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Laxman Pai, Opalesque Asia: GLP Capital Partners Limited (GCP), a global alternative asset manager with $125 billion AUM, spun off from Singapore-incorporated real estate company GLP and unveiled a new structure as a dedicated alternatives manager focused on 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, according to a press release from the investment adviser.
The release said that GCP was formed when GLP Pte Ltd (GLP) reorganized and transferred its global fund management business to GCP. At the same time, GCP also combined with GLP Capital Partners LP (GLPCP), a US-based investment advisor. These collective transactions resulted in the formation of GCP as a separate entity and a pure-play global alternative asset manager.
Originally launched in 2011 as GLP's fund management business, GCP has a decade-long history of performance, growth, and diversification across products and geographies. The business has increased total AUM at a 26% compound annual growth rate since 2011, to approximately $125 billion today across real assets and private equity and is the largest Asia-based manager of real estate funds and the fourth largest globally.
In addition to investing and managing third-party capital, GCP is the exclusive investment and asset manager of GLP and its balance sheet on a perpetual and discretionary basis, an...................... To view our full article Click here
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