GLP-backed Monoful Venture Partners Announces 13 Billion Yen First Close of Monoful Venture Partners I

Tokyo and Singapore, 21 December 2022 - GLP today announced that Monoful Venture Partners (“MVP”), a wholly owned subsidiary of GLP, has completed the first close of its maiden fund Monoful Venture Partners I (“MVP I”) with 12.9 billion yen (~US$96 million) in commitments. MVP is the venture capital arm of GLP that invests in growth-stage start-ups in the logistics and real estate ecosystem in Japan.