Castlemaine Population 2021, Dock Slip For Sale Deep Creek Lake, John Bell Helium Problem, Articles G

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. Copyright 2020 GLP. Copyright 2020 GLP. 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. 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. With headquarters located around the world, we leverage our global and local market knowledge to create the most value for our investors and customers. AvalonBay Communities. December 08, 2021 05:30 PM. We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. 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. Angel, Fund of Funds, Venture Capital), General contact email for the organization. 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. The fund focuses on logistics asset class. Next week, Mark and I will be participating in the JPMorgan 2023 Global High Yield and Leverage Finance Conference. We now offer renewable products at half of our 22 owned or controlled terminals. Headquarters Location 100 Wilshire Blvd. The companies it has invested in include Linklogis, Sygnum, Fenbeitong, Flowcast, Smart-Insight and more. All Rights Reserved. Select Accept to consent or Reject to decline non-essential cookies for this use. 617-542-5300 GLP@investorrelations.com 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. Catherine is the founder and CEO of Catherine Avery Investment Management and sub-advisor to the Emerge EMPWR Sustainable Dividend Equity ETF. Private Equity | GLP 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. 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. 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. 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. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. 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. Goldman Sachs Group Inc. increased its position in shares of Global Partners by 42.2% during the second quarter. 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. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Partners LP (NYSE:GLP Get Rating). Operator: Good day, everyone, and welcome to the Global Partners Fourth Quarter 2022 Financial Results Conference Call. Cantor Fitzgerald Analysts Decrease Earnings Estimates for Chinook Therapeutics, Inc. 61,368 Shares in Zeta Global Holdings Corp. The fund targets logistics sector. GCP targets $2bn capital raise for new US industrial fund From incubating new businesses to efficiently operating assets, we take a strategic and innovative approach to growth and value creation. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. I manage the legals on acquisitions, dispositions . Brandywine Realty Trust. 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. Thrilled indeed! You can update your choices at any time in your settings. Shares of NYSE GLP opened at $34.99 on Friday. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. Pallas Capital Advisors LLC lifted its stake in shares of Global Partners by 2.7% during the third quarter. Solartility platform leases panels, storage batteries and bi-directional meters. This report is available on our website, and I encourage you to review it. Copyright 2020 GLP. Turning to the Commercial segment. Finally, UBS Group AG increased its holdings in Global Partners by 328.0% in the second quarter. With all of the SEC rule proposals, the expansion of the proxy voting regime flew under the radar a bit. 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. #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. Net income was $57.5 million for the fourth quarter of 2022 compared with $19.3 million for the same period in 2021. He received his Bachelor of Science in Finance from Indiana University School of Business. Hear the latest economic, business and market news, as well as global, national, and local news. How long this might continue is impossible to say at the moment. Director, Deal Advisory, Infrastructure Advisory at KPMG US, I'm excited to announceARCO/Murray's 4th annual Women in Construction event. GLP Capital Partners | LinkedIn GLP Capital Closes $2.3 Billion Logistics Real Estate Fund Gregory Hanson: Thank you, Eric, and good morning, everyone. GLP Capital Partners 2 ans 11 mois Senior Financial Accountant GLP Capital Partners oct. 2021 - aujourd'hui 1 an 6 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. 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. EFFECTIVE DATE; SEC: GLP Capital Partners Closes $2.3B Logistics Fund | GlobeSt Global Partners (NYSE:GLP - Get Rating) posted its earnings results on Monday. 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. GLP was founded by Ming Mei and Jeff Schwartz as a developer and operator of logistics real estatewith operations in Japan and China, Listed on the Singapore Stock Exchange in the largest ever real estate IPO globally, Entered Brazil market as market leader with acquisition of $1.45B platform, Listed $1.3B GLP J-REIT (TSE: 3281) on Tokyo Stock Exchange - the largest real estate IPO in Japan, AUM grows to $11B with launch of first development fund in China and expansion of development vehicle in Japan, Enter the U.S. through the $8B acquisition of IndCorfrom Blackstone and becomes second largest logistics real estate owner in the U.S. within 12 months, Entered Europe market through the $2.8B acquisition of Gazeley and doubled Europe AUM within a year, GLP delists from SGX in $12B transaction, the largest of a listed company in Asia, GLP enters India via strategic partnership with IndoSpace, GLP sells 179M sq ft of U.S. assets to Blackstone for $18.7B, the largest-ever private real estate transaction globally, AUM grows to $89B following announcement of strategic investment partnership with China Merchants Capital, Global business expands to 17countries following acquisition of European portfolioand entry into Vietnam, Private equity business acquiresstake in Li & Fung, GLP C-REIT (508056:CH) is among the first batch of nine C-REITs to be listed in China. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. 10x harder to hold good investments, Managing Director, Head of GC&SEA&Australia, We are thrilled to collaborate with Crow Holdings, a US-based real estate investment manager. Product margin in the fourth quarter increased $5.1 million year-over-year to $9.9 million. GLP Capital Partners raises $2.3bn - PERE GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors - GLP Property Logistics Specialist GLP Plans IPO for Investment Arm - WSJ News Corp is a global, diversified media and information services company focused on creating and distributing authoritative. Tower Research Capital LLC TRC decreased its holdings in shares of Global Partners LP (NYSE:GLP Get Rating) by 17.9% during the 3rd quarter, Holdings Channel.com reports. No need to worry, says Felipe Villarroel. Thank you for joining us. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. Arlington Asset Investment. 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. 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. Get the full list, To view GLP Capital Partners IVs complete team members history, request access, Youre viewing 5 of 428 funds. Strong compliance background with experience in complex investor due diligence and familiar with the FCA handbook. Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. 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. IAPD - Investment Adviser Public Disclosure - Homepage GLP Capital Partners Inc. 100 Wilshire Boulevard, Suite 940, Santa This is a boost from Global Partnerss previous quarterly dividend of $0.63. GCP is focused on uncovering advantaged opportunities in logistics real estate, self-storage and related technologies. Country: United States Sectors: Corporate Finance; Gaming, Lodging, and Leisure 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 with a focus on modern logistics facilities and logistics-related operating companies. The increases were largely associated with our GDSO operations, including our recent acquisitions, reflecting higher credit card fees related to increases in volume and price, higher salary and rent expenses, partially due to greater activity at our stores and increases in our environmental reserve and maintenance and repair expenses. Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. Get the full list, Morningstar Institutional Equity Research, Co-Founder, Chief Executive Officer and Senior Managing Director. Several analysts have weighed in on GLP shares. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. Copyright 2023 ALM Global, LLC. Exclusive discounts on ALM and GlobeSt events. Now it's my pleasure to turn the call over to our President and Chief Executive Officer, Eric Slifka. The JVwill explore a range of opportunities including creating smart energy systems for commercial properties, providing renewable energy to logistics assets and expanding energy storage capabilities for rooftop solar panels and also test the viability of autonomous vehicles in logistics management and transportation to develop green smart supply chain hubs. 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 Chicago event on Thursday, March 9th is open to all to support women in the construction and engineering fields! Global Partners LP has a 1-year low of $20.23 and a 1-year high of $39.24. Bloomberg Daybreak Asia. 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 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. 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. Fuel margins increased $0.07 per gallon to $0.37 from $0.30 per gallon in the fourth quarter of 2021. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . The energy company reported $1.54 EPS for the quarter, topping analysts' consensus estimates of $1.40 by $0.14, MarketWatch Earnings reports. Luxembourg, Luxembourg Financial Accountant GLP Capital Partners mai 2020 - oct. 2021 1 an 6 mois. GLP Capital, L.P. Credit Ratings :: Fitch Ratings GLP Capital Partners LP - Company Profile and News Sovereign Investor Leadership Conference March 2023 Menu Rachel A Walker - General Counsel & Chief Administrative Officer Industrial & commercial warehouses rental | Available properties | GLP Eric Slifka: Thank you, Greg. Win whats next. Our team successfully navigated through these challenges. REGISTRATION STATUS . Global Partners LP (GLP) Q4 2022 Earnings Call Transcript