Singapore-Based $80 Billion Investment Manager GLP Plans Hong Kong IPO in 2026 1st Half, Founded in 2009 by Ming Mei & Jeff Schwartz to Develop & Operate Logistics Real Estate in Japan & China, IPO in Singapore in 2010 & Acquired in 2017 for $11.6 Billion (S$16 Billion) by China Investor Group (Include Hillhouse Capital, Hopu Investment, Founder Ming Mei’s SMG, Bank of China Group Investment & China Vanke)
20th December | Hong Kong
Singapore-based $80 billion investment manager GLP is reported to be planning for a Hong Kong IPO in 2026 1st half. GLP was founded in 2009 by Ming Mei & Jeff Schwartz to develop & operate logistics real estate in Japan & China. GLP previously IPO in Singapore in 2010, and was acquired in 2017 for $11.6 billion (S$16 billion) by China investor group (Include Hillhouse Capital, Hopu Investment, Founder Ming Mei’s SMG, Bank of China Group Investment & China Vanke). In 2025 September, GLP raised $280 million (CNY 2 billion) for GLP China Income Fund XIV in partnership with an institutional investor & seeded by 5 GLP income-generating logistics & business park assets. Announcement (15/9/25): “GLP Pte Ltd (“GLP” and with its subsidiaries the “Group”), a leading global thematic business builder, investor and investment manager, today announced the close of GLP China Income Fund XIV (“CIF XIV”) with nearly RMB 2 billion of assets under management in partnership with a leading global institutional investor. The onshore RMB fund is seeded with five stabilized income-generating logistics and industrial assets from GLP’s balance sheet and serve domestic consumption focused customers in third-party logistics, e-commerce, automobile-related industries. GLP’s ability to attract high quality institutional capital remains strong, exemplified by recently announced strategic investments from Abu Dhabi Investment Authority and Zhejiang government-backed investors. This underscores sustained investor confidence in GLP’s platform and growth profile. Collectively, GLP oversees approximately $80 billion of assets under management across real asset and private equity strategies for a global and diversified investor base, including some of the world’s leading asset allocators.” In 2025 September, UAE $1 trillion sovereign wealth fund Abu Dhabi Investment Authority (ADIA) announced to invest up to $1.5 billion in Singapore-based $80 billion investment manager GLP to accelerate GLP growth in logistics, digital infrastructure & renewable energy. GLP – GLP is a leading global investor, thematic business builder and investment manager, focused on creating scaled platforms within its core sectors of logistics, digital infrastructure and renewable energy. The Group, through its asset management arm GLP Capital Partners, manages approximately US$80 billion of assets under management as of 30 June 2025 and has a proven track record of incubating and scaling platforms across markets and strategies through development, strategic M&A and partnerships.
“ Singapore-Based $80 Billion Investment Manager GLP Plans Hong Kong IPO in 2026 1st Half, Founded in 2009 by Ming Mei & Jeff Schwartz to Develop & Operate Logistics Real Estate in Japan & China, IPO in Singapore in 2010 & Acquired in 2017 for $11.6 Billion (S$16 Billion) by China Investor Group (Include Hillhouse Capital, Hopu Investment, Founder Ming Mei’s SMG, Bank of China Group Investment & China Vanke) “
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Singapore-Based $80 Billion Investment Manager GLP Raised $280 Million (CNY 2 Billion) for GLP China Income Fund XIV in Partnership with Institutional Investor & Seeded by 5 GLP Income-Generating Logistics & Business Park Assets, Founded in 2009 by Ming Mei & Jeff Schwartz to Develop & Operate Logistics Real Estate in Japan & China
16th September – Singapore-based $80 billion investment manager GLP has raised $280 million (CNY 2 billion) for GLP China Income Fund XIV in partnership with an institutional investor & seeded by 5 GLP income-generating logistics & business park assets. Announcement (15/9/25): “GLP Pte Ltd (“GLP” and with its subsidiaries the “Group”), a leading global thematic business builder, investor and investment manager, today announced the close of GLP China Income Fund XIV (“CIF XIV”) with nearly RMB 2 billion of assets under management in partnership with a leading global institutional investor. The onshore RMB fund is seeded with five stabilized income-generating logistics and industrial assets from GLP’s balance sheet and serve domestic consumption focused customers in third-party logistics, e-commerce, automobile-related industries. GLP’s ability to attract high quality institutional capital remains strong, exemplified by recently announced strategic investments from Abu Dhabi Investment Authority and Zhejiang government-backed investors. This underscores sustained investor confidence in GLP’s platform and growth profile. Collectively, GLP oversees approximately $80 billion of assets under management across real asset and private equity strategies for a global and diversified investor base, including some of the world’s leading asset allocators.” In 2025 September, UAE $1 trillion sovereign wealth fund Abu Dhabi Investment Authority (ADIA) announced to invest up to $1.5 billion in Singapore-based $80 billion investment manager GLP to accelerate GLP growth in logistics, digital infrastructure & renewable energy. GLP was founded in 2009 by Ming Mei & Jeff Schwartz to develop & operate logistics real estate in Japan & China.
Teresa Zhuge, Chairman of the Executive Committee of GLP China: “We are pleased to complete another successful fundraise for our onshore income fund strategy, in line with our asset-light strategy of growing funds under management. Institutional investors continue to appreciate the resilience of China’s logistics sector in China as well as the quality of GLP’s assets and we look forward to continuing to create value for our investors over the long-term.”
GLP – GLP is a leading global investor, thematic business builder and investment manager, focused on creating scaled platforms within its core sectors of logistics, digital infrastructure and renewable energy. The Group, through its asset management arm GLP Capital Partners, manages approximately US$80 billion of assets under management as of 30 June 2025 and has a proven track record of incubating and scaling platforms across markets and strategies through development, strategic M&A and partnerships.
UAE $1 Trillion Sovereign Wealth Fund Abu Dhabi Investment Authority (ADIA) Invests $1.5 Billion in Singapore-Based $80 Billion Investment Manager GLP to Accelerate Growth in Logistics, Digital Infrastructure & Renewable Energy, Founded in 2009 by Ming Mei & Jeff Schwartz to Develop & Operate Logistics Real Estate in Japan & China
1st September – UAE $1 trillion sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has announced to invest up to $1.5 billion in Singapore-based $80 billion investment manager GLP to accelerate GLP growth in logistics, digital infrastructure & renewable energy. GLP was founded in 2009 by Ming Mei & Jeff Schwartz to develop & operate logistics real estate in Japan & China. Announcement (28/8/25): “GLP Pte Ltd (“GLP” and with its subsidiaries the “Group”), a leading global thematic business builder, investor and investment manager, today announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) will invest up to US$1.5 billion in GLP to support its next phase of growth. Building upon several years of successful fund-level collaboration between GLP and ADIA subsidiaries, this transaction is an endorsement of GLP’s execution capabilities and track record of delivering value in high-growth sectors. GLP continues to benefit from the support of its existing consortium of long-term shareholders, positioning the company for its next phase of growth. GLP’s strong financial position will be enhanced by ADIA’s initial capital deployment of US$500 million, which is expected to accelerate the Group’s mission of creating differentiated, scaled platforms across logistics, digital infrastructure and renewable energy – sectors benefitting from structural tailwinds driven by the expansion of e-commerce, accelerating adoption of AI/cloud technologies, and the global shift towards cleaner, more sustainable energy sources.”
Ming Mei, Co-Founder and CEO of GLP: “We are delighted to strengthen our relationship with ADIA in line with our strategy of creating scalable partnerships with world-class investment partners. With this enhanced capital base and strategic alignment, this investment further positions us to accelerate growth and take advantage of the significant market opportunities we see associated with the secular expansion of new economy sectors in which we operate.”
Mohamed Al Qubaisi, Executive Director of the Real Estate Department at ADIA: “We have successfully invested in GLP funds for a number of years. This transaction will allow us to deepen that relationship, support the company in its next phase of growth and scale our exposure to new economy sectors, in line with our strategy.”
GLP – GLP is a leading global investor, thematic business builder and investment manager, focused on creating scaled platforms within its core sectors of logistics, digital infrastructure and renewable energy. The Group, through its asset management arm GLP Capital Partners, manages approximately US$80 billion of assets under management and has a proven track record of incubating and scaling platforms across markets and strategies through development, strategic M&A and partnerships. GLP is owned by GLP Holdings LP which is controlled by management and a group of institutional investors. GLP is a privately owned company incorporated in Singapore. GLP Pte Ltd (formerly Global Logistic Properties Limited) converted to a private company after delisting from the Singapore Exchange Securities Trading Limited (SGX-ST) on 22 January 2018. The company was formerly listed on SGX-ST between 2010 to 2018.
ADIA – Established in 1976, the Abu Dhabi Investment Authority (“ADIA”) is a globally-diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation.
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