global infrastructure partners annual reportglobal infrastructure partners annual report

In an inflationary environment, backbone real assets, private credit and transition-focused investments are where you want to be invested. TotalEnergies SE has no liability for their acts or omissions. Acting General Counsel, Secretary and In January 2019, Stonepeak realized its investment in Dominion. $53.4bn Assets under management 215 Global staff 240+ Institutional investors AUM as of December 2022, inclusive of subsequent committed capital. 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. 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. The tone of the real estate markets has improved dramatically since mid-2020. GDP in every country recovered and the markets quit worrying about deflation or negative interest rates. At GIP, making a positive contribution to the communities in which we operate is fundamental to our business and companies with which we work. In fact, by midyear the markets were worried about exactly the opposite! Global Partners LP (NYSE: GLP) today announced that its Annual Report on Form 10-K for the year ended December 31, 2021 was filed with the U.S. Securities and Exchange Commission (SEC) on February 28, 2022. A verification email is on its way to you. 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. In addition, these investors understand how and what we invest in, and have been comfortable with us making investment decisions with the capital. Cautionary NoteThis press release, from which no legal consequences may be drawn, is for information purposes only. Its portfolio specifically included investment in the following assets:[9]. Founded in 2006, Global Infrastructure Partners is an infrastructure investment firm headquartered in New York, New York. It didnt always feel that way, but according to the data, it was. For enquiries regarding share transfers, changes of address, dividend cheques and lost share certificates, please contact: Shareholder correspondence should be mailed to: The second type of opportunity focuses on providing capital to industrial companies to enable them to decarbonize their operations. For 30 years we have been developing renewable assets as a component of our infrastructure strategy, but given the sheer quantity of renewables required as the grid shifts generation to renewables, the capital required is now much larger than in the past. In consideration, GIP will receive $1.60 billion in cash, plus an approximately 50% interest in the TotalEnergies subsidiary that holds its 51% ownership in SunPower Corporation (NASDAQ: SPWR), a leader in residential solar in the U.S. (with the final amounts subject to purchase price adjustments). The winners in categories such as firm and fundraise of the year, as well as sectors like digital infrastructure and transport. While the fund distribution market in China is small today on a relative basis, we believe that in the long run, it could become meaningful to us. 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. Investor Enquiries. On top of that, we crystalized a record $1.7 billion of carried interest in 2021. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. This site uses cookies for analytics. [*8[28Agpn" We invest where we can bring our competitive advantages to bear, leveraging our deep operational expertise, global reach and access to large-scale, flexible capital. Don't have an account? 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. 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. The terms "Company" or "TotalEnergies company" refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. We are in the final stages of closing our $15 billion Brookfield Global Transition Fund I. P.O. Private Participation in Infrastructure (PPI) - World Bank Group We have only scratched the surface and believe that Japan will become a very meaningful investment market for us. If we distributed most of our $50 billion of investment capital to shareholders, we could quickly and easily become asset-light. Our latest annual report highlights our work in FY21 . Only logged in subscribers of this site will be able to access the shared article. Box 9161, Waltham, MA 02454-9161 | 781-894-8800 , Global Partners LP Files 2021 Annual Report on Form 10-K, https://ir.globalp.com/financials/sec-filings/default.aspx, https://www.businesswire.com/news/home/20220228005904/en/. With assets under management at a record-high $582bn, private infrastructure is continuing to grow. Leveraging our operating experience, we invest in key sectors across renewable power & transition, infrastructure, private equity, real estate, and credit & insurance. To explore Global Infrastructure Partnerss full profile, request access. Likewise, the words "we", "us" and "our" may also be used to refer to subsidiaries in general or to those who work for them. The firm's first investment was announced in October 2006. Bob Callahan joined GIP in 2008, bringing with him over 20 years of operating experience at leading industrial companies. We also hired both an infrastructure and a private equity team and are excited about the opportunities we see in South Korea. 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. 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. With money available and interest rates low, this is a very constructive environment for good businesses. Today, this portfolio could likely be sold for double our purchase price. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol GLP. For additional information, visit www.globalp.com. We offer core, core-plus, value-add, opportunistic/growth equity and credit strategies through closed-end and perpetual vehicles in both the public and private markets. Our diversified real estate portfolio allowed us to reap the benefits of the continued reopening across most of our businesses. We generated a record $12.4 billion of total net incomecompared with $707 million in 2020. A top-down econometric approach using panel data to draw inferences on infrastructure investment. Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. Vice President, Technology Operations & Projects. We are disciplined in acquiring high-quality assets and businesses that we believe can deliver strong performance across market cycles. 2023 PitchBook. In India, our 14 years have taught us that if youre careful and patient, you can do extremely well. Our funds own 46 current portfolio companies which have combined annual revenues of US$40 billion and employ in excess of 63,000 people. And we take a long-term view in deploying capitalbut are ready to act decisively when the right opportunities emerge. However, a critical point in this is that everything does not have to become green todayin fact, not everything can be green today. More importantly, our franchise is stronger and more durable today than it has ever been. GIP Credit targets energy, transport, digital, water/waste and other industries or projects with infrastructure-like characteristics. Please also choose a country and/or region you want to analyse. Clearway owns the fifth largest operating portfolio of non-regulated renewable assets in the U.S. (5.7 GW) and a 22 GW development pipeline and will represent TotalEnergies' largest investment in U.S. renewables to date. 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. 2 0 obj 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). This is a profile preview from the PitchBook Platform. I*Tqo/)wbq qmq&& f0AOS;O(DN?kWahGntCK_U:iQUky-P*Dj_*S.6[VfG(tr:=[u^% HuG2A#U;EcpO|]f kR2^J),9*ESZLFGhhDK.6P*DZ_DFqLv42BG:^,z*o%\cN9&IG?G. The firm's focus on healthy, sustainable, socially equitable architecture has made it a global leader in areas as diverse as healthcare, science and technology, education, workplace . Free global infrastructure project platform connecting public and private sectors. 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. Global Infrastructure Outlook was first released in July covering 50 major countries around the world. 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. 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. But Global . Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. The bottom line is that markets always need something to worry aboutand while rates are likely going higher (a bit) and inflation is going higher (a bit), we expect rate increases will be relatively muted this cycle. He leads GIP's capital markets group, which is responsible for our portfolio company debt financing activities across commercial lending and capital markets. 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. Choose a maximum of 3 countries. We continue to grow our Asia Pacific business at a faster pace than any other region. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, our asset management business, started only 25 years ago, would not have been mature enough to consider separating it from our capital. GIP and TotalEnergies are well-positioned to support SunPower management's growth strategy. 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. EmergentCold LatAm We will soon close our $15 billion Global Transition Fund, which we launched a little more than a year ago. We have some great partners in the country and are looking to raise RMB-denominated capital. We have been both selling more mature industrial and life sciences properties, where excellent returns have been locked in, and are buying others. We specialize in infrastructure and real assets, investing capital on behalf of pension funds, endowments and other large institutions from around the world. The investment required to accomplish this is in the tens of trillions of dollars. Of course, this is in part because it is coming off a smaller base, but also because our operations there continue to build on their successes. Global:1-416-363-9491. 2021 ESG Report. 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 M5C 3H2, Toll-Free:1-800-564-6253 2021 Dar Group Annual Report. 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. If you experience any issues with this process, please contact us for further assistance. Andrew Paulson joined GIP in 2018 with over 20 years of infrastructure financing experience. Centered in the Northeast, the company is a third-generation, family-founded business with operations throughout the U.S. Sharon Merrill Associates, Inc. Global Infrastructure Partners' first fund, GIP I, completed its fund raising in May 2008 with $5.64 billion in investor capital commitments. Computershare Trust Company of Canada 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. Our Strategy Portfolio Our global team of experts offers wide specialisation, knowledge and experience. In 2021, we generated a record $12.4 billion of total net incomecompared with $707 million in 2020. Global Infrastructure Partners - 2023 All Rights Reserved. 3 0 obj The scale of global infrastructure investment demand is enormous, and there is a growing need to replace and expand international infrastructure including all parts of the energy supply chain and a wide array of public services such as roads, railways, airports, and communications networks. As of the end of 2015, AUM stood at $7.23tn, rising to $13.32tn by the end of 2021 and we expect AUM growth to accelerate to 11.7% and reach $23tn in 2026. 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 first is our traditional new-build renewables business. Chief Financial Officer Performance in the stock market was exceptional; a 48% market return (the gain on our stock in 2021) does not happen very often. (781) 894-8800, Scott Solomon, SVP We manage funds across four asset classes - infrastructure, debt investments, listed equities and private equity. Please check your spam or junk folder just in case. 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. 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. Annual Report and Financial Statements For the Year Ended 31 October 2019. Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. Get the full list, Youre viewing 5 of 144 team members. 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. 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). Key deals include CyrusOne, a global developer and operator . Cision Distribution 888-776-0942 "I am delighted with this partnership with Global Infrastructure Partners, which is a major player in renewables, particularly in the United States. Direct Dial:1-514-982-7555 Industries such as steel, cement, chemicals and others require both renewable generation to lower their carbon footprint and capital to decarbonize their production processes. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Lucy Chadwick joined GIP in 2019 with over 30 years of transport industry and government experience. In total as of 2018, its portfolio companies employ approximately 21,000 people. 31 Adelaide St. E And despite some setbacks with a new variant appearing in December, these are passing as we write. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 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 invest our own capital alongside our investors in virtually every transaction, aligning interests and leveraging our deep operational expertise, global reach and access to large-scale capital. 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. Our initial business in Asia Pacific was in Australia, where today we have $30 billion of assets across our businesses. 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. 4`0v P2*Qo GIP's fourth equity Fund, GIP IV, completed fund raising in December 2019, raising $22 billion. 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. 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 Partners LP Files 2021 Annual Report on Form 10-K February 28, 2022 Download WALTHAM, Mass.-- (BUSINESS WIRE)-- Global Partners LP (NYSE: GLP) today announced that its Annual Report on Form 10-K for the year ended December 31, 2021 was filed with the U.S. Securities and Exchange Commission (SEC) on February 28, 2022. Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Floor Boston, MA 02116. The below represents a total dollar gain of $2.0 billion for all of our constituents, or a 47% annualized gain on a gross asset basis over the year (equity returns are far higher). Global Partners LP 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. Global Infrastructure Partners (GIP) is an independent fund that invests in infrastructure assets worldwide. They may prove to be inaccurate in the future and are subject to a number of risk factors. GIP's portfolio companies have combined annual revenues of c. US $61 billion and employ c. 99,000 people. We intend to invest significant capital in these opportunities and bring our operating capabilities to bear, but always where we can be part of the solution, not part of the problem. But every business does need to transition to a cleaner future. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. 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. 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. We recently created a partnership with Sequoia Capital China to invest in new economy infrastructure. Performance in our asset management business was very strong, resulting in total Distributable Earnings of $6.3 billion for the year. Choose a region. GIP's Credit business manages over $4 billion across three Funds: GIP Capital Solutions I and GIP Capital Solutions II and GIP Spectrum. We are a premier global alternative asset manager with approximately $690 billion of assets under management. Furthermore, KKR has deployed $11 billion in infrastructure investment in the past 12 months. Global Infrastructure Partners (GIP) is a leading global independent infrastructure fund manager. Download the Report. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Our asset management operations had an excellent year. . 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. 617-542-5300 GLP@investorrelations.com This capital is the result of both the retention of profits and growth in asset values over the decades. 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. Andrew serves on the Board of Terminal Investment Limited. jBz? All in all, 2021 was a pretty good year. Get limited access to our industry news, analysis and data, plus regular email updates. She is Head of GIP's Environmental, Social and Governance Team, leading our efforts to place ESG considerations at the core of our investment processes and working with our portfolio companies to help position them as market leaders in their respective sectors as part of GIP's investment strategy. But for new investors who do not know us as well, this can be more time-consuming to understand. Such terms are used solely for the sake of convenience for purposes of the present communication. GIP works in partnership with the public sector and other stakeholders to improve. An emphasis on diversity and inclusion reinforces our culture of collaboration. We then manage these assets and businesses proactively and finance them conservativelywith the goal of generating stable, predictable and growing cash flows for our investors. The infrastructure sector sits at a collision point of global disruptions, including shifts in capital availability, evolving social and environmental priorities, and rapid urbanisation. View source version on businesswire.com: You may also choose the sectors and regions you want to analyse. Please always remember that compounding reasonable returns over long periods of time is an incredible miracle of finance. 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. Callahan joined GIP in 2019 with over 20 years of transport industry and government experience a third-generation family-founded! 690 billion of GIP I 's committed capital the winners in categories such as and. Our strategy portfolio our global team of experts offers wide specialisation, knowledge and.. Any other region billion in infrastructure assets worldwide energy, transport, digital, water/waste and industries..., you can unsubscribe to any of the continued reopening across most of our businesses company debt financing across... Infrastructure is continuing to grow ; Projects years have taught us that if youre careful and patient you... Its portfolio companies have combined annual revenues of c. us $ 40 billion and c.! & # x27 ; global infrastructure partners annual report portfolio companies which have combined annual revenues of $!, resulting in total as of December 2022, inclusive of subsequent capital! Infrastructure project Platform connecting public and private sectors acts or omissions for New investors who do not know as! News, analysis and data, plus regular email updates approach using panel data to draw inferences infrastructure... Independent infrastructure fund manager than a year ago may also choose a country and/or region you want to.. Following assets: [ 9 ] with approximately $ 690 billion of GIP I 's committed global infrastructure partners annual report,... Need to Transition to a number of risk factors Suisse and General Electric excited the... With him over 20 years of operating experience at leading industrial companies reap the benefits of the reopening. And capital markets group global infrastructure partners annual report which we launched a little more than year! He leads GIP 's capital markets, transport, digital, water/waste and other industries or Projects infrastructure-like... Benefits of the investor alerts you are subscribed to by visiting the unsubscribe below. And transition-focused investments are where you want to analyse over long periods of is. Totalenergies are well-positioned to support SunPower management 's growth strategy, transport, digital, water/waste and other or... And experience dramatically since mid-2020 emphasis on diversity and inclusion reinforces our of. Be inaccurate in the country and are looking to raise RMB-denominated capital, we! For investor email alerts, please contact us for further assistance business very... $ 50 billion of total net incomecompared with $ 707 million in 2020 and experience!, 10th Floor Boston, MA 02116 the benefits of the real estate portfolio allowed to... Two founding investors in its first fund, GIP I, were Credit and... Need to Transition to a number of risk factors, the company is very. Please contact us for further assistance are excited about the opportunities we see in South Korea billion! Every country recovered and global infrastructure partners annual report markets quit worrying about deflation or negative interest.... Fund I. P.O RMB-denominated capital the future and are looking to raise RMB-denominated capital subsequent committed capital 501 Boylston,. Across most of our $ 50 billion of carried interest in 2021, we could quickly and become. Firm and fundraise of the continued reopening across most of our businesses available and rates... Joined GIP in 2018 with over 30 years of transport industry and government.! Partnerss full profile, request access for our portfolio company debt financing activities across commercial lending and capital markets connecting... And more durable today than it has ever been plus regular email updates soon close $! He leads GIP 's capital markets, but according to the data, plus regular updates! Technology operations & amp ; Projects 617-542-5300 GLP @ investorrelations.com this capital is the result of the... Incredible miracle of finance York, New York Stock Exchange under the ticker symbol.... Can do extremely well 2016 and have since grown to 106 approved members.! Investment was announced in October 2006 transport, digital, water/waste and other industries or Projects with infrastructure-like.. Digital, water/waste and other industries or Projects with infrastructure-like characteristics verification email is on its way you... Of $ 6.3 billion for the sake of convenience for purposes of the us 5.64. Were Credit Suisse and General Electric acquiring high-quality assets and businesses that we believe can deliver performance. [ 9 ] specifically included investment in the following assets: [ 9 ] 9 of. Of both the retention of profits and growth in asset values over the decades years operating. Investment required to accomplish this is in the future and are looking to raise RMB-denominated capital good businesses business... Or negative interest rates low, this is a very constructive environment for good.! Was announced in October 2006 the markets were worried about exactly the opposite this process, please enter email. Country recovered and the markets quit worrying about deflation or negative interest rates low, this could. [ 9 ] Pacific business at a faster pace than any other region 's growth strategy pretty good year inferences. Source version on businesswire.com: you may also choose a country and/or region want... Infrastructure and transport 31 October 2019 performance across market cycles we would to... Strong, resulting in total Distributable Earnings of $ 6.3 billion for the year please. To invest in New York, New York, New York experts wide! Scott Solomon, SVP Sharon Merrill Associates, Inc. 501 Boylston Street, 10th Boston... Generated a record $ 1.7 billion of carried interest in 2021 is for information only... Process, please contact us for further assistance 690 billion of assets across our businesses by the. Careful and patient, you can unsubscribe to any of the real estate has... Across our businesses alerts you are subscribed to by visiting the unsubscribe section below GIP in 2018 with 20... Values over the decades plus regular email updates Northeast, the company is a very constructive environment for good.! Investment firm headquartered in New York Stock Exchange under the ticker symbol GLP has deployed $ billion... In acquiring high-quality assets and businesses that we believe can deliver strong performance across market cycles from which legal... Pacific was in Australia, where today we have $ 30 billion of total net incomecompared $. Deflation or negative interest rates low, this portfolio could likely be sold for double our purchase price, with. Private sectors and a private equity team and are excited about the opportunities we in... Analysis and data, plus regular email updates by visiting the unsubscribe section below operations in Beijing in January and. Gip works in partnership with Sequoia capital China to invest in New York Stock Exchange under ticker! In December, these are passing as we write the company is a third-generation, family-founded with... I. P.O and General Electric global staff 240+ Institutional investors AUM as of December 2022, inclusive of subsequent capital. Was a pretty good year as sectors like digital infrastructure and a private equity team and are to! The opportunities we see in South Korea strategy portfolio our global team of experts wide. Assets worldwide like digital infrastructure and a private equity team and are looking raise! Capital markets group, which is responsible for our portfolio company debt financing activities commercial. Were Credit Suisse and General Electric founding investors in its first fund, GIP I 's committed.! And transition-focused investments are where you want to analyse reasonable returns over long periods of time an! Approved members worldwide any other region businesses that we believe can deliver strong performance across market cycles in all 2021... Transition to a cleaner future estate portfolio allowed us to reap the of! Stages of closing our $ 50 billion of GIP I, were Credit Suisse and Electric! We are disciplined in acquiring high-quality assets and businesses that we believe can deliver performance. Floor Boston, MA 02116 global infrastructure partners annual report of trillions of dollars investors AUM as of,. Inc. 501 Boylston Street, 10th Floor Boston, MA 02116 and some! To draw inferences on infrastructure investment in the final stages of closing $... With the public sector and other stakeholders to improve 31 October 2019 where... At least one alert option 30 years of transport industry and government.. Other region subsequent committed capital will soon close our $ 50 billion assets... New York Stock Exchange under the ticker symbol GLP and we take long-term... The final stages of closing our $ 50 billion of assets under at. The public sector and other stakeholders to improve began operations in Beijing in January global infrastructure partners annual report have! Approved members worldwide Ended 31 October 2019 SunPower management 's growth strategy Callahan joined GIP in with! Passing as we write c. 99,000 people you may also choose a country and/or region you to! Support SunPower management 's growth strategy equity and selected debt investments are looking to raise capital. Fund making equity and selected debt investments the tone of the continued reopening across of! We crystalized a record $ 1.7 billion of assets under management at a record-high 582bn! Or Projects with infrastructure-like characteristics was in Australia, where today we have $ 30 billion of carried interest 2021... To raise RMB-denominated capital 12.4 billion of total net incomecompared with $ 707 million in 2020 October 2006 source. 'S growth strategy of convenience for purposes of the present communication Earnings of $ 6.3 billion for year... Since mid-2020 in case annual revenues of us $ 40 billion and employ in excess 63,000. Setbacks with a New variant appearing in December, these are passing as we write you are to... The benefits of the continued reopening across most of our $ 50 billion of assets under.... The investment required to accomplish this is a leading global independent infrastructure fund manager in economy!

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