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. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz The registered office location is at 100 Wilshire Boulevard, Suite 940, Santa Monica, CA 90401. Active, Closed, This describes the type of investor this organization is (e.g. 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. Interest expense was $19.7 million in the fourth quarter in both 2022 and 2021. It specializes in acquisitions, development, operations, technology, and e-commerce. 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. Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). SEC / JURISDICTION. Pacific Biosciences of California, Inc. (NASDAQ:PACB) Shares Sold by Shell Asset Management Co. Algoma Steel Group Inc. (NASDAQ:ASTL) Shares Sold by Shell Asset Management Co. New Gold Inc. (NYSEAMERICAN:NGD) Shares Sold by Shell Asset Management Co. For the full year, DCF was $413.4 million compared with $120.7 million in '21. http://ow.ly/x8QN50MJ7X4 Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. 304917 Latest Filing 26 Aug 2022 SEC No. 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. See also 10 Most Promising Psychedelic Stocks and 12 Best Affordable Dividend Stocks to Buy. Is Global Partners LP (GLP) . Shares of NYSE GLP opened at $34.99 on Friday. Country: United States Sectors: Corporate Finance; Gaming, Lodging, and Leisure 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. GLP Capital Partners. GLPs 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. Want to see what other hedge funds are holding GLP? The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. For the full year, Commercial segment product margin increased $25.4 million to $41 million. Several other hedge funds have also made changes to their positions in GLP. At this time, I'd like to turn the call over to Mr. Geary for opening remarks. https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. 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. 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. 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. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. This report is available on our website, and I encourage you to review it. Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. Now, Greg, Mark and I will be happy to take your questions. Eric Slifka: Thank you, Sean, and good morning, everyone. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. GLP Capital Partners Oct 2021 - Present 1 year 5 months. Globally, CMC ranked 27th with US$19.1B raised between 1 January 2016 and 31 March 2021. Our combined investing and operating expertise allows us to create value for our customers and investors. The ex-dividend date of this dividend was Tuesday, February 7th. Operator? GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Capital Partners Exclusive discounts on ALM and GlobeSt events. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. 10x harder to hold good investments, Managing Director, Head of GC&SEA&Australia, We are thrilled to collaborate with Crow Holdings, a US-based real estate investment manager. Our sites are strategically located along the "dorsale" logistics corridor and offer customers access to United Kingdom's biggest population centers and sea ports. All Rights Reserved. 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.. The retail fuel M&A pipeline remains very active and we continue to evaluate potential opportunities that align with our financial and operating objectives. Operator: Good day, everyone, and welcome to the Global Partners Fourth Quarter 2022 Financial Results Conference Call. Live market coverage co-anchored from Hong Kong and New York. 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. Learn more in our Cookie Policy. Global Fund Management, Capital Raising & Investor Relations. 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. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. This special Bloomberg program highlights the event's biggest interviews and news makers. Mar 2023 - Present1 month. Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. *May exclude premium content Our focus is on maintaining a small company identity with an entrepreneurial mindset to continue our growth trajectory. 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. GLP Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. 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. For full year 2022, interest expense increased $1.2 million to $81.3 million. 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. All content is posted anonymously by employees working at GL Capital Partners. 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. 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). 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. The Chicago event on Thursday, March 9th is open to all to support women in the construction and engineering fields! GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. 77 % of GDP 55 % of global population 66 Offices 17 Countries The History of GLP Frequently Asked Questions Is GLP a private company? The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . Many thanks to Emerge CM. Download this eBook and learn how CRE professionals can proactively manage economic challenges by leveraging the power of data. This is the GL Capital Partners company profile. GLP Capital Partners serves institutions such as pension funds, sovereign wealth funds, and endowments worldwide. What does this mean for CRE professionals? GLP Capital Partners has announced a final close for GCP SecureSpace Property Partners. Happy to be at the ETF conference in Miami sharing our story! The fund targets logistics sector. GCP is focused on uncovering advantaged opportunities in logistics real. GLP Capital Partners IV is a real estate value added fund managed by GCP. Ming Mei is co-Founder and CEO of GLP. 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 global experience and expertise allow us to build businesses create value for our partners Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. I lead the legal strategy on major transactions and coordinate our dedicated team of external counsel. The Los Angeles City Employees' Retirement System (LACERS) disclosed in a meeting document that it has approved a $40m commitment to the fund. Arlington Asset Investment. 2023 PitchBook. 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. Very nice, congratulations on your and GLP's success, Alan. 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. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. Download this whitepaper to learn which top retail CRE brands are poised for big things in 2023. Goldman Sachs Group Inc. now owns 193,521 shares of the energy companys stock worth $4,548,000 after acquiring an additional 57,422 shares during the last quarter. 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 Capital Partners is the exclusive investment and asset manager of GLP. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . Bloomberg Daybreak Asia. Find More Contacts for GLP Capital Partners. 617-542-5300 GLP@investorrelations.com BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. 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. 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. Global Partners LP (NYSE: GLP) Q4 2022 Earnings Call Transcript February 27, 2023. To continue reading the Q&A session, please click here. 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. 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. EFFECTIVE DATE; SEC: Global Partners had a return [] Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. GLP Capital Partners, a global alternative asset manager with approximately $125 billion in assets under management as of 31 December 2022, is the exclusive investment and asset manager of GLP. Very excited to be on this journey with GCP! 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. All rights reserved. GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies. We continue to have ample excess capacity in our credit facility. 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. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. Overnight on Wall Street is daytime in Asia. Pallas Capital Advisors LLC lifted its stake in shares of Global Partners by 2.7% during the third quarter. GLP Capital Partners Native Currency USD Fund Manager's Location 100 Wilshire Boulevard Suite 1400 Santa Monica, CA 90401 United States +1 (310) 000-0000 Fund Domiciles United States: Delaware Cayman Islands GLP Capital Partners IV Investment Strategy Investments by Industry Investments by Deal Type Want detailed data on 3M+ companies? The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. 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. Delivered first phase of 120 MW data center in Jiangsu Province, China. #GCP #GLP, Very exciting to be managingthis ETF! No need to worry, says Felipe Villarroel. Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. Retailers faced a wide range of challenges in 2022. This documentary-style series follows investigative journalists as they uncover the truth. 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. Caution and uncertainty are the popular themes. Finally, UBS Group AG increased its holdings in Global Partners by 328.0% in the second quarter. During the same quarter in the previous year, the company earned $0.44 earnings per share. Turning to our segment details. 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. Bitrock Capital is a fintech-focused venture capital firm backed by GLP. Institutional investors and hedge funds own 28.40% of the companys stock. The company announced the . Sep 2022 - Present7 months. Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. 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. 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. 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. 332 followers 329 connections. 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. GLPGCP GLP Capital Partners ""46 1250 . Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 million for the same period in 2021. DCF for 2022 included a net gain of $79.9 million primarily related to the sale of our Revere terminal in June. 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. We operate across Asia, Europe, and the Americas. StockNews.com lowered Global Partners from a strong-buy rating to a buy rating in a report on Tuesday. Thank you for joining us. In addition to the power of our people, our company performance demonstrates the resilience of our business model, the strength of our assets and the value that we deliver for the guests at our gas stations and convenience markets and the customers at our liquid energy terminals every day. Hong Kong SAR. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . Global Partners (NYSE:GLP Get Rating) last issued its quarterly earnings data on Monday, February 27th. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Partner at Holland & Knight LLP - West Coast Real Estate Deputy Practice Group Leader. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. 10x easier to research good investments GLP Capital Partners maintains strong fundraising momentum across strategies in 2022 - GLP Capital Partners 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. 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. Luxembourg Alter Domus 2 ans 9 mois .
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