GLP CAPITAL PARTNERS, INC. ( CRD # 304917/SEC#:801-117132 ) GLP CAPITAL PARTNERS LP, GLP CAPITAL PARTNERS, INC. View latest Form ADV filed Part 2 Brochures. As a group, equities analysts expect that Global Partners LP will post 3.2 earnings per share for the current fiscal year. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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 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. GLP Capital Partners has $1.5 billion to spend on North American self-storage properties after holding final closing of its GCP SecureSpace Property Partners fund. Achieved total IT load capacity of ~1,400 MW in China. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. Corporate Finance & Alternative Asset Investment. 617-542-5300 GLP@investorrelations.com Navigating interest rate disruption: How real-time data can facilitate better CRE decisions amid volatility. Shares of NYSE GLP opened at $34.99 on Friday. 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. #GCP #GLP, Very exciting to be managingthis ETF! We continue to manage our balance sheet prudently. Sign in or Register Sign in / Register Database LP search GP search 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. *May exclude premium content GCP is focused on uncovering advantaged opportunities in logistics real. 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 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. Global Partnerss dividend payout ratio is 25.32%. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.51 billion. GLP Capital Partners. This documentary-style series follows investigative journalists as they uncover the truth. Sustainability is a strategic priority across GLPs global business, and we are deeply committed to building a better future for our employees, customers and local communities. REGISTRATION STATUS. 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. Headquarters Location 100 Wilshire Blvd. Sign In Now, Blackstone REIT Keeps Bleeding Despite Infusion of Liquidity. Global Partners undertakes no obligation to revise or update any forward-looking statements. With all of the SEC rule proposals, the expansion of the proxy voting regime flew under the radar a bit. 10x easier to research good investments 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? 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. 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. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. 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. StockNews.com lowered Global Partners from a strong-buy rating to a buy rating in a report on Tuesday. All content is posted anonymously by employees working at GL Capital Partners. 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. All Rights Reserved. Is Global Partners LP (GLP) . The fund focuses on logistics asset class. Gasoline Distribution contributed $588.7 million of product margin for the full year, up $175 million from 2021. 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. For full year 2022, interest expense increased $1.2 million to $81.3 million. To continue reading the Q&A session, please click here. GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.69 . Adjusted EBITDA for the fourth quarter of 2022 was $106.9 million, compared with $66 million for the same period in 2021. Copyright 2023 ALM Global, LLC. Our assumptions and future performance are subject to a wide range of business risks uncertainties and factors, which are described in our filings with the Securities and Exchange Commission, which could cause actual results to differ materially from the Partnership's historical experience and present expectations or projections. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. We continue to have ample excess capacity in our credit facility. The Chicago event on Thursday, March 9th is open to all to support women in the construction and engineering fields! The adviser's REGISTRATION status is listed below. BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. Americold. Several other hedge funds have also made changes to their positions in GLP. GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. Los Angeles-based GCP was established in 2019 by the team that is responsible for the largest private real estate transaction in history. 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. Very nice, congratulations on your and GLP's success, Alan. 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 Now, Greg, Mark and I will be happy to take your questions. On a full year basis, SG&A was up $50.2 million to $263.1 million. 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 Neil Everitt Branded Consumer Products and Services Find Out More Ronald Gidwitz For the full year, DCF was $413.4 million compared with $120.7 million in '21. https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. Some private fund managers that invest in listed U.S. equities will have to start tracking how they vote U.S. proxies this year. View contacts for GLP Capital Partners to access new leads and connect with decision-makers. Today's call is being recorded. GLP is a global company with headquarters in every country in which we operate including Brazil, China, Europe, India, Japan, the US and Vietnam. We believe these assumptions are reasonable given currently available information. GLP's global platform owns and operates assets and businesses in 17 countries including Brazil, China, Europe, India, Japan, the US and Vietnam. Brixmor Property Group. The energy . LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Sean Geary: Good morning. 2023 Could be Year Apartment Owners Compete for Renters, Beyond Population Shifts: Why Multifamilys Outlook Is Good, Cost of Capital Has CRE Projects Mostly Stalled. People and culture are core to GLPs business and its global success. This reflected an increase in activity at our convenience stores in part due to our recent acquisitions. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including regulatory approval. 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. For the full year, adjusted EBITDA was $485.2 million compared with $244.3 million in the same period of 2021. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. GLP Capital Partners has raised $2.3 billion for its logistics property fund, exceeding its goal in a sector that gained strength throughout the pandemic and remains hot. The company announced the . He received his Bachelor of Science in Finance from Indiana University School of Business. Many thanks to Emerge CM. BNP Paribas Arbitrage SA now owns 76,081 shares of the energy companys stock worth $1,788,000 after acquiring an additional 58,550 shares during the last quarter. 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. This is a boost from Global Partnerss previous quarterly dividend of $0.63. Yet, these 10 retail brands prove there are many untapped opportunities in the year ahead. 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. 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. 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. The segment's performance for both periods was driven largely by an increase in bunkering activity. Retailers faced a wide range of challenges in 2022. This is a profile preview from the PitchBook Platform. 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. As an organization, we have a responsibility to act thoughtfully and sustainably for all of our customers, shareholders, employees and communities. 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. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. SEC / JURISDICTION. How long this might continue is impossible to say at the moment. REGISTRATION STATUS . We're excited to share the new GLP Capital Partners (GCP) and GLP structure. This button displays the currently selected search type. The energy company reported $1.54 earnings per share (EPS) for the quarter, beating analysts consensus estimates of $1.40 by $0.14. U.S. Chief Investment Officer at GLP Capital Partners New York, New York, United States. Hear the latest economic, business and market news, as well as global, national, and local news. Ming Mei is co-Founder and CEO of GLP. GLP Capital Partners is the exclusive investment and asset manager of GLP. 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. GLP CAPITAL PARTNERS, INC. - Form ADV RADiENT GLP CAPITAL PARTNERS, INC. CRD No. Selected profiles of other Operating Partners are also shown below. Operator: Good day, everyone, and welcome to the Global Partners . We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. All Rights Reserved. Markets never sleep, and neither does Bloomberg. All Rights Reserved. At over $2.3 billion the fund, GLP . Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business. Now it's my pleasure to turn the call over to our President and Chief Executive Officer, Eric Slifka. GLP Capital Partners CEO Alan Yang and Modlo Logistics Center (GLP) As demand outpaces supply in South Florida's industrial market, GLP Capital . 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 is a global investment manager that focuses on logistics facilities and logistics-related operating companies. #GCP #GLP GLP Capital Partners was founded in 2019 and is based in Santa Monica, California. 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. 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). 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. The fund is based in Santa Monica, California and invests in North America. Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. Caution and uncertainty are the popular themes. Passionate about delivering on HR principles of attracting, developing, and retaining talent. Sovereign Investor Leadership Conference March 2023 Menu 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. 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. During the same quarter in the previous year, the company earned $0.44 earnings per share. 304917 | California | Last Form ADV Filed on 26 Aug 2022 | Registration: SEC Summary Details Identifying Information CRD No. It is the largest fleet management platform in Asia and provides IoT and AI-enabled fleet management and other services to empower logistics companies. GLP Capital Partners Oct 2021 - Present 1 year 5 months. We operate across Asia, Europe, and the Americas. Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. SG&A expenses increased $23 million in the fourth quarter to $80.8 million. Global Partners LP (NYSE: GLP) Q4 2022 Earnings Call Transcript February 27, 2023. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. GLP is dedicated to incubating innovative technologies that enhance our businesses and assets by making them smarter and more efficient, GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. #partnership#privateequity#fundraising. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. Website https://gcp.com/ Industries Financial Services Company size 501-1,000 employees Headquarters Singapore Type. Select Accept to consent or Reject to decline non-essential cookies for this use. 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. 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. AvalonBay Communities. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . Global Partners ( NYSE:GLP - Get Rating) last issued its quarterly earnings data on Monday, February 27th. 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. 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 . 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.
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