GLP Capital Partners recognised in eight categories in the 2023 PERE Global Awards, including Global Logistics Investor of the Year
Singapore, 4 March 2024 – GLP Capital Partners (“GCP”), a leading global alternative asset manager with $128 billion in total assets under management (AUM), today announced that it has won eight awards in the 2023 Private Equity Real Estate (“PERE”) Global Awards, including Global Logistics Investor of the Year and Global Data Centers Investor of the Year.
Global Awards
- Logistics Investor of the Year, Global
- Data Centers Investor of the Year, Global
- Proptech Firm of the Year, Global (Hidden Hill Capital)
Asia-Pacific Awards
- Firm of the Year, Asia
- Industry Figure of the Year, Asia (Teresa Zhuge, President of China at GCP)
- ESG Firm of the Year, Asia
- Logistics Investor of the Year, Asia
- Data Centers Investor of the Year, Asia
The following milestones from 2023 contributed to GCP’s recognition across the categories:
- Raised approximately $6 billion of new equity commitments globally across real estate, digital infrastructure, energy transition and private equity strategies.
- Established five new funds in GCP’s China Income Fund series, as well as a RMB 4 billion energy transition fund to invest across wind, solar and energy storage solutions
- Hidden Hill Capital, a GCP-backed private equity manager, closed RMB 8 billion for its second flagship RMB fund and secured a separate account mandate from a leading Asian investor.
- Grew GCP’s core logistics strategies with Japan Income Fund and GLP J-REIT reaching JPY 933 billion of AUM and JPY 1.1 trillion of AUM, respectively.
- Launched Ada Infrastructure, GCP’s in-house global data center operating platform with full design, delivery and operations capabilities. Ada Infrastructure currently has 850 megawatts of secured IT capacity across Japan, the UK and Brazil, and nearly 1.5 gigawatts of total future capacity.
- Completed additional fund closings and opportunistic asset monetizations in Brazil, Europe, India, and the US, including the sale of a nine-asset logistics portfolio from Brazil Income Partners I to a third-party for $150 million
- Improved aggregate GRESB scores year-over-year, with the participation with 19 individual funds across Asia, Europe and the Americas, demonstrating our commitment to sustainability.
“We are excited to embrace another year of success and growth’, said Ming Mei, Founder and CEO of GCP. “These recognitions are both an honour and a testament to the hard work and entrepreneurial nature of our teams. The combination of GCP’s investment and asset management capabilities and GLP’s experience as an operator and business builder leaves us well positioned. We look forward to working alongside our investors, customers and partners to continue to scale our platform and solidify our position as a global leader in logistics, digital infrastructure, energy transition and beyond.”
GCP’s global private equity capital advisory business M3 Capital Partners was named “Capital Advisory Firm of the Year, Asia” and GCP strategic partner IndoSpace was recognized as “Firm of the Year, India”.
PERE is the leading publication for the world’s private real estate markets and its annual awards recognize the industry’s significant achievements through a highly controlled voting process. For more on the 2023 global awards, visit https://www.perenews.com/pere-awards-2023-and-the-winner-is/ .
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Media Contacts
Faye Kwan
GLP Capital Partners
Tel: +65 6933 3608
Email: [email protected]
Angela Campbell-Noë
Teneo
Tel: +65 6222 3765
Email: [email protected]