GLP announced today it has closed GLP China Income Fund VI (“GLP CIF VI”), an onshore income fund with RMB 7.6 billion (~US$1.05 billion) of assets under management (“AUM”). Investors in the fund include leading domestic insurance companies, as well as other existing GLP institutional investment partners.
GLP Announces New Baa2 Credit Rating from Moody’s for its Fund Management and Investment Advisor Business
GLP Pte Ltd. (“GLP”), today announced that Moody’s Investors Services assigned a new investment grade credit rating of Baa2 and Stable Outlook to GLP Capital Partners Holding 2 Limited (“GCP”), a global alternative asset manager originally established in 2011 as the fund management and investment advisor of GLP.
GLP Pte Ltd. (“GLP”) announced that the company is enhancing its climate risk assessment during the pre-investment stage based on recommendations by the Taskforce on Climate-related Financial Disclosures (“TCFD”) and adding a new governance policy to strengthen our commitment to manage conflicts of interest.
The final report reflects the most material ESG topics to the business and is built on the back of GLP’s largest data assessment to date which consolidated country and asset level data across geographies.