GLP Capital Partners maintains strong fundraising momentum across strategies in 2022
GLP Capital Partners Limited (“GCP”), a leading global alternative asset manager that focuses on thematic investing across real assets and private equity, today announced that it raised $12.3 billion in equity in 2022 for its real assets and private equity strategies, bringing total assets under management to approximately $125 billion as of year-end. In 2022, GCP established 16 new funds across Asia Pacific, US, and Europe, including its new flagship China value-add fund, its inaugural Hong Kong and Vietnam funds and, at the time of the announcement, the largest US self-storage real estate fund ever raised.
GLP Capital Partners announces new structure as dedicated global alternative asset manager focused on investing in high-growth, new economy sectors
GLP Capital Partners Limited (“GCP”) today announced its new structure as a dedicated global alternative asset manager that invests primarily through real asset and private equity strategies. GCP invests across high conviction and fast-growing new economy sectors such as logistics, data centers, renewable energy and related technologies.
GCTL Accelerates Energy Transformation by Equipping Customers with New Energy Storage Technology
GCTL, a joint venture between GLP and Contemporary Amperex Technology Ltd. (CATL), the world’s leading battery provider and the largest maker of electric vehicle (EV) batteries, has been actively driving development of energy storage infrastructure in industrial and commercial sectors in China.
GLP begins construction of ALFALINK Ibaraki I in Osaka
GLP ALFALINK Ibaraki 1 is the first building of GLP ALFALINK Ibaraki, which will comprise three facilities with a total floor area of ~320,000 sqm when complete, making it the largest logistics development in the Kansai region.
China’s CATL Extends Lead as World’s Top EV Battery Maker
Contemporary Amperex Technology Co. Ltd.’s share of the electric-vehicle battery market continues to grow, according to the latest data from Seoul-based SNE Research, which show the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022. GLP partners with CATL through joint venture GCTL to expand the use of clean energy in logistics and transportation.