Very nice, congratulations on your and GLP's success, Alan. Already have an account? GLP Capital Partners was founded in 2019 and is based in Santa Monica, California. Achieved total IT load capacity of ~1,400 MW in China. 2022 was an exceptionally strong year for Global, reflecting the dedication of our incredible team, our vertically integrated assets, adaptable operating model and strong balance sheet position us well for the year ahead. Tower Research Capital LLC TRC Raises Stock Holdings in Innoviva, Inc. (NASDAQ:INVA), Tower Research Capital LLC TRC Trims Holdings in SPDR S&P Pharmaceuticals ETF (NYSEARCA:XPH), Get a free copy of the StockNews.com research report on Global Partners (GLP), Hormel Hits 2-Year Low, And The Dip Gets Bought, Heres Why Ross Could Soon Be Hitting All Time Highs. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. Delivered first phase of 120 MW data center in Jiangsu Province, China. Brandywine Realty Trust. This documentary-style series follows investigative journalists as they uncover the truth. We are thrilled to have learned from the creativity of these bright minds. 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 a privately owned company incorporated in Singapore. 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. The Earthshot Prize 2022 is a global prize designed to incentivize change and help to repair our planet by awarding five winners each year for their contributions to environmentalism. We continue to manage our balance sheet prudently. 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, a global alternative asset manager with approximately $125 billion in. Turning to our distribution. 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. Looking at expenses. Cantor Fitzgerald Analysts Decrease Earnings Estimates for Chinook Therapeutics, Inc. 61,368 Shares in Zeta Global Holdings Corp. Website https://gcp.com/ Industries Financial Services Company size 501-1,000 employees Headquarters Singapore Type. Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. 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. The Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. Sovereign Investor Leadership Conference March 2023 Menu Operator: Good day, everyone, and welcome to the Global Partners Fourth Quarter 2022 Financial Results Conference Call. In December, we entered into a purchase agreement with Gulf Oil Limited partnership to acquire five of Gulf's refined product terminals for approximately $273 million in cash. At this time, I'd like to turn the call over to Mr. Geary for opening remarks. Los Angeles City Employees' Retirement System, Youre viewing 5 of 6 limited partners. This is the GL Capital Partners company profile. 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. Ming Mei is co-Founder and CEO of GLP. We believe these assumptions are reasonable given currently available information. GLP owns and operates assets and businesses in 17 countries 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 company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. Hear the latest economic, business and market news, as well as global, national, and local news. 13 min read. Our Commercial segment also capped 2022 with a strong fourth quarter as bunkering activity remained robust. Selected profiles of other Operating Partners are also shown below. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. 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. 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. Headquarters Location 100 Wilshire Blvd. Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. Issuer: GLP Capital, L.P. Debt Level: senior unsecured Issue: USD 975 mln 5.375% bond/note 28-Apr-2026. Active, Closed, This describes the type of investor this organization is (e.g. Strong compliance background with experience in complex investor due diligence and familiar with the FCA handbook. Institutional investors and hedge funds own 28.40% of the companys stock. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. The company was formerly listed on SGX-ST between 2010 to 2018. 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. UBS Group AG now owns 70,415 shares of the energy companys stock valued at $1,655,000 after buying an additional 53,964 shares during the last quarter. In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of GLP. 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. Shares of NYSE GLP opened at $34.99 on Friday. 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. Mar 2023 - Present1 month. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 . During the same quarter in the previous year, the company earned $0.44 earnings per share. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. 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. 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. We are thrilled to announce our new structure as a dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. | Learn more about Melissa Ava Marshall MCIPD's . 77 % of GDP 55 % of global population 66 Offices 17 Countries The History of GLP Frequently Asked Questions Is GLP a private company? All Rights Reserved. Thank you for joining us. The ex-dividend date of this dividend was Tuesday, February 7th. 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. 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. The fund targets logistics sector. This special Bloomberg program highlights the event's biggest interviews and news makers. Copyright 2023 ALM Global, LLC. REGISTRATION STATUS . Purchased by MetLife Investment Management LLC. 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. Looking at our upcoming Investor Relations calendar. The Company focuses on providing logistics real estate investment management solutions. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. 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. 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. 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? Very excited to be on this journey with GCP! Some private fund managers that invest in listed U.S. equities will have to start tracking how they vote U.S. proxies this year. Crow Holdings Capital consists of a cycle-tested team with a long history of investing in its flagship value-add fund series and will provide LPs access to a diversified portfolio of assets across the industrial, multifamily, and specialty sectors.

Boston Celtics Coaches Salaries, Articles G