GLP Capital Partners acquires M3 Capital Partners’ Advisory business
Acquisition of private equity capital advisory business expands GCP’s global fundraising capabilities
SINGAPORE, 30 March 2023 – GLP Capital Partners (“GCP”), a leading global alternative asset manager that focuses on thematic investing across real assets and private equity, today announced that it has acquired the global private equity capital advisory business of M3 Capital Partners LLC1. The acquired business will continue to operate as M3 Capital Partners (“M3CP”).
M3CP has completed transactions representing over $150 billion of total capitalization since its inception and has unique expertise in creating and scaling specialized fund management businesses across a diverse array of real asset classes and private equity strategies. From offices in Hong Kong, Beijing and London, M3CP will continue to provide strategic capital advisory services to GCP and select other real asset companies and fund managers.
M3CP has advised GCP since its inception on a broad range of fundraising and fund management activities, including new formations and capital raising, strategic acquisitions, joint venture equity strategies and programs while facilitating access to leading global institutional investors. In total, M3CP has supported GCP on transactions representing more than $70 billion of total capitalization, and in raising more than $40 billion of third-party equity from institutional investors.
“This transaction represents a natural next step in our decades-long, successful fund management and fundraising relationship with M3CP” said Alan Yang, CEO of GCP. “M3CP’s reputation, expertise and success in raising capital will enhance our investor relationships and more closely align our capabilities as a dedicated global alternative asset manager with all our stakeholders.”
“We are excited to formally join forces with Alan and his team and contribute to GCP’s continued growth across its core ‘new economy’ sectors in logistics, data centers and renewables,” said Danny Krefman, CEO of M3CP.
The principal investment business of M3 Capital Partners LLC will continue to be conducted through Evergreen Investment Advisors and will be retained by its management team and operated through its offices in Austin, Chicago, London, Luxembourg, and São Paulo.
About GLP Capital Partners
GLP Capital Partners is a leading global alternative asset manager that focuses on thematic investing across real assets and private equity. With approximately $125 billion in total assets under management across 52 funds as of 31 December 2022, GLP Capital Partners has a strong history of leadership in high-growth Asian markets and a track record of success at scale in the US, Brazil and Europe. GLP Capital Partners is the exclusive investment and asset manager of GLP. To learn more about GLP Capital Partners, visit www.gcp.com.
About M3 Capital Partners
M3 Capital Partners (M3CP) is a leading global private equity capital advisory firm with a 30-year track record of creating and scaling specialized fund management businesses across real assets. M3CP advises on investment and private equity fund structures across the risk-return spectrum, from core to opportunistic, and across the capital stack, from equity to credit. M3CP also advises real asset companies and fund managers on strategic decisions, including restructuring, recapitalization and mergers and acquisitions. M3CP is globally recognized and was awarded Capital Advisory Firm of the Year in Asia by PERE in 2018, 2019, 2021 and 2022. To learn more about M3CP, visit www.m3cp.com.
Craig A. Duffy
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1The acquisition of M3CP will occur in phased closings due to certain regulatory conditions, with the Hong Kong and Beijing businesses acquired as of the date of this press release, and the UK advisory business acquired subject to customary condition and approvals.