Sovereign Investor Leadership Conference March 2023 Menu Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector. 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. 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. GLP Capital Partners (GCP) has raised $2.3bn (1.9bn) for its North American logistics real estate fund. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. Global Partners had a return [] GLP Capital Partners is a global investment manager that focuses on logistics facilities and logistics-related operating companies. 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. 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. For those of you who are participating, we look forward to meeting with you. The increases in the quarter and the full year were in part due to increases in accrued discretionary incentive compensation and wages and benefits. Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. GCP is focused on uncovering advantaged opportunities in logistics real estate, self-storage and related technologies. From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. By Francisco Alvarado. This button displays the currently selected search type. Ming Mei is co-Founder and CEO of GLP. 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 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 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. 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. 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 top 5 finals presented their entries and an awards presentation in November. Global Partners had a net margin of 1.92% and a return on equity of 52.42%. It specializes in acquisitions, development, operations, technology, and e-commerce. 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 Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. GLP's global platform owns and operates assets and businesses in 17 countries including Brazil, China, Europe, India, Japan, the US and Vietnam. GLP Capital Partners. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. GCP is a vertically integrated investment manager with a dedicated focus on logistics, supply chain, and storage real estate. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. "Institutional investment manager" isn't really what it sounds like: the term comes from 13F filings and includes unregistered and/or non-U.S. managers and even some entities that don't consider themselves managers at all -- the terms includes entities that exercise "investment discretion" over U.S.-listed securities and related options and warrants with an aggregate value of at least USD 100 million. This reflected an increase in activity at our convenience stores in part due to our recent acquisitions. 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. Annaly Capital Management. 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 . People and culture are core to GLPs business and its global success. 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. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. Turning to our segment details. 304917 Latest Filing 26 Aug 2022 SEC No. 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. DCF was $57.3 million for the fourth quarter of 2022 compared with $30.5 million in the same period of '21. He received his Bachelor of Science in Finance from Indiana University School of Business. 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. Operator: Good day, everyone, and welcome to the Global Partners Fourth Quarter 2022 Financial Results Conference Call. 13 min read. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. Bitrock Capital is a fintech-focused venture capital firm backed by GLP. Looking at our upcoming Investor Relations calendar. 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. Watch our brand video Several other hedge funds have also made changes to their positions in GLP. This report is available on our website, and I encourage you to review it. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. 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. 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. Turning to our distribution. GLP Capital Partners (GCP) Jan 2022- Present1 year 2 months New York, New York, United States Investments Director of Investments GLP Capital Partners (GCP) Sep 2018- Dec 20213 years 4 months. The distribution was paid on February 14 to unitholders of record as of the close of business on February 8. #partnership#privateequity#fundraising. The adviser's REGISTRATION status is listed below. 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 content is posted anonymously by employees working at GL Capital Partners. GDSO product margin was up $46.1 million in the quarter to $223.2 million. Looking at the Wholesale segment for the fourth quarter of 2022, product margin increased $38.1 million to $70.7 million. 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. 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. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . He is also an investor and board member of Value Retail China, a company that specializes in the development and operation of luxury outlet shopping villages. Which One is Best? Let me begin by thanking our entire team for the hard work, creativity and grit that contributed to a strong year for Global. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . 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. Copyright 2020 GLP. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. For the full year, Commercial segment product margin increased $25.4 million to $41 million. 10x easier to research good investments 617-542-5300 GLP@investorrelations.com #womeninvesting #womeninfinance #etfs #sustainability #emerge, VP, National Sales - DCIO Resolute Investment Managers, From our American Beacon Advisors sub-advisor TwentyFour Asset Management LLP: Strong performance across markets in January has left some investors feeling theyve missed out on the rally in bonds. Turning to the Commercial segment. Selected profiles of other Operating Partners are also shown below. GLP has announced a substantial plan to enter the Japan data center market, with a target of investing more than $12 billion over the next five years to build out 900 MW of power capacity. 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. Thank you for joining us. GLP has been growing its data centers business since 2018, with a focus on sustainability, safety and the community. 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. 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. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. This is the GL Capital Partners company profile. https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. Consistent with our focus on strategic transactions that strengthen our long-term earnings power, during the year, we closed on over $255 million of retail acquisitions. GLP Capital Partners Inc. (Entity # 20201040294) is a Foreign Corporation in Santa Monica, California registered with the Colorado Department of State (CDOS). This documentary-style series follows investigative journalists as they uncover the truth. To explore GLP Capital Partners IVs full profile, request access. Monoful is the business development arm of GLP Japan. The companies it has invested in include Yimidida, Hive Box, Zongteng Logistics, G7, Inceptio Technology, Trunk, LiBiao Robot, Eastern Airlines Logistics, Wangjiahuan, Ouyeel, etc. 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. Eric Slifka: Thank you, Sean, and good morning, everyone. 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. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. GLP Capital Partners Oct 2021 - Present 1 year 5 months. GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 mois. 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! All Rights Reserved. All Rights Reserved. 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. 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. 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 segment's performance for both periods was driven largely by an increase in bunkering activity. 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. 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. Managing Director, Head of Global Investor Relations at GLP Capital Partners (GCP). 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.