GLP Capital Partners (“GCP”) recognized at AsianInvestor Asset Management Awards
GCP named Best Alternatives Manager and Hidden Hill Capital named Best Private Equity Manager
SINGAPORE, 4 June 2024 – GLP Capital Partners (“GCP”), a leading global alternative asset manager with $128 billion in total assets under management (“AUM”), today announced a double win at the AsianInvestor Asset Management Awards 2024. GCP was named “Best Alternatives Manager” while Hidden Hill Capital (“Hidden Hill”), a leading pan-Asian private equity manager backed by GCP won “Best Private Equity Manager”.
GCP was recognized for its 2023 investment activities including successfully raising $6 billion across its global fund complex, of which over $3 billion was for China-focused strategies. Key achievements include the launch of its first energy transition fund, significant expansion of its onshore China income fund series as well as the continued growth of its listed REITs in China and Japan. During the period under review, GCP also completed additional fund closings and opportunistic asset monetizations across Brazil, Europe, India, and the US.
In private equity, GCP’s Hidden Hill Capital closed three funds and raised more than $750 million of capital during the year. With a strategic focus on modern logistics, digital supply chains, renewable energy and related technologies, Hidden Hill has established a strong track record of driving new growth and long-term value across its portfolio companies in Asia and currently oversees US$4 billion in assets under management across both RMB and USD strategies.
“We are honored to receive these two awards which are a clear reflection of our market leadership and the talent and commitment of our team. We wish to thank our investors and industry partners for their support and confidence in us. GCP remains committed to its high conviction growth sectors of logistics, digital infrastructure, and energy transition and we look forward to expanding our products and solutions across different geographies to meet our investors’ allocation needs,” said Ming Mei, Founder and CEO of GCP.
Established in 2000, AsianInvestor is a leading business publication covering the asset management industry in Asia. Its annual awards recognize excellence across various categories including asset managers, service providers, funds and strategies. For more on their 2024 awards, visit https://www.asianinvestor.net/category/awards/190
About GLP Capital Partners
GLP Capital Partners (“GCP”) is a leading global alternative asset manager that focuses on thematic investing across real assets and private equity. With $128 billion in total assets under management across 61 funds as of 31 December 2023, GCP has a strong history of leadership in high-growth Asian markets and a track record of success at scale in the US, Europe and Brazil. GCP is the exclusive investment and asset manager of GLP Pte Ltd. To learn more about GCP, visit www.gcp.com.
About Hidden Hill Capital
Established in 2018, Hidden Hill Capital (“Hidden Hill”) is a growth equity manager backed by GLP Capital Partners. It does minority, significant minority, and strategic equity investments in companies in modern logistics services, digital supply chain, renewable energy related technologies and cross-border opportunities across Asia. It has US$4 billion in assets under management across both RMB and USD private equity strategies and named by Private Equity Real Estate as the world’s second largest PropTech manager for three consecutive years from 2021-2023. For more information, visit hiddenhillcap.com.
Media Contacts
Rachel Sin, GLP Capital Partners
Tel: +65 6643 6382
Email: rsin@gcp.com
Angela Campbell-Noë, Teneo
Tel: +65 6222 3765
Email: angela.campbell-noe@teneo.com
Investor Contact
Craig Duffy, GLP Capital Partners
Global Head of Fund Management
Email: cduffy@gcp.com