GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. 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. #etfs #exchangemiami #dividends #Emerge, Meet Catherine Maniscalco Avery. 801-117132 Form of Organization Corporation Legal Domicile DE, United States Registration SEC Bitrock Capital is a fintech-focused venture capital firm backed by GLP. Precision Drilling Co. (NYSE:PDS) Shares Sold by Shell Asset Management Co. In addition to investing and managing third-party capital, we are the exclusive investment and asset manager of GLP. With us from Global Partners are President and Chief Executive Officer, Mr. Eric Slifka; Chief Financial Officer, Mr. Gregory Hanson; Chief Operating Officer, Mr. Mark Romaine; and Chief Legal Officer, Mr. Sean Geary. 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. The value-add fund will invest into the logistics sector. People and culture are core to GLPs business and its global success. 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. Pacific Biosciences of California, Inc. (NASDAQ:PACB) Shares Sold by Shell Asset Management Co. Algoma Steel Group Inc. (NASDAQ:ASTL) Shares Sold by Shell Asset Management Co. New Gold Inc. (NYSEAMERICAN:NGD) Shares Sold by Shell Asset Management Co. GLP Capital Partners, a global alternative asset manager with approximately $125 billion in. Exclusive discounts on ALM and GlobeSt events. Next week, Mark and I will be participating in the JPMorgan 2023 Global High Yield and Leverage Finance Conference. 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. We're excited to share the new GLP Capital Partners (GCP) and GLP structure. The fund is based in Santa Monica, California and invests in North America. The company was formerly listed on SGX-ST between 2010 to 2018. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. Los Angeles, CA Prologis 3 years 7 months Investment Director Prologis Nov 2020 - Oct . Director, Deal Advisory, Infrastructure Advisory at KPMG US, I'm excited to announceARCO/Murray's 4th annual Women in Construction event. This consists of $153.4 million under our $1.1 billion working capital revolving credit facility and $99 million under our $450 million revolving credit facility at 12/31/22. Our sites are strategically located along the "dorsale" logistics corridor and offer customers access to United Kingdom's biggest population centers and sea ports. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including regulatory approval. To continue reading the Q&A session, please click here. Want to see what other hedge funds are holding GLP? We have a great lineup of panelists who will share the knowledge they've gained throughout their careers. 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. SG&A expenses increased $23 million in the fourth quarter to $80.8 million. Stockholders of record on Wednesday, February 8th were issued a $1.572 dividend. Global Partners had a return [] 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. 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. The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. Tower Research Capital LLC TRCs holdings in Global Partners were worth $285,000 at the end of the most recent quarter. GLP Capital Partners Inc. (Entity # 20201040294) is a Foreign Corporation in Santa Monica, California registered with the Colorado Department of State (CDOS). The Los Angeles-based manager said the GLP Capital Partners IV fund exceeded its $2bn targetat final close. Sovereign Investor Leadership Conference March 2023 Menu 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. 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. 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. Los Angeles City Employees' Retirement System, Youre viewing 5 of 6 limited partners. 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 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. Ming Mei is co-Founder and CEO of GLP. 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. Global Partners LP has a 1-year low of $20.23 and a 1-year high of $39.24. Catherine is a highly experienced active portfolio manager with a career spanning more than 25 years. GLP was founded in 2009 as a specialist logistics real estate owner, developer and operator. 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. 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. We believe in empowering people to be entrepreneurial, growth-focused and passionate about being the best. SEC / JURISDICTION. Our partner China Merchants Capital (CMC) ranked No.1 in Asia among the Private Equity International's (PEI) top 300 list. Product margin from crude oil was negative $2.7 million for the fourth quarter, down $0.5 million from a year earlier. Global Partners LP has a 52-week low of $20.23 and a 52-week high of $39.24. This is a profile preview from the PitchBook Platform. 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. This represents a $6.29 annualized dividend and a dividend yield of 17.97%. Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. For full year 2023, we expect maintenance capital expenditures in the range of $50 million to $60 million; and expansion capital expenditures, excluding acquisitions, in the range of $55 to $65 million, relating primarily to investments in our gasoline station business. All rights reserved. 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. GLP Capital Partners LP (GLP Capital Partners) is a Real Estate Company located in Santa Monica, CA United States, North America. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. The fund was oversubscribed at its hard-cap at $1.5 billion, thus making it the the largest self-storage vehicle ever raised. All Rights Reserved. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. 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. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . GLP is the largest shareholder of GLP Capital Partners. Operating Partners Bespoke has over 75 Operating Partners who support the firm by assisting with opportunity identification, due diligence, building a value creation plan and investment oversight. For the full year, DCF was $413.4 million compared with $120.7 million in '21. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. We are committed to a broad range of ESG initiatives that elevate our business, create value for our stakeholders, support our employees and show respect to our local communities. 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). 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. 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! Download this whitepaper to learn which top retail CRE brands are poised for big things in 2023. #1400 Country: United States Sectors: Corporate Finance; Gaming, Lodging, and Leisure 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. Today's call is being recorded. Contacts Dafna Tapiero dtapiero@laurelstrategies.com 202-776-7776 GLP. Live market coverage co-anchored from Hong Kong and New York. Cantor Fitzgerald Analysts Decrease Earnings Estimates for Chinook Therapeutics, Inc. 61,368 Shares in Zeta Global Holdings Corp. All Rights Reserved. We also have offices in Singapore and Hong Kong. The top 5 finals presented their entries and an awards presentation in November. GLP Capital Partners' Post GLP Capital Partners 1,707 followers 8h Today, we're excited to announce that we raised $12.3 billion in equity in 2022 across our real asset and private equity. EFFECTIVE DATE; SEC: Yet, these 10 retail brands prove there are many untapped opportunities in the year ahead. GLP Capital Partners Oct 2021 - Present 1 year 5 months. Now it's my pleasure to turn the call over to our President and Chief Executive Officer, Eric Slifka.