, New York, United States. The Los Angeles City Employees' Retirement System (LACERS) disclosed in a meeting document that it has approved a $40m commitment to the fund. 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. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. Glp J-reit Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. You can update your choices at any time in your settings. GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Capital Partners We continue to manage our balance sheet prudently. 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. This button displays the currently selected search type. The ex-dividend date of this dividend was Tuesday, February 7th. Delivered first phase of 120 MW data center in Jiangsu Province, China. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Selected profiles of other Operating Partners are also shown below. As of December 31, 2022, total borrowings outstanding under the credit agreement were $252.4 million. For the full year 2022, wholesale product margin increased $148.8 million to $287.7 million. Country: United States Sectors: Corporate Finance; Gaming, Lodging, and Leisure G7 is a technology company backed by GLP. Glassdoor gives you an inside look at what it's like to work at GL Capital Partners, including salaries, reviews, office photos, and more. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! 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 Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. Working at GL Capital Partners | Glassdoor 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. #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. GLP on LinkedIn: GLP Capital Partners maintains strong fundraising List of real estate investment firms - Wikipedia Bloomberg Daybreak Asia. 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Turning to our segment details. He received his Bachelor of Science in Finance from Indiana University School of Business. 801-117132 Form of Organization Corporation Legal Domicile DE, United States Registration SEC Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. See also 10 Most Promising Psychedelic Stocks and 12 Best Affordable Dividend Stocks to Buy. Monoful is the business development arm of GLP Japan. Building on this objective, this year, we published our inaugural Corporate Social Responsibility Report, which details the progress we have made along that journey. Oscar Wong - Managing Director - GLP Capital Partners (GCP) | LinkedIn Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. Copyright 2020 GLP. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. Headquarters Location 100 Wilshire Blvd. The firm had revenue of $4.43 billion during the quarter, compared to analysts expectations of $4.51 billion. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT We operate across Asia, Europe, and the Americas. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. The value-add fund will invest into the logistics sector. The current commercial real estate (CRE) landscape faces disruption from economic and geopolitical fallout. 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. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. 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. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. All content is posted anonymously by employees working at GL Capital Partners. Tower Research Capital LLC TRC Has $285,000 Stock Holdings in Global Brandywine Realty Trust. Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. Select Accept to consent or Reject to decline non-essential cookies for this use. Watch our brand video The top 5 finals presented their entries and an awards presentation in November. 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. GLP's global platform owns and operates assets and businesses in 17 countries including Brazil, China, Europe, India, Japan, the US and Vietnam. Copyright 2023 ALM Global, LLC. Strategic Partners | GLP Shell Asset Management Co. Reduces Stock Holdings in GXO Logistics, Inc. (NYSE:GXO), Shell Asset Management Co. Decreases Stock Position in Hudbay Minerals Inc. (NYSE:HBM). REGISTRATION STATUS . 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. GLP owns and operates assets and businesses in 17 countries across Asia, Europe, and the Americas. Your article was successfully shared with the contacts you provided. We continue to have ample excess capacity in our credit facility. Markets never sleep, and neither does Bloomberg. 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. Mar 2023 - Present1 month. 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 is a global company with headquarters in every country in which we operate including Brazil, China, Europe, India, Japan, the US and Vietnam. Global Partners LP (GLP) Q4 2022 Earnings Call Transcript Copyright 2020 GLP. 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. StockNews.com lowered Global Partners from a strong-buy rating to a buy rating in a report on Tuesday.

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