global infrastructure partners annual reportmhairi black partner

Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. In addition to our flagship products, we have 35+ other strategies in the market raising capital. We recently had the final close for our sixth real estate debt fund, raising $4 billionand in just the fourth quarter we raised over $1 billion for our open-end perpetual private infrastructure fund. 4`0v P2*Qo The first is our traditional new-build renewables business. Global Partners LP As we consider these options (including possibly doing nothing), we will report in the quarters/years aheadand will be pleased to hear any views that you have. Click here to register, Not for publication, email or dissemination, CapitaLand Investments China data centre fund reaches S$530m close, IIs Fund Formation League Table reveals infras top law firms, IRA tax credits will usher in a new wave of ESG in America, Europeans American dream prompts DC Advisory to launch US infra team, Celebrating excellence: Infrastructure Investor Annual Awards 2022, First-time fortunes for emerging managers. Our real estate secondaries strategy has raised $2 billion of capital, and we are now in the midst of raising our first commingled fund. It was updated in 2018 to 56 countries to include, at the time, the 10 African countries participating in the G20 Compact with Africa. Cautionary NoteThis press release, from which no legal consequences may be drawn, is for information purposes only. [7] Exceeding what it had initially projected,[8] GIP's third fundGIP IIIcompleted fund raising in January 2017 with approximately $15.8 billion in investor capital commitments. You may also choose the sectors and regions you want to analyse. Learn more about some of the measures we are taking and the positive impact we have made. The full impact of the pandemic will take years to play out. But, as an indication of the returns that can be generated over the longer term, below is our latest tabulation of annualized compound investment returns over the past 30 years. We also have a number of industrial businesses. Cision Distribution 888-776-0942 Vice President Mergers & Acquisitions SDG Disclaimer - Includes the additional investment needed for countries that have not yet met the SDGs. She is Head of GIP's Environmental, Social and Governance Team, leading our efforts to place ESG considerations at the core of our investment processes and working with our portfolio companies to help position them as market leaders in their respective sectors as part of GIP's investment strategy. 2019. In total, our business now accounts for $13 billion of assets across wind and solar projects, distributed electricity generation, office, industrial warehouse, retail and mixed-use projects, multi-family residential, and industrial businesses. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in . View source version on businesswire.com: To be very clear, that excludes the equity capital that we have invested in our businesses, which today is around another $50 billion net (circa $30 per share). The primary objective of the company continues to be to generate increasing cash flows on a per-share basis, and as a result, higher intrinsic value per share over the longer term. This is a profile preview from the PitchBook Platform. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in excess of 63,000 people. We started with an experienced fundraising team, and are now building solar projects and industrial logistics real estate. SunPower is the second largest residential solar company in the U.S., providing customers with fully integrated solar, storage, home energy and financing solutions. Jan 2011 - Jun 20165 years 6 months. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Of course, this is in part because it is coming off a smaller base, but also because our operations there continue to build on their successes. We have only scratched the surface and believe that Japan will become a very meaningful investment market for us. Brookfield Asset Management Inc. Its portfolio consists of about a dozen companies, most of which are located in North America and the UK. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. Today in Australia we have access to global capital, but truly are a local player. But for new investors who do not know us as well, this can be more time-consuming to understand. Vice President, Technology Operations & Projects. With several of our earlier vintage funds having passed their preferred hurdles, we are now realizing carried interest across a variety of strategies, and we expect to continue this momentum into 2022. 4 0 obj %PDF-1.5 Global Infrastructure Management LLC. Our Strategy Portfolio Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. We believe that sound environmental, social and governance (ESG) practices are integral to building resilient businesses and creating long-term value for our investors and other stakeholders. With money available and interest rates low, this is a very constructive environment for good businesses. In fact, by midyear the markets were worried about exactly the opposite! We are often asked if we would prefer to be asset-light or stay asset-heavy. For those not familiar with the nomenclature, in addition to our asset management business we have $50 billion (net of debt) of our own parent company investment capital. Today, with 40 million square feet of IT office park real estate, 150,000 telecom towers, toll roads, pipelines, solar and wind facilities, and an IT outsourcing business, we are a brand name in alternative investments. TotalEnergies and renewable electricityAs part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity. The main goal of our investments is to assist and accelerate the transition to net zero. The areas of the property markets that have exhibited value investment characteristics (primarily office and retail) have been incredible places to acquire assets at a steep discount over the past two years, as there have been very few competitive buyers. As a result, we should be able to grow the value of our businesses coming out of this recession, while working towards narrowing the gap between the intrinsic value and the trading price of a Brookfield share. Key deals include CyrusOne, a global developer and operator . In January 2019, Stonepeak realized its investment in Dominion. Bob Callahan joined GIP in 2008, bringing with him over 20 years of operating experience at leading industrial companies. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. Read our detailed forecasts and analysis in the 2022 Global Alternatives Reports, only on Preqin . To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. View our InfraCompass Resources for sustainable infrastructure Technology is affecting all business, as it always has. EmergentCold LatAm The firm's focus on healthy, sustainable, socially equitable architecture has made it a global leader in areas as diverse as healthcare, science and technology, education, workplace . It illustrates our priority to accelerate the transformation of the company to become a sustainable and profitable multi-energy company", said Patrick Pouyann, Chairman and CEO of TotalEnergies. In addition, these investors understand how and what we invest in, and have been comfortable with us making investment decisions with the capital. (781) 894-8800, Sean T. Geary Furthermore, KKR has deployed $11 billion in infrastructure investment in the past 12 months. Sharon Merrill Associates, Inc. We intend to invest significant capital in these opportunities and bring our operating capabilities to bear, but always where we can be part of the solution, not part of the problem. Chief Financial Officer endobj Such terms are used solely for the sake of convenience for purposes of the present communication. NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Global Infrastructure Partners ("GIP . Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. NEW YORK, May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners (GIP) and TotalEnergies have formed a strategic partnership to advance their commitment to the U.S. renewable energy sector. This, together with the added benefit of having the longest duration of annuity-like cash flows of any asset manager, means that it could now simply be separated from our capital. The World Economic Forum's Global Future Council on Infrastructure is meeting this year to discuss and develop new tools to help attract investment and to bring innovation into infrastructure development GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. We expect these opportunities to fit into three categories. Please check your spam or junk folder just in case. Click here. Our global equity funds continue the Firms tried and tested approach to investing in core and core-plus infrastructure opportunities. By providing your email address below, you are providing consent to Global Partners LP to send you the requested Investor Email Alert updates. We also hired both an infrastructure and a private equity team and are excited about the opportunities we see in South Korea. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Andrew Paulson joined GIP in 2018 with over 20 years of infrastructure financing experience. Irrespective of global macro issues, which always arise, we own an incredible portfolio of real assets and businesses which provide both strong cash flow and inflation protection. Since early 2021, TotalEnergies has secured a development pipeline of 8 GW onshore renewables and 4 GW offshore wind in the U.S. TotalEnergies will enhance Clearway's growth prospects by providing (i) a right of first offer on its U.S. onshore renewable assets to CWEN, and (ii) access to TotalEnergies' U.S. power marketing capabilities and corporate relationships to optimize and enhance the commercial value of Clearway's development and operating projects. With assets under management at a record-high $582bn, private infrastructure is continuing to grow. The winners in categories such as firm and fundraise of the year, as well as sectors like digital infrastructure and transport. About TotalEnergiesTotalEnergies is a global multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Performance in our asset management business was very strong, resulting in total Distributable Earnings of $6.3 billion for the year. For all Brookfield Infrastructure Corporation investor enquiries, please call our shareholder enquiries line: bip.enquiries@brookfield.com Since 2018, the GI Hub has transformed from a start-up entity to a small, strong, and nimble organisation that is a central source of knowledge on leading practice, innovation, and market trends for the infrastructure community as well as being a respected G20 advisor and participant. Box 9161, Waltham, MA 02454-9161 | 781-894-8800 , Global Partners LP Files 2021 Annual Report on Form 10-K, https://ir.globalp.com/financials/sec-filings/default.aspx, https://www.businesswire.com/news/home/20220228005904/en/. In undertaking this work Oxford Economics drew on information provided by third parties, upon which Oxford Economics has relied on in good faith. For more information, visit www.global-infra.com. <>>> Performance in the stock market was exceptional; a 48% market return (the gain on our stock in 2021) does not happen very often. Transfer Agent. With a 100+ year heritage as an owner and operator, we focus on investing in assets and businesses that help form the backbone of the global economy. We continue to grow our Asia Pacific business at a faster pace than any other region. NEW YORK, Jan. 26, 2022 /PRNewswire/ --Global Infrastructure Partners ("GIP"), a leading independent global infrastructure investor, today announced that Bob Callahan, Lucy Chadwick, and Andrew Paulson have been elected Partners of the Firm, effective January 1, 2022. A hard copy of the Partnerships complete audited financial statements also can be obtained free of charge by contacting the Global Partners Investor Relations department at (857) 383-2409 or emailing GLP@investorrelations.com. We target infrastructure businesses and assets in energy, transportation, digital, water and waste sectors where we believe our expertise and relationships provide a competitive advantage. We raised $71 billion of capital across our flagship and complementary strategies, which increased total fee-bearing capital to $364 billion at year-end. More recently, we acquired a number of new-build industrial logistics warehouse projects and land for data centers. (Shair and Partners) Infrastructure Engineering, Building Engineering and Architecture in the Middle East and Africa . This should help us achieve strong returns in the future. The companies in GIPs equity portfolios have combined annual revenues greater than $80 billion and employ approximately 100,000 people. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. This latest round of funds was not only larger, but was raised more quickly than expected. Its growth path on its own is very compelling, as many of our strategies are still getting larger with each vintage and are compounding on each other. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. It allows TotalEnergies to scale up in the U.S. market, one of the most dynamic in the world, benefiting from operating assets, a 22 GW high quality portfolio, with a wide geographic coverage with a presence in 34 states. We are a premier global alternative asset manager with approximately $690 billion of assets under management. Global Infrastructure Partners' first fund, GIP I, completed its fund raising in May 2008 with $5.64 billion in investor capital commitments. We have begun to see great progress in China following the build out of our business over the years, the current lack of capital for entrepreneurs in China, and a strategic decision to have a regional office on the ground in Shanghai. Select a sector to view its investment forecasts. Today, this portfolio could likely be sold for double our purchase price. Our goal is to deliver strong long-term returns and provide downside protection for our investorsincluding pension plans, endowments, foundations, sovereign wealth funds, financial institutions, insurance companies and individual investors. At Global Partners LP, we promise to treat your data with respect and will not share your information with any third party. Our asset management business is now one of the largest and fastest-growing scale alternative investment businesses globally. That is the Transition. Forecasts of the investment required to meet the UN Sustainable Development Goals for universal access to electricity, water and sanitation are calculated for low and middle income countries where access is currently less than 100 percent. Brookfields investment activities are anchored by a set of core tenets that guide our decision-making and determine how we measure success: OF ASSORTED ASSETS IN CHINA SUCH AS WIND & SOLAR PROJECTS, OF SIGNATURE MIXED-USE SPACE IFC SEOUL, SOUTH KOREA, Evolving to offer the best of both worlds, Operate our business and conduct our relationships with integrity, Attract and retain high-caliber individuals who will grow with us over the long term, Ensure that our people think and act like owners in all their decisions, Treat our investor and shareholder capital like its our own, Embed strong ESG practices throughout our operations to help ensure that our business model is sustainable, Acquire high-quality assets and businesses, Invest on a value basis, with the goal of maximizing return on capital, Enhance the value of investments through our operating expertise, Build sustainable cash flows to provide certainty, reduce risk and lower our cost of capital, Evaluate total return on capital over the long term, Encourage calculated risks, measuring them against potential returns, Sacrifice short-term profit, if necessary, to achieve long-term capital appreciation, Seek profitability rather than growthsize does not necessarily add value. CWEN.A). This capital is the result of both the retention of profits and growth in asset values over the decades. We believe that the local presence and technology prowess of Sequoia, and our experience in property and infrastructure, will create a powerful combination for Chinese entrepreneurs as they build out their operations. Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. With a 100+ year heritage as an owner and operator, we focus on investing in assets and businesses that help form the backbone of the global economy. WALTHAM, Mass.--(BUSINESS WIRE)-- You should only be asked to sign in once. As a result, this should become a very large business for us. You can sign up for additional alert options at any time. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. This information is available in the PitchBook Platform. The below represents a total dollar gain of $2.0 billion for all of our constituents, or a 47% annualized gain on a gross asset basis over the year (equity returns are far higher). But Global . Our global team of experts offers wide specialisation, knowledge and experience. endobj Choose a region. We held a final close for our growth equity fund for over $500 million and expect to launch the next vintage in the first half of 2022. In consideration, GIP will receive $1.60 billion in cash, plus an approximately 50% interest in the TotalEnergies subsidiary that holds its 51% ownership in SunPower Corporation (NASDAQ: SPWR), a leader in residential solar in the U.S. (with the final amounts subject to purchase price adjustments). In addition, our asset management business, started only 25 years ago, would not have been mature enough to consider separating it from our capital. Sembcorp to acquire Vector Green Energy from Global Infrastructure Partners for $345m Submitted 22/11/2022 - 11:06am Sembcorp Industries is to acquire Mumbai-based energy producer Vector Green Energy for $345 million from a fund managed by the Indian unit of private equity firm Global Infrastructure Partners, according to a report by Deal . Further information can be found on GIP's website at www.global-infra.com. 2007 Annual Report. Get the full list, Youre viewing 5 of 144 team members. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. In total as of 2018, its portfolio companies employ approximately 21,000 people. GDP in every country recovered and the markets quit worrying about deflation or negative interest rates. This was an almost 50% increase compared with 2020, and all parts of our business contributed to the strong results. Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. In India, our 14 years have taught us that if youre careful and patient, you can do extremely well. Get the full list, Youre viewing 5 of 42 exits. Overall performance across our operating businesses continues to strengthen, as we remain well positioned around the economic recovery and own many inflation-linked assets that benefit from economic growth. This fund was raised fasterand is largerthan expected, and we have already started putting the capital to work to help companies decarbonize their operations. We expect that the global recovery will be back on track soon, and the level-set of valuations in areas such as China and in technology businesses presents great opportunities. We raised $71 billion of capital during the year. However, a critical point in this is that everything does not have to become green todayin fact, not everything can be green today. We own utilities, rail, ports, offices, hospitals, nursing homes, data centers, residential and industrial properties, and numerous industrial businesses. We have some great partners in the country and are looking to raise RMB-denominated capital. Only logged in subscribers of this site will be able to access the shared article. This gives us critical mass and the regulatory licenses to continue assisting our insurance clients in many ways. Kkr has deployed $ 11 billion in infrastructure assets worldwide water and waste global infrastructure partners annual report under management a! Your information with any third party the shared article a number of new-build industrial logistics warehouse projects land! Continuing to grow our Asia Pacific business at a faster pace than any other.. In undertaking this work Oxford Economics has relied on in good faith ever global infrastructure partners annual report affordable,,... 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