glp capital partners

Melissa Ava Marshall MCIPD - European HR & Operations - LinkedIn Why do investors keep destroying wealth? 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. Global Partners LP - Investor Relations Now it's my pleasure to turn the call over to our President and Chief Executive Officer, Eric Slifka. This is the GL Capital Partners company profile. Interest expense was $19.7 million in the fourth quarter in both 2022 and 2021. Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. 801-117132 Form of Organization Corporation Legal Domicile DE, United States Registration SEC Copyright 2020 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). 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. 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. Global Partners LP has a 1-year low of $20.23 and a 1-year high of $39.24. To learn more about GLP Capital Partners, visit www.gcp.com. 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. 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. These statements include projections, expectations and estimates concerning the future financial and operational performance of Global Partners, which are based on assumptions regarding market conditions, demand for liquid energy products and convenience store products, the regulatory and permitting environment, the forward product pricing curve and other factors, which could influence our financial results. 13 min read. While macroeconomic uncertainty remains, we continue to focus on driving returns for unitholders through a combination of organic growth, strategic acquisitions, optimization and innovation. There are Four Different NOIs in a CRE Deal. GLP reorganises global fund management platform to form GLP Capital Partners. 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 Consumers Petroleum acquisition deepened our footprint in the New England region, while the Miller Oil and Tidewater deals expanded our reach into Virginia. 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. Cantor Fitzgerald Analysts Decrease Earnings Estimates for Chinook Therapeutics, Inc. 61,368 Shares in Zeta Global Holdings Corp. Global Partners undertakes no obligation to revise or update any forward-looking statements. At over $2.3 billion the fund, GLP . 12 Best Affordable Dividend Stocks to Buy, Stay Informed: Jerome Powells Policy Report & Important Economic Data, What cautious spending means for the US economy: YF Explains, 3 top tips for investors trying to weather the current economic storm: Strategist, UPDATE 1-UK says Ukraine forces under increasingly severe pressure defending Bakhmut, Ukraine Latest: Russian Defense Chief Makes Rare Visit to Troops. Copyright 2020 GLP. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . Caution and uncertainty are the popular themes. GLP Capital Partners raises $2.3bn - PERE The top 5 finals presented their entries and an awards presentation in November. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. We also have offices in Singapore and Hong Kong. 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, INC. - Form ADV RADiENT GLP CAPITAL PARTNERS, INC. CRD No. Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. 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. 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. Strategic Partners | GLP Chief Operating Officer - GLP Capital Partners (GCP) - LinkedIn #ABS #CLOs #HighYield, Principal and Director of Research at Buckingham Family of Financial Services, IMO the greatest anomaly in finance is despite horrific performance hedge fund assets have grown about 15x over past 30 years. As General Counsel & Chief Administrative Officer I sit on the GLP Europe management team and am responsible for all legal, compliance, regulatory, risk management and governance matters in Europe, as well as Marketing & Communications. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . GLP Capital Closes $2.3 Billion Logistics Real Estate Fund 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. 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.. It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. How is GLP related to GLP Capital Partners? BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. We operate across Asia, Europe, and the Americas. GLP on LinkedIn: GLP Capital Partners maintains strong fundraising Global Partners LP (NYSE: GLP) Q4 2022 Earnings Call Transcript February 27, 2023. The value-add fund will invest into the logistics sector. Copyright 2020 GLP. Gregory Hanson: Thank you, Eric, and good morning, everyone. Founded as a logistics real estate owner, developer and operator, GLP revolutionized the modern logistics industry by taking an innovative and entrepreneurial approach. Today's call is being recorded. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT SG&A expenses increased $23 million in the fourth quarter to $80.8 million. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. Private Capital Chugged Along Better Than Institutional Money Last Year, A Closer Look at H2s Investment Sales Drubbing, Calgary Startup Offers Wholesale Renewable Power to Homeowners, Unlimited access to GlobeSt and other free ALM publications, Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications, 1 free article* every 30 days across the ALM subscription network, Exclusive discounts on ALM events and publications. GLP Capital Partners raises $2.3bn for North American logistics fund Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. People and culture are core to GLPs business and its global success. 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. Copyright 2020 GLP. 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. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. Los Angeles-based GCP was established in 2019 by the team that is responsible for the largest private real estate transaction in history. The retail fuel M&A pipeline remains very active and we continue to evaluate potential opportunities that align with our financial and operating objectives. 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. 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. For full year 2022, interest expense increased $1.2 million to $81.3 million. GLP Capital Buys Pepsi's Doral Plant from Terra, Terranova 10x easier to research good investments Boardwalk Real Estate Investment Trust. GLP Capital Partners - Crunchbase Investor Profile & Investments GLP Capital Partners is the exclusive investment and asset manager of GLP. Partner at Holland & Knight LLP - West Coast Real Estate Deputy Practice Group Leader. This is a profile preview from the PitchBook Platform. As an organization, we have a responsibility to act thoughtfully and sustainably for all of our customers, shareholders, employees and communities. Brandywine Realty Trust. GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. Global Partners LP (GLP) Stock Price, News, Quote & History - Yahoo! 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. The adviser's REGISTRATION status is listed below. 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. Current Vacancies - GLP Europe GLP Capital Partners LP - Company Profile and News Adam Berns - Chief Investment Officer, U.S. - GLP Capital Partners Ming co-founded Eastern Bell Venture Capital and sits on various public and private boards. GCP is focused on uncovering advantaged opportunities in logistics real. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. Full year 2022 net income increased to $362.2 million from $60.8 million in the prior year. Under his leadership and vision, GLP revolutionized the modern logistics industry by taking an innovative and entrepreneurial approach to growth and value creation and has since expanded into adjacent sectors and new markets. Very excited to be on this journey with GCP! 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. Strategic Partners 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. #1400 On the EV front, our sustainability group welcomed and electric innovation strategist to evaluate, educate and guide our strategy in the electric space, including electric vehicle and charger market. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. G7 is a technology company backed by GLP. An investor who invested $10,000 in Warren Buffett's hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees . Director, Deal Advisory, Infrastructure Advisory at KPMG US, I'm excited to announceARCO/Murray's 4th annual Women in Construction event. Overnight on Wall Street is daytime in Asia. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Over the years, we have formed multiple partnerships with organizations around the globe to expand our capabilities in logistics, real estate, infrastructure, solar energy, finance, private equity, technology and more. Stifel Nicolaus raised Global Partners from a hold rating to a buy rating in a research note on Monday, November 7th. #partnership#privateequity#fundraising. GLP Capital, L.P. Credit Ratings :: Fitch Ratings 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. Our sites are strategically located along the "dorsale" logistics corridor and offer customers access to United Kingdom's biggest population centers and sea ports. Markets never sleep, and neither does Bloomberg. Our team successfully navigated through these challenges. GLP Capital Partners Closes $2.3B Logistics Fund | GlobeSt Bank of America Corp DE increased its position in shares of Global Partners by 20.6% during the first quarter. All Rights Reserved. Select Accept to consent or Reject to decline non-essential cookies for this use. GLP GLP invested in Li & Fung to help execute on its Logistics/Assets-as-a-Service approach, which uses data analytics and technologies to bring value to customers. Glp J-reit Adjusted EBITDA for the fourth quarter of 2022 was $106.9 million, compared with $66 million for the same period in 2021. Building on this objective, this year, we published our inaugural Corporate Social Responsibility Report, which details the progress we have made along that journey. Our new structure puts us in a position to grow GCP into one of the only truly global alternative asset managers with both a leading presence in Asia and a track record of scale and success in the US, Brazil and Europe, said Alan Yang, CEO of GLP Capital Partners. GLP Capital Partners Company Profile | Management and - Datanyze Rachel A Walker - General Counsel & Chief Administrative Officer Crude oil product margin improved to a negative $9.4 million, up $3.4 million from a year earlier. Selected profiles of other Operating Partners are also shown below. Today's call will include forward-looking statements within the meaning of Federal securities laws. Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. Annaly Capital Management. What does this mean for CRE professionals? Learn more in our Cookie Policy. 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. The gasoline distribution contribution to product margin was up $36.2 million to $155.9 million, primarily due to higher fuel margin and an increase in volumes sold, partially due to our recent acquisitions. Global Partners (NYSE:GLP) Posts Earnings Results, Beats Expectations Paul D. - Analyst - GLP Capital Partners | LinkedIn Corporate Finance & Alternative Asset Investment. 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. All rights reserved. Angel, Fund of Funds, Venture Capital), General contact email for the organization. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. 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. We also are focused in investing and partnering with companies where we can play a strategic role in building their business and invest in both established and growth-stage businesses across logistics, real estate, infrastructure, finance and related technologies. The fund targets logistics sector. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. GLP Capital Partners Scores $64M Loan For Doral Project 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. #GCP #GLP, Very exciting to be managingthis ETF! How long this might continue is impossible to say at the moment. 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. 27-Jul-2022 BBB- Review - No Action Long Term Rating Rating History. GLP Capital Partners | LinkedIn Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. This represents a $6.29 annualized dividend and a dividend yield of 17.97%. For companies across our industry and many others, 2022 was a year of significant challenges, including supply chain constraints, steep commodity price volatility, inflation, a tough labor market in the war in Ukraine. 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). #GCP #GLP Luxembourg Alter Domus 2 ans 9 mois .

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