GLP Establishes Fund Management Board
GLP has established a fund management board composed of senior industry figures – Dr. Seek Ngee Huat, Graeme Eadie and Dr. Richard Levin – as it advances its global strategy in real estate, private equity and infrastructure.
- Helmed by distinguished industry leaders Dr. Seek Ngee Huat, Graeme Eadie and Dr. Richard Levin
- Fund management board enhances GLP’s governance and risk management infrastructure to support continued growth
27 November 2018 – GLP, the leading global provider of modern logistics facilities and technology-led solutions, has established a fund management board composed of senior industry figures, enhancing the Company’s governance and risk management infrastructure as GLP continues to strategically grow its fund management platform.
GLP’s fund management board is chaired by former GLP Chairman Dr. Seek Ngee Huat, who has a distinguished career in the global real estate industry, spanning more than 40 years. Dr. Seek is joined on the fund management board by industry veterans Graeme Eadie and Dr. Richard Levin. Graeme Eadie has decades of experience leading one of the world’s largest real estate and infrastructure asset managers while Dr. Levin, a respected economist, served 20 years as the President of Yale University and oversaw the growth of Yale’s endowment from US$3 billion to US$20 billion.
Ming Mei, Co-Founder and CEO of GLP, said: “I am pleased to announce the formation of our fund management board. The global insights and industry visibility of our directors will provide a valuable business perspective as we advance GLP’s global growth strategy in real estate, private equity and infrastructure to continue creating exceptional value for our investors.”
Dr. Seek Ngee Huat, Chairman of GLP’s fund management board, said: “I am delighted to chair GLP’s fund management board alongside distinguished industry leaders Graeme and Rick. We look forward to offering our experience and expertise to help the Company strategically grow its platform over the long-term.”
Biographies of GLP’s Fund Management Board
- Dr. Seek Ngee Huat is Chairman of GLP’s fund management board. A key figure in the global real estate industry for more than 40 years, Dr. Seek was Chairman of GLP from June 2014 until January 2018, when GLP was privatized in the largest private equity buyout in Asia. Dr. Seek is currently Chairman of the Institute of Real Estate and Urban Studies at the National University of Singapore where he is also Practice Professor of Real Estate. Dr. Seek sits on the Boards of Brookfield Asset Management Inc., Canada, VCredit Holdings Limited, Hong Kong and the Centre for Liveable Cities, Singapore. He is also a Senior Advisor to Frasers Property Limited and the Canada Pension Plan Investment Board. His past appointments include Chairman of ULI Asia Pacific, President of GIC Real Estate Pte Ltd, a Board Director of GIC Pte Ltd and a Senior Partner of Jones Lang Wootton (currently JLL).
- Graeme Eadie is a director of GLP’s fund management board. He is currently a senior advisor to the Canada Pension Plan Investment Board (CPPIB), where he spent 13 years in various senior positions including as Senior Managing Director and Global Head of Real Assets until March 2018. Graeme has had extensive experience in real estate including building the real estate program at CPPIB from inception to over US$42 billion and held senior positions at Cadillac Fairview Corporation Limited, including President and Chief Operating Officer. Graeme is director on the Board of Morguard Corporation and Neiman Marcus Group and is a trustee of Morguard Real Estate Investment Trust and Choice Properties Real Estate Investment Trust.
- Dr. Richard Levin is a director of GLP’s fund management board. Trained as an economist, Rick was President of Yale University from 1993 to 2013. During his tenure, he oversaw the growth of Yale’s endowment from US$3 billion to US$20 billion. Rick currently serves as a Director of American Express and C3 IoT and acts as an advisor to Temasek, TPG and Coursera, where he was previously CEO. He is also a trustee of the William and Flora Hewlett Foundation, one of the United States’ largest philanthropic organizations.
About GLP (www.glprop.com)
GLP is the leading global provider of modern logistics facilities and technology-led solutions, with US$64 billion in assets under management across its real estate and private equity segments. The Company’s real estate fund platform is one of the largest in the world, spanning 73 million square meters (785 million square feet). In 2019, GLP was recognised by Private Equity Real Estate (PERE) as Global Firm of the Year and Logistics Investor of the Year.
Media Contact:
Ambika Goel, CFA
SVP, Capital Markets
Tel: +65 6643 6372
Email: agoel@glprop.com
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