global infrastructure partners annual report
Global:1-416-363-9491. Click here to register, Not for publication, email or dissemination, CapitaLand Investments China data centre fund reaches S$530m close, IIs Fund Formation League Table reveals infras top law firms, IRA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. We are at the start of a new era with a market leading fund and strategy that we believe will be very attractive for investment over a long period of time. GIP targets investments in the energy, transport, digital infrastructure, and water/waste sectors in both OECD and select emerging market countries. WALTHAM, Mass.--(BUSINESS WIRE)-- Jan 2011 - Jun 20165 years 6 months. We started with an experienced fundraising team, and are now building solar projects and industrial logistics real estate. In addition, as our reinsurance and investment operations grow, separating a part of the Manager might make sense in order to allow investors who only want exposure to the Manager, to own a separate security. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. GIP's Credit business manages over $4 billion across three Funds: GIP Capital Solutions I and GIP Capital Solutions II and GIP Spectrum. In January 2019, Stonepeak realized its investment in Dominion. About Global Infrastructure PartnersGIP is a leading independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. GIPs in-depth knowledge of our target industries helps to improve our ability to originate proprietary transactions, conduct deep and extensive due diligence, structure and close investments, employ best practice operating management, effectively manage stakeholder relationships and identify exit opportunities. At Global Partners LP, we promise to treat your data with respect and will not share your information with any third party. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol GLP. For additional information, visit www.globalp.com. 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. If we distributed most of our $50 billion of investment capital to shareholders, we could quickly and easily become asset-light. A link has been emailed to you - check your inbox. You can explore the implications of alternative GDP growth rates for infrastructure investment needs, and meeting the United Nations Sustainable Development Goals for universal access to electricity and water for investment need. We pursue investment strategies on behalf of like-minded investors, focusing on delivering strong, consistent performance over the long term. For enquiries . II Debt 30: The largest infra credit GPs raise over $139bn, Best Practice in Infrastructure Asset Management, Managing Risk in Infrastructure Investments, IRA tax credits will usher in a new wave of ESG, Infrastructure Investor Global Summit 2023. 2 0 obj Select a region to view its investment forecasts. It fits perfectly with our strategy to make solar and wind energy one of our main growth drivers along with liquefied natural gas that we have recently reinforced with the launch of Cameron extension. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. [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. . We are focused on funding the transitionacross all 50 shades of green; those that are currently black, brown, dark green, olive, light green and all other shades of greenfrom coal generation all the way to solar generation. This latest round of funds was not only larger, but was raised more quickly than expected. %PDF-1.5 Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. One advantage in that regard is that, despite the good returns over the past 30 years, we still trade at a discount to what we believe our businesses would be valued at if sold. GIP has grown to be one of the worlds largest infrastructure investors and currently manages $87 billion in assets on behalf of its global investor base. (Shair and Partners) Infrastructure Engineering, Building Engineering and Architecture in the Middle East and Africa . We recognize that generating attractive returns often requires seeking out assets, businesses, markets and sectors that are out of favor or experiencing periods of distress. GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. Performance in our asset management business was very strong, resulting in total Distributable Earnings of $6.3 billion for the year. Performance in the stock market was exceptional; a 48% market return (the gain on our stock in 2021) does not happen very often. With the closing of the American National deal expected before the end of the second quarter, our insurance operations will now be heading towards $50 billion of assets. In total as of 2018, its portfolio companies employ approximately 21,000 people. We bought numerous assets at a fraction of their replacement cost, including a grocery anchored retail portfolio in the U.K. that now generates a running cash yield of 18% on our cost basis. The Company invests in the natural resources infrastructure, water distribution and . By continuing to browse this site, you agree to this use. Box 7021 With assets under management at a record-high $582bn, private infrastructure is continuing to grow. Separating a part of our Manager in the public or private market, while ensuring it still benefits from the capital we have at overall Brookfield, could open up growth options to us that do not exist today, as we dislike ever issuing shares at less than what we believe to be at least their full fair value. This is a profile preview from the PitchBook Platform. Private Participation in Infrastructure (PPI) - World Bank Group Performance in our private equity business has been excellent, and the release of pent-up demand and debottlenecking of supply chains should contribute to even stronger results. In undertaking this work Oxford Economics drew on information provided by third parties, upon which Oxford Economics has relied on in good faith. Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. All of this drove very strong financial performance across our operations, underpinning the stable and growing distributions we receive. Acting General Counsel, Secretary and Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, GLOBAL INFRASTRUCTURE PARTNERS ANNOUNCES THE ELECTION OF SIX NEW PARTNERS, GIP and ACTIS ANNOUNCE ACQUISITION OF ATLAS RENEWABLE ENERGY BY GIP. GIP has made two additional notable airport investments: the October 2009 acquisition of Gatwick Airport, the second largest airport in the United Kingdom by passenger traffic, for 1.5 billion from BAA[3][4] and the 2012 acquisition of Edinburgh Airport for 807 million.[5][6]. 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. In India, our 14 years have taught us that if youre careful and patient, you can do extremely well. 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. 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. With an extensive network of terminals, gas stations and retail stations, Global Partners helps people heat their homes, operate their businesses and get where theyre going conveniently and quickly. We are committed to ensuring that the assets and businesses we invest in are set up for long-term success, and we seek to have a positive impact on the environment and the communities in which we operate. We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. We continue to grow our Asia Pacific business at a faster pace than any other region. Vice President, Technology Operations & Projects. 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). Regional and global totals are estimated by scaling up results from the sample of 50 countries included in the study using GDP shares. That is the Transition. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. As a result, this should become a very large business for us. 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 Get the full list, Youre viewing 5 of 42 exits. We have completed numerous real estate transactions, including our extremely successful acquisition and turnaround of IFC Seoul, a 5.5 million square foot signature mixed-use complex. Our initial business in Asia Pacific was in Australia, where today we have $30 billion of assets across our businesses. More recently, we acquired a number of new-build industrial logistics warehouse projects and land for data centers. We are in the final stages of closing our $15 billion Brookfield Global Transition Fund I. (781) 894-8800, Sean T. Geary 617-542-5300 GLP@investorrelations.com In an inflationary environment, backbone real assets, private credit and transition-focused investments are where you want to be invested. This investment cycle is just getting started, and we see a meaningful opportunity for investment in the years to come. https://www.businesswire.com/news/home/20220228005904/en/, Gregory B. Hanson Bob serves on the Boards of Medallion Midstream LLC, Clearway Energy Group, and Saavi Energia. x\[S8~G{fUTB=m[53H lbzsd'(I|%;|r?q'wxy2|L$xp4e=es=YR}:q;OhKtnG1?E For enquiries regarding share transfers, changes of address, dividend cheques and lost share certificates, please contact: Shareholder correspondence should be mailed to: It was updated in 2018 to 56 countries to include, at the time, the 10 African countries participating in the G20 Compact with Africa. Win whats next. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. Such terms are used solely for the sake of convenience for purposes of the present communication. Bengaluru Area, India. The fund became fully invested during 2012. <> 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. After submitting your request, you will receive an activation email to the requested email address. CONTACT INFORMATION. GIP announced the sale of the asset in February 2016 for a significant multiple of its acquisition price. Please check your spam or junk folder just in case. You must click the activation link in order to complete your subscription. In 2021, we generated a record $12.4 billion of total net incomecompared with $707 million in 2020. Investor Enquiries. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. This was an almost 50% increase compared with 2020, and all parts of our business contributed to the strong results. Infrastructure Monitor identifies and analyses global trends in private investment in infrastructure View the 2022 report Better infrastructure in 2023 See how your country can improve policies, institutions, and systems to optimise infrastructure investment. Global Infrastructure Outlook allows you to explore the annual infrastructure trends, needs and gaps up to 2040 for 7 sectors, 56 countries, 5 regions and the world total. Global Infrastructure Outlook - A G20 INITIATIVE 3 countries sectors and regions you want to analyse. Please also choose a country and/or region you want to analyse. Please always remember that compounding reasonable returns over long periods of time is an incredible miracle of finance. The tone of the real estate markets has improved dramatically since mid-2020. Brookfield Asset Management Inc. GIP works in partnership with the public sector and other stakeholders to improve. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. While most property fundamentals were largely unaffected as leases were in place and there were few bankruptcies this down-cycle, leasing and capital markets activities for virtually all assets ground to a halt for a period of time. But for new investors who do not know us as well, this can be more time-consuming to understand. Further information can be found on GIP's website at www.global-infra.com. The launch of Brookfield Reinsurance has been successful on many fronts. 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. Email:bip.enquiries@brookfield.com, Management Information Circular and Proxy, Evolving to offer the best of both worlds. This will be led by China and India due to their vast populations and need for backbone infrastructureand while this wont be easy because there are many very strong local players, we believe that our access to capital enables us to complete our share of dealssometimes as a great partner to the best-of-the-best locals. 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. However, the emergence of COVID-19 introduces an altogether new set of challenges. In fact, our business has grown faster and become more profitable because of the capital we have to support it. 4`0v P2*Qo 2019. 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. We raised $71 billion of capital across our flagship and complementary strategies, which increased total fee-bearing capital to $364 billion at year-end. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. To explore Global Infrastructure Partnerss full profile, request access. Our renewable power and infrastructure businesses have been resilient over the last two years, delivering consistent, steady growth. It was a 50:50 joint venture between GIP and American International Group (AIG) to acquire London City Airport for an undisclosed sum. Get the full list, Youre viewing 5 of 144 team members. We also hired both an infrastructure and a private equity team and are excited about the opportunities we see in South Korea. GIP Credit targets energy, transport, digital, water/waste and other industries or projects with infrastructure-like characteristics. GIP manages c. US $81 billion for its investors. You can sign up for additional alert options at any time. With money available and interest rates low, this is a very constructive environment for good businesses. Global Infrastructure Partners Venture Capital and Private Equity Principals . Our global equity funds continue the Firms tried and tested approach to investing in core and core-plus infrastructure opportunities. The terms "Company" or "TotalEnergies company" refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Click here. Throughout our operations in more than 30 countries on five continents, we are committed to supporting and enhancing the communities in which we operate. 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. ESG factors are at the core of our approach to investment decision making and asset management, and we are committed to meaningfully helping communities through charitable giving and support. All combined, we have seen significant growth in our asset management earnings, with fee-related earnings growing by 33% in 2021, and we expect to see another step change in 2022. This gives us critical mass and the regulatory licenses to continue assisting our insurance clients in many ways. Global Infrastructure Hub | 15,500 followers on LinkedIn. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. The Global Infrastructure Hub would like to extend our thanks to the peer reviewers from the following organisations who provided a large number of helpful comments and suggestions: Australian Treasury, The Brattle Group, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the University of Cape Town. List, youre viewing 5 of 144 team members of challenges in South Korea 10 years ago and have of. 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