It's zoned for industrial development and can be developed into 500,000 square feet of commercial space. 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. With all of the SEC rule proposals, the expansion of the proxy voting regime flew under the radar a bit. The top 5 finals presented their entries and an awards presentation in November. There are Four Different NOIs in a CRE Deal. Very excited to be on this journey with GCP! Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. 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 owns and operates assets and businesses in 17 countries across Asia, Europe, and the Americas. GLP Capital Partners. Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. The ex-dividend date of this dividend was Tuesday, February 7th. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. The Company focuses on providing logistics real estate investment management solutions. GLP Capital Partners is a leading global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. Want to see what other hedge funds are holding GLP? The energy company reported $1.54 earnings per share (EPS) for the quarter, beating analysts consensus estimates of $1.40 by $0.14. 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. Exclusive discounts on ALM and GlobeSt events. In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of GLP. SG&A expenses increased $23 million in the fourth quarter to $80.8 million. This is a profile preview from the PitchBook Platform. Global Partnerss dividend payout ratio is 25.32%. As of December 31, 2022, total borrowings outstanding under the credit agreement were $252.4 million. No need to worry, says Felipe Villarroel. Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz Glassdoor gives you an inside look at what it's like to work at GL Capital Partners, including salaries, reviews, office photos, and more. Caution and uncertainty are the popular themes. 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 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. 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. 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. All rights reserved. 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. Globally, CMC ranked 27th with US$19.1B raised between 1 January 2016 and 31 March 2021. 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). GLP's global platform owns and operates assets and businesses in 17 countries including Brazil, China, Europe, India, Japan, the US and Vietnam. DCF for 2022 included a net gain of $79.9 million primarily related to the sale of our Revere terminal in June. 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. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including regulatory approval. #GCP #GLP, Very exciting to be managingthis ETF! Luxembourg Alter Domus 2 ans 9 mois . 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. 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. All Rights Reserved. When expanded it provides a list of search options that will switch the search inputs to match the current selection. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. Americold. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. We also continue to focus on optimizing our terminal network. It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . Operating expenses increased $25.2 million to $118 million for the fourth quarter and $91.7 million to $445.3 million for the full year. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. 332 followers 329 connections. Turning to the Commercial segment. The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. Operator: Good day, everyone, and welcome to the Global Partners . 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. For more information on GLPs ESG efforts, visit: glp.com/global/impact. Sign in or Register Sign in / Register Database LP search GP search 77 % of GDP 55 % of global population 66 Offices 17 Countries The History of GLP Frequently Asked Questions Is GLP a private company? 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 The company announced the . 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. Emerge is honoured to have Catherine as a sub-advisor on the Emerge EMPWR Platform! 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. Shares of NYSE GLP opened at $34.99 on Friday. Win whats next. For the first time, "institutional investment managers" have to disclose how they're voting proxies on their (or their clients') holdings of US-listed securities with respect to executive compensation matters. 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. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . Turning to our segment details. 10x easier to find good investments 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 Overnight on Wall Street is daytime in Asia. Copyright 2020 GLP. These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. This information is available in the PitchBook Platform. 801-117132 Form of Organization Corporation Legal Domicile DE, United States Registration SEC From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. We encourage our people to think beyond the bounds of their roles and our industry by being innovative, sharing new ideas and working as a team. 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. Copyright 2020 GLP. This documentary-style series follows investigative journalists as they uncover the truth. Very nice, congratulations on your and GLP's success, Alan. 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. 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. For the full year, Commercial segment product margin increased $25.4 million to $41 million. 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. 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. Read more about GLP Capital Partners. Ming Mei is co-Founder and CEO of GLP. 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! 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. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. We continue to have ample excess capacity in our credit facility. December 08, 2021 05:30 PM. We are thrilled to have learned from the creativity of these bright minds. GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. For the fourth quarter, our Wholesale segment product margin more than doubled from the same period in 2021 as market conditions and effective management of our inventories amid sustained backwardation in the distillates markets combined to drive strong margin capture. 13 min read. CapEx or the full year 2022 was $106.8 million, consisting of $54.4 million in maintenance CapEx, in line with our guidance of $45 million to $55 million; and expansion CapEx, excluding acquisitions of $52.4 million, in line with our guidance of $50 million to $60 million. 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. Global Partners undertakes no obligation to revise or update any forward-looking statements. 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.