The increases for the quarter and full year of 2022 were primarily driven by our Wholesale and GDSO segments. Current Vacancies - GLP Europe EFFECTIVE DATE; SEC: Angel, Fund of Funds, Venture Capital), General contact email for the organization. About us | GLP Europe | Logistics asset management & property development 801-117132 Form of Organization Corporation Legal Domicile DE, United States Registration SEC View contacts for GLP Capital Partners to access new leads and connect with decision-makers. 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. 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. All Rights Reserved. Your article was successfully shared with the contacts you provided. Gasoline and gasoline blendstock product margin contributed $14 million, down $9.9 million from the same period in 2021. We are thrilled to have learned from the creativity of these bright minds. 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. Working at GL Capital Partners | Glassdoor GDSO product margin was up $46.1 million in the quarter to $223.2 million. 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. Station operations, including station operations product margin, which includes convenience store and prepared food sales, sundries and rental income, rose $9.9 million to $67.2 million from the fourth quarter of 2021. Located in Connecticut, Maine, Massachusetts and New Jersey, the terminals have an aggregate storage capacity of approximately 3.9 million barrels in locations that complement our network by making us more competitive in multiple products over a larger geographic base. Ming Mei is co-Founder and CEO of GLP. GLP Capital Partners | LinkedIn 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). These filings (on Form N-PX) aren't due until 2024, but the first reporting period starts on July 1, 2023. GLP Capital Partners Fund Manager Profile | Preqin 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! Global Partners undertakes no obligation to revise or update any forward-looking statements. 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. GLP Capital Partners. GLP Capital Partners on LinkedIn: GLP Capital Partners announces new 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. Global Partners LP (NYSE:GLP) Q4 2022 Earnings Call Transcript February 27, 2023. The transaction is expected to close in the first half of 2023, subject to customary closing conditions, including regulatory approval. Global Robotics Services We are pleased to provide a new innovative platform for customers constantly seeking to improve the productivity of their logistics . Strategic HR generalist educated to masters level and experienced in supporting commercial businesses by delivering HR processes and tools. 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. 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. Next week, Mark and I will be participating in the JPMorgan 2023 Global High Yield and Leverage Finance Conference. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Partners LP (NYSE:GLP Get Rating). Institutional investors and hedge funds own 28.40% of the companys stock. GLP Capital Partners Oct 2021 - Present 1 year 5 months. Global Partners (NYSE:GLP) Posts Earnings Results, Beats Expectations 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. Globally, CMC ranked 27th with US$19.1B raised between 1 January 2016 and 31 March 2021. BNP Paribas Arbitrage SA increased its position in shares of Global Partners by 334.0% during the second quarter. We now offer renewable products at half of our 22 owned or controlled terminals. 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. At over $2.3 billion the fund, GLP Capital Partners IV, exceeded its parents $2 billion target. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. 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 on LinkedIn: GLP Capital Partners maintains strong fundraising See also 10 Most Promising Psychedelic Stocks and 12 Best Affordable Dividend Stocks to Buy. There are Four Different NOIs in a CRE Deal. https://lnkd.in/gUdmgeGZ #hedgefunds #investmentstrategies, Chair - Global Derivatives Group; Co-Chair Investment Funds Group. The firm owned 11,530 shares of the energy companys stock after selling 2,514 shares during the period. REGISTRATION STATUS. 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 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. He received his Bachelor of Science in Finance from Indiana University School of Business. GLP Capital Partners on LinkedIn: GLP Capital Partners maintains strong In the renewable fuels area, we permitted and completed the installation of customizable biofuel systems at four of our terminals and began biofuel supply projects at two additional facilities. 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. Global Partners had a net margin of 1.92% and a return on equity of 52.42%. 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. GLP Capital Partners LP - Company Profile and News - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively on technology, innovation and. Eric Slifka: Thank you, Greg. GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centers, renewable energy and related technologies. Looking at expenses. GLP Capital Partners (GLP Capital Partners) - Real Estate Company We continue to have ample excess capacity in our credit facility. GLP Capital Partners is a global investment manager with a focus on modern logistics facilities and logistics-related operating companies. Looking at the Wholesale segment for the fourth quarter of 2022, product margin increased $38.1 million to $70.7 million. Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. Some private fund managers that invest in listed U.S. equities will have to start tracking how they vote U.S. proxies this year. All Rights Reserved. Caution and uncertainty are the popular themes.