Japan is becoming more interesting all the time and we continue to increase our presence there. You may also choose the sectors and regions you want to analyse. . As of December 2020, Global Infrastructure Partners had aggregate assets under management of approximately US$75 billion, such investments being concentrated in OECD countries. Industries such as steel, cement, chemicals and others require both renewable generation to lower their carbon footprint and capital to decarbonize their production processes. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. A full explanation of the methodology can be found in both the 2017 report, and the 2018 report update. $53.4bn Assets under management 215 Global staff 240+ Institutional investors AUM as of December 2022, inclusive of subsequent committed capital. A copy of the Annual Report on Form 10-K is available to be viewed or downloaded on the Partnerships website https://ir.globalp.com/financials/sec-filings/default.aspx or from the SECs website at www.sec.gov. While to date that capital has been one of our great operating strengths, we sometimes hear that it makes it harder for an investor to value Brookfield, as he or she needs to both put a value on our asset-light business and understand our investments. Download the Report. Contact Information Website www.global-infra.com Year Founded 2006 Investor Status Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. This is a profile preview from the PitchBook Platform. We pursue investment strategies on behalf of like-minded investors, focusing on delivering strong, consistent performance over the long term. Its portfolio consists of about a dozen companies, most of which are located in North America and the UK. Please confirm you would like to remove this article from your saved articles. Forecasts of the investment required to meet the UN Sustainable Development Goals for universal access to electricity, water and sanitation are calculated for low and middle income countries where access is currently less than 100 percent. Formulated and implemented the infrastructure strategy for video conferencing, streaming media and audio conferencing platforms, with a focus on futuristic technologies like SVC and HEVC (H.265) In fact, by midyear the markets were worried about exactly the opposite! The Company invests in the natural resources infrastructure, water distribution and . Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol GLP. For additional information, visit www.globalp.com. If we can close the gap between share price and intrinsic value, a current stock owner will out-earn the underlying performance of the business. And do not hesitate to contact any of us should you have suggestions, questions, comments or ideas you wish to share. By continuing to browse this site, you agree to this use. %PDF-1.5 The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrowinfrastructure with sustainability at its core. Jan 2011 - Jun 20165 years 6 months. With approximately 1,700 locations primarily in the Northeast, Global Partners is one of the regions largest independent owners, suppliers and operators of gasoline stations and convenience stores. jBz? GIP has 10 offices around the world with major hubs in New York, Stamford, London, Sydney, Hong Kong and Mumbai. GIP works in partnership with the public sector and other stakeholders to improve infrastructure for the community by drawing on its global capability and applying industrial best practice to enhance operating efficiency. As we move into 2022, markets are strong, but recent volatility has brought some sanity back to areas of the markets that were overvalued. 501 Boylston Street, 10th Floor Not the case? 2 0 obj 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. This, together with the added benefit of having the longest duration of annuity-like cash flows of any asset manager, means that it could now simply be separated from our capital. 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. Boston, MA 02116, 617-542-5300 British Venture Capital Association (BRVCA), Indian Venture Capital Association (INVCA), Principles for Responsible Investment (PRI), Youre viewing 5 of 104 investments and acquisitions. 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. 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. To explore Global Infrastructure Partnerss full profile, request access. Dominion Midstream Partners LP (NYSE: DM) is a master limited partnership formed by the investment-grade utility Dominion Resources Inc. to grow a portfolio of natural gas terminaling, processing, storage, transportation, and related assets. All other figures as of February 2023. Bob Callahan joined GIP in 2008, bringing with him over 20 years of operating experience at leading industrial companies. A verification email is on its way to you. Headquartered in New York, GIP operates out of 10 offices: New York, London, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. We are disciplined in acquiring high-quality assets and businesses that we believe can deliver strong performance across market cycles. TotalEnergies and renewable electricityAs part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity. SunPower represents the first investment in distributed energy resources for GIP's leading renewables platform, which includes ownership interests in 18 GW of operating and construction assets and over 120 GW of development pipeline via 9 existing portfolio companies. For enquiries . The scale, capabilities and ambition that both GIP and TotalEnergies bring to this partnership will support our shared vision to build industry-leading utility scale and distributed renewables platforms in the U.S." said Adebayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners. 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. Vice President, Technology Operations & Projects. We continue to grow our Asia Pacific business at a faster pace than any other region. Both transactions are subject to customary conditions, including receipt of requisite regulatory approvals. Today in Australia we have access to global capital, but truly are a local player. 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. A link has been emailed to you - check your inbox. GIP manages approximately US$77 billion for its investors. 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. Bob serves on the Boards of Medallion Midstream LLC, Clearway Energy Group, and Saavi Energia. The funds and investment platforms managed by GIP make equity and debt investments in infrastructure assets and businesses in both OECD and selected emerging market countries, targeting investments in the energy, transport, water / waste and digital infrastructure sectors where GIP possesses deep experience and relationships. This site uses cookies for analytics. Please check your spam or junk folder just in case. Leveraging our operating experience, we invest in key sectors across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance. Win whats next. We remain committed to being a world-class asset manager, and to investing capital for you and the rest of our investment partners in high-quality assets that earn solid cash returns on equity, while emphasizing downside protection for the capital employed. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. Regional and global totals are estimated by scaling up results from the sample of 50 countries included in the study using GDP shares. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in excess of 63,000 people. On top of that, we crystalized a record $1.7 billion of carried interest in 2021. This transaction has further increased our presence in the country and opened up new adjacent opportunities. endobj As a result, this should become a very large business for us. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. (Shair and Partners) Infrastructure Engineering, Building Engineering and Architecture in the Middle East and Africa . It illustrates our priority to accelerate the transformation of the company to become a sustainable and profitable multi-energy company", said Patrick Pouyann, Chairman and CEO of TotalEnergies. 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. 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. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. 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. GIP's Credit business manages over $4 billion across three Funds: GIP Capital Solutions I and GIP Capital Solutions II and GIP Spectrum. NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Global Infrastructure Partners ("GIP . About Global Infrastructure PartnersGIP is a leading independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Get the full list, Morningstar Institutional Equity Research, Co-Founding Partner, Chairman & Chief Executive Officer, Partner, President & Chief Operating Officer, Managing Director & Chief Financial Officer. We expect that the global recovery will be back on track soon, and the level-set of valuations in areas such as China and in technology businesses presents great opportunities. Vice President Mergers & Acquisitions The infrastructure sector sits at a collision point of global disruptions, including shifts in capital availability, evolving social and environmental priorities, and rapid urbanisation. We saw increased activity within our hospitality assets as travel begins to return, a rebound in our retail assets due to higher foot traffic and spend per person, and a rebound in demand for our office properties and multifamily assets. M5C 3H2, Toll-Free:1-800-564-6253 Since then, the markets have come back as investors witnessed the resilience of prime real estateand continue to be attracted to the cash yield it generates in a low interest rate world. The global electricity make-up is currently 25% from renewable sources, and this is set to grow to 50% or more over the next 30 years. Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. x\[S8~G{fUTB=m[53H lbzsd'(I|%;|r?q'wxy2|L$xp4e=es=YR}:q;OhKtnG1?E The firm's first investment was announced in October 2006. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. "I am delighted with this partnership with Global Infrastructure Partners, which is a major player in renewables, particularly in the United States. 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. As you also know, we privatized our real estate business at around 70% of IFRS values in early 2021 and as planned, have now started to monetize some of the assets at premiums to these same IFRS values. Our approach is focused on investing on a value basis. NEW YORK , May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners . 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 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. Our non-traded REIT is now being distributed on four wealth platforms globally, with additional major platforms expected in the coming months. In addition, our asset management business, started only 25 years ago, would not have been mature enough to consider separating it from our capital. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. Doing business as Global Infrastructure Partners (GIP), the company is a private equity firm that makes infrastructure-focused investments in the power and utilities, energy, air transport, water/wastewater, and transportation sectors. Sembcorp to acquire Vector Green Energy from Global Infrastructure Partners for $345m Submitted 22/11/2022 - 11:06am Sembcorp Industries is to acquire Mumbai-based energy producer Vector Green Energy for $345 million from a fund managed by the Indian unit of private equity firm Global Infrastructure Partners, according to a report by Deal . This investment cycle is just getting started, and we see a meaningful opportunity for investment in the years to come. Direct Dial:1-514-982-7555 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. Acting General Counsel, Secretary and If we distributed most of our $50 billion of investment capital to shareholders, we could quickly and easily become asset-light. 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. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Investor Enquiries. Since 2018, the GI Hub has transformed from a start-up entity to a small, strong, and nimble organisation that is a central source of knowledge on leading practice, innovation, and market trends for the infrastructure community as well as being a respected G20 advisor and participant. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. About Global Infrastructure PartnersEstablished in 2006, GIP is one of the world's leading specialist infrastructure investors. Get the full list, Youre viewing 5 of 144 team members. North America:1-866-989-0311 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. Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. Our global equity funds continue the Firms tried and tested approach to investing in core and core-plus infrastructure opportunities. Our global team of experts offers wide specialisation, knowledge and experience. With money available and interest rates low, this is a very constructive environment for good businesses. GIP's fourth equity Fund, GIP IV, completed fund raising in December 2019, raising $22 billion. This should help us achieve strong returns in the future. Preqin forecasts show how different asset classes and markets will grow at different paces. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. We started in South Korea 10 years ago and have one of the strongest client rosters of any foreign manager in the country. "We are extremely pleased to partner with TotalEnergies to continue leading the energy transition in the U.S. We are proud of the growth and accomplishments of the Clearway team since our initial investment in 2018, and we are confident that with TotalEnergies as a partner, Clearway will be able to accelerate the deployment of cost competitive renewable power in the U.S. At the same time, GIP's investment in SunPower is our initial commitment in the distributed generation space, which we believe will provide critical solutions to facilitate the nation's clean energy future. Twitter: @TotalEnergiesLinkedIn:TotalEnergiesFacebook: TotalEnergiesInstagram:TotalEnergiesTwitter: @TotalEnergiesPR, Investor Relations: +33 (0)1 47 44 46 46 l [emailprotected]. Our Strategy Portfolio We raised $71 billion of capital during the year. Our asset management business continues to establish itself as one of the pre-eminent brands globally. If you experience any issues with this process, please contact us for further assistance. This was an almost 50% increase compared with 2020, and all parts of our business contributed to the strong results. Global Infrastructure Partners was established in May 2006. The growth sectors of property have been industrial and life sciences real estate, given e-commerce tailwinds and the biotech revolution taking hold. We focus on value creation and capital preservation, investing in high-quality assets and businesses within our areas of expertise. Global Infrastructure Partners' first fund, GIP I, completed its fund raising in May 2008 with $5.64 billion in investor capital commitments. After submitting your request, you will receive an activation email to the requested email address. "Company Overview of Global Infrastructure Partners", "Edinburgh Airport sold to Global Infrastructure Partners for 807m", "Edinburgh Airport changes hands to Global Infrastructure Partners", "Global Infrastructure Partners raises record $8.25 billion", "BlackRock Goes $3.7 Billion Deeper Into Pipelines and Power", Lower Thames and Medway Passenger Boat Company, Westminster Passenger Services Association, https://en.wikipedia.org/w/index.php?title=Global_Infrastructure_Partners&oldid=1141531664, Financial services companies established in 2006, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 25 February 2023, at 14:57. Technology is affecting all business, as it always has. GIP targets investments in the energy, transport, digital infrastructure, and water/waste sectors in both OECD and select emerging market countries. 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. Global Infrastructure Partners A leading global, independent infrastructure fund manager. The firm seeks to invest in core and core-plus infrastructure opportunities in the energy, transportation, and water and waste sectors. Brookfields investment activities are anchored by a set of core tenets that guide our decision-making and determine how we measure success: OF ASSORTED ASSETS IN CHINA SUCH AS WIND & SOLAR PROJECTS, OF SIGNATURE MIXED-USE SPACE IFC SEOUL, SOUTH KOREA, Evolving to offer the best of both worlds, Operate our business and conduct our relationships with integrity, Attract and retain high-caliber individuals who will grow with us over the long term, Ensure that our people think and act like owners in all their decisions, Treat our investor and shareholder capital like its our own, Embed strong ESG practices throughout our operations to help ensure that our business model is sustainable, Acquire high-quality assets and businesses, Invest on a value basis, with the goal of maximizing return on capital, Enhance the value of investments through our operating expertise, Build sustainable cash flows to provide certainty, reduce risk and lower our cost of capital, Evaluate total return on capital over the long term, Encourage calculated risks, measuring them against potential returns, Sacrifice short-term profit, if necessary, to achieve long-term capital appreciation, Seek profitability rather than growthsize does not necessarily add value. Economies are normalizing as central bank intervention is withdrawn. Based on the comparable multiples of pure-play, asset-light alternative investment managers, the equity value of our separated asset management business (i.e., our Manager) would likely be in the range of $70 billion to $100 billion (circa $45-$60 per share). As a result, we should be able to grow the value of our businesses coming out of this recession, while working towards narrowing the gap between the intrinsic value and the trading price of a Brookfield share. Since early 2021, TotalEnergies has secured a development pipeline of 8 GW onshore renewables and 4 GW offshore wind in the U.S. TotalEnergies will enhance Clearway's growth prospects by providing (i) a right of first offer on its U.S. onshore renewable assets to CWEN, and (ii) access to TotalEnergies' U.S. power marketing capabilities and corporate relationships to optimize and enhance the commercial value of Clearway's development and operating projects. The tone of the real estate markets has improved dramatically since mid-2020. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. Select a sector to view its investment forecasts. Email:bip.enquiries@brookfield.com, Management Information Circular and Proxy, Evolving to offer the best of both worlds. Since joining GIP, he has helped arrange approximately $100 billion of financings for our portfolio companies.