Infrastructure Partners Fund I and its affiliated vehicles (collectively, "Fund I") and Global Infrastructure Partners Fund III and its affiliated vehicles (collectively, "Fund III") provided that certain portfolio company fees paid to Global and its affiliates were subject to an offset against fund-level management fees. Explore a country's capability to deliver infrastructure projects. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol GLP. For additional information, visit www.globalp.com. 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. As a result, we embed these principles into all our activitiesincluding our investment processand conduct our business in a sustainable and ethical manner. On top of that, we crystalized a record $1.7 billion of carried interest in 2021. In fact, our business has grown faster and become more profitable because of the capital we have to support it. CONTACT INFORMATION. Prospectus Year Document Access ; 2007: 2007 Prospectus. Performance in the stock market was exceptional; a 48% market return (the gain on our stock in 2021) does not happen very often. The fund became fully invested during 2012. [*8[28Agpn" GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney, with operational headquarters in Stamford, Connecticut. GIP and TotalEnergies are well-positioned to support SunPower management's growth strategy. We raised $71 billion of capital during the year. 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. This fund was raised fasterand is largerthan expected, and we have already started putting the capital to work to help companies decarbonize their operations. Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. This makes us asset-heavy compared with most managers today, which are asset-lightas they were either founded more recently or have distributed their profits annually to their owners. Please always remember that compounding reasonable returns over long periods of time is an incredible miracle of finance. Bob Callahan joined GIP in 2008, bringing with him over 20 years of operating experience at leading industrial companies. We will soon close our $15 billion Global Transition Fund, which we launched a little more than a year ago. 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. Performance in our asset management business was very strong, resulting in total Distributable Earnings of $6.3 billion for the year. Get the full list, Youre viewing 5 of 144 team members. Win whats next. We just committed to buying two life science developersone in the U.S. and one in the U.K., and are building out industrial logistics across the U.S., France, Germany, Italy, Poland, China, Korea, Japan, Brazil and Australia. We also hired both an infrastructure and a private equity team and are excited about the opportunities we see in South Korea. 3 0 obj Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. Leveraging our operating experience, we invest in key sectors across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance. 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. Vice President Mergers & Acquisitions By continuing to browse this site, you agree to this use. In India, our 14 years have taught us that if youre careful and patient, you can do extremely well. After submitting your request, you will receive an activation email to the requested email address. However, the emergence of COVID-19 introduces an altogether new set of challenges. an 'investment need' forecast to demonstrate the investment that would occur if countries were to match the performance of their best performing peers, after controlling for differences in the characteristics of each country. 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. 31 Adelaide St. E 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. 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. Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. We are a premier global alternative asset manager with approximately $690 billion of assets under management. 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. 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. Only logged in subscribers of this site will be able to access the shared article. This major transaction demonstrates the speed and magnitude of our transformation into a multi-energy company and the strength of our commitment to the United States. Jan 2011 - Jun 20165 years 6 months. Global Infrastructure Partners Venture Capital and Private Equity Principals . We also have a number of industrial businesses. Andrew Paulson joined GIP in 2018 with over 20 years of infrastructure financing experience. Learn more about some of the measures we are taking and the positive impact we have made. On this Wikipedia the language links are at the top of the page across from the article title. % The launch of Brookfield Reinsurance has been successful on many fronts. This investment cycle is just getting started, and we see a meaningful opportunity for investment in the years to come. A full explanation of the methodology can be found in both the 2017 report, and the 2018 report update. This should help us achieve strong returns in the future. Lucy Chadwick joined GIP in 2019 with over 30 years of transport industry and government experience. GIP has made a cross section of investments in other areas of the transport sector as well as the natural resource and power generation areas of the energy sector. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources and storage by 2025, and then 100 GW by 2030, with the objective of being among the world's top 5 producers of electricity from wind and solar energy. As a result, this should become a very large business for us. The firm's first investment was announced in October 2006. 2019. What a difference a year can make. 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. 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. These new-build opportunities will provide a steady flow of investment for this Fund, and they have already begun for us with partners including Amazon, Enbridge and Scotiabank. 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. Done Clear countries A G20 INITIATIVE Forecasting infrastructure investment needs and gaps Compare forecasts globally, or across 56 countries & 7 sectors & 5 regions Start now Download full report Sectors Total across all selected sectors Energy 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. 2021 ESG Report. The third type is working with electricity generators, where we will help provide the capital to enable them to shift from coal to gas, and from gas to renewables. While always careful, we believe that our early success can lead to much more. GIP manages approximately US$77 billion for its investors. On a go-forward basis, annualized asset management revenues, including carry, are now running at $7.8 billion, and we are launching new funds across all our strategieswhich means that 2022 is off to a good start. All other figures as of February 2023. GLP@investorrelations.com. Global: 1-416-363-9491. This site uses cookies for analytics. Tel:416-956-5129 from 8 AM - 9 PM ET. Please confirm you would like to remove this article from your saved articles. NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Global Infrastructure Partners ("GIP . www.computershare.com/investor, Managing Partner, Strategic Initiatives %PDF-1.5 At GIP, making a positive contribution to the communities in which we operate is fundamental to our business and companies with which we work. TotalEnergies will acquire half of GIP's interest in Clearway Energy Group (Clearway), a privately held renewable development company that owns a controlling stake with a 42% economic interest in Clearway Energy, Inc. (NYSE: CWEN. They may prove to be inaccurate in the future and are subject to a number of risk factors. Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. Our renewable power and infrastructure businesses have been resilient over the last two years, delivering consistent, steady growth. 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. Global Infrastructure Partners operates as an investment company. Contact Information Website www.global-infra.com Year Founded 2006 Investor Status By providing your email address below, you are providing consent to Global Partners LP to send you the requested Investor Email Alert updates. (a) partner with low- and middle-income countries to finance infrastructure across key sectors that advances the four key priorities critical to sustainable, inclusive growth: climate and energy. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. In January 2019, Stonepeak realized its investment in Dominion. Our real estate secondaries strategy has raised $2 billion of capital, and we are now in the midst of raising our first commingled fund. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in . For many decades our sole focus has been on compounding shareholder capital. https://www.businesswire.com/news/home/20220228005904/en/, Gregory B. Hanson 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. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. Our global equity funds continue the Firms tried and tested approach to investing in core and core-plus infrastructure opportunities. As an example of the transaction markets today and where values have moved in a year, we note the following, which admittedly is a select group, but does represent $10 billion of assets, with a profit of $2 billion generated in the last year. If you experience any issues with this process, please contact us for further assistance. stream Our asset management operations had an excellent year. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Since then, he has been a key member of our Business Improvements Team and has led process improvement efforts and capital efficiency programs at several of GIP's portfolio companies. Annual Report and Financial Statements For the Year Ended 31 October 2019. Compounding reasonable returns over long periods of time is an infrastructure investment Fund making and! The top of the methodology can be found in both the 2017,. 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