david russell, equis

Its interesting how that has come full circle. Andrew has over 18 years in Australian large-scale renewable energy and has previously held senior positions at ENGIE, Goldwind and WSP where he was responsible for the development, construction, and delivery of primarily large-scale wind and storage projects. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. DAVID: Years ago, we were just moving paper around. Craig Marsh settled upon a black McLaren with carbon-fibre trims. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. We also bought businesses, made them better and sold them off. Dont Neglect Succession Planning, Manulife Singapore Offers Digital Payments Via PayNow, FWD Insurance Launches Electronic Claims Payments via PayNow, 1-Michelin-Starred Marguerite Shines With an Invigorating Spring Menu. Tel: +65 6220 0040, Legal Notice & Terms of Use Empower. Alberici vowed she would never front a TV show again after exiting the ABC. David Russell, Equis Funds Group CEO, said, "This year Equis expanded our renewable energy investments in both India and Japan, and added two major projects in the Philippines. Damian has 23 years of infrastructure investment experience, with over 17 years experience in Asia Pacific, and has completed over AUD$ 27 billion of transactions across various sectors including renewable and conventional energy, telecommunications, waste, greenfield development, PPPs, and transportation. Construction of the Collinsville North Solar Project is expected to commence in 2017. David Russell, Equis Funds Group: Profile and Biography - Bloomberg Markets Sign In Subscribe Live Now Bloomberg TV+ Bloomberg Studio 1.0:Tony Xu, DoorDash CEO Bloomberg Radio The Big. Cardinal George Pell has kept an ultra-low profile since walking out of Victorias Barwon Prison on April 7 following a High Court decision to overturn his conviction on charges of historical sex abuse. DAVID: They worked hard. While were driving for business success, we formally make a point to give back to the community. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. MELPOMENE: Why did you decide to target Asian markets? Were a lot happier not only making money but also making a difference. MELPOMENE: Is it important that the work you do creates value for society? Alberici starts on Monday. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . DAVID RUSSELL: When we started the business, we decided to keep a low profile because we wanted our relationships with governments to stabilise. And yet, whatever the package contained, I was willing to put up with it," Khan and co-author Jessica Chapnik Kahn write. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. Consequat id porta nibh. Marshssplurgefollows the US$5 billion sale of renewable energy firm Equis Energy to US fund Global Infrastructure Partners in January, billed in financial media as the largestrenewable energy generation acquisition in history. Warnie, whose acumen in real estate is starting to rival his spin bowling prowess, had bought the 3000sq m property, which he once dubbed his favourite house, for $14.25m, 18 months before selling it to the Russells. Russell also chairs Equis Foundation and CSS Foundation, and plans to open a Russian community centre to support disabled and foster children and their parents. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. His work has included regulatory advice, project delivery advice, and transactional advice. Not the David Russell you were looking for? David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT The leafy streets of Brighton are mostly quiet, except at one of the suburbs most famous residences, Melville, the six-bedroom, six-bathroom single-level Middle Crescent mansion. Will Others Follow? As the CEO and Chairman, David grew Equis Energy to become Asia-Pacifics largest renewable energy generator. It was during that painful life phase that Kahn had an idea: taking beautiful food left over from her events business and using it to feed people in need. Representatives for the Catholic Church and Pell did not return calls and emails on Thursday. These people deserve to be caught and punished, but they are certainly not the norm in the industry. Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. If you benchmark me against our local project developers, Im risk-averse; but if you benchmark me against a credit guy from a central bank, youll probably view me as risk-seeking [laughs]. DAVID: They are expected to chase and secure opportunities, and I review their decisions just to make sure that what we put in place for, say the Philippines, is consistent across our entire business. We were also growing rapidly and did not want to give our competitors advance knowledge of what we were doing. David Russell, Equis Group CEO, commented, As Asias largest renewable energy developer and investor, the Tailem Bend Solar Project represents an exciting expansion into Australia for Equis and an unique opportunity to leverage our development and construction expertise to deliver low cost, large scale, reliable renewable energy for Australian consumers., Mr Russell noted, By developing the Tailem Bend Solar Project and Snowy Hydro diesel projects together, the combined system will have the capability of providing stable power any time of the day across the entire year. Snowy Hydro is a leading integrated energy business in Australia which currently owns and operates 5,500MW of generation capacity across Australia, including the iconic 4,100MW Snowy Hydro-electric Scheme. But what were we adding back to society? Marshs spending spree only came to light after he settled on his Mosman purchase of a 1940s house on waterfront reserve in Clifton Gardens from the Rosenthal family. MELPOMENE: Has ownership changed your motivation towards work? Greater Newcastle Area. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. Copyright 2023 Brighton Grammar School. Congratulations to the Class of 2020, recording our best ever results. DAVID: If youre intelligent, adaptable, and willing to work hard, you can be very successful without a legal or finance background. He was charming and once flew her to Hong Kong for dinner. DAVID: It was awesome! A good thing, no doubt. CBD hears that her ABC redundancy payout was in the vicinity of $300,000. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. MELPOMENE: Do you think that giving people ownership is the way to motivate them? Mr Russell, the co-founder of Equis an offshore private equity group, has slapped a caveat on Shane Warne's Melbourne mansion in a deal worth close to $20m and is believed to be readying to fork out a further $22m for a Noosa beachfront home in what is a record price for the Queensland holiday region. Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. The company was part of reportedly the largest global renewable energy transaction in history in 2018 when its subsidiary, Equis Energy, was sold to Global Infrastructure Partners for US$5 billion. That deal was a second innings for the spin bowler. Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. Employ over 400 people during the construction phase. Does Joo Chiat Need Another Italian Joint? We wish to honour the connection to Country of all Aboriginal and Torres Strait Islander peoples and pay respect to their Traditional Custodians and Elders past, present and emerging. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior . DAVID: Yeah, a number of them obviously felt that while our relationship was important, it was based on our work together, so they were more likely to do business with Macquarie than some guy whos just starting out. He is the current Head of Legal for Equis in Australia and is responsible for all legal matters internally and associated with projects. He studied Law/Economics at Monash University and worked as an energy and utilities lawyer with Skadden, Arps, Slate, Meagher & Flom in Washington and with Minter Ellison in Melbourne. DAVID: Skydiving! I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. But there are a number of governments that came up with programmes to encourage investments in renewable energy. Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. Youre always very careful when you speak to people and you disagree politely, rarely do people ever thump the table and storm out like they do in movies. David Russell, Equis Group CEO, commented, "As Asia's largest renewable energy developer and investor, the Tailem Bend Solar Project represents an exciting expansion into Australia for Equis and an unique opportunity to leverage our development and construction expertise to deliver low cost, large scale, reliable renewable energy for . David Russell, partner and co-founder of Equis comments, "Following a number of significant and successful divestments including the sale of the Equis Energy portfolio to Global Infrastructure Partners, we have identified significant new investment and growth opportunities and Mark's appointment to the partnership will significantly strengthen . MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. What: Equis is focused on the development, construction, ownership and operation of energy, including renewable and hybrid (gas and renewable) systems, bioenergy and waste processing, and waste recovery infrastructure assets. MELPOMENE: They went silent because you left Macquarie? You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. The pieces, which covered the strategies big businesses used to trim their tax burden, ended up being rewritten and republished. Apparently Pell was flanked by a number of priests. MELPOMENE: Large corporations are almost inevitably hierarchical. MELPOMENE: You are headquartered in Singapore but your operations are in other parts of Asia? We acknowledge that our school is on the Country of the people of the Kulin Nations. It plans to commit more than US$2billion into renewable energy and waste infrastructure assets across Australia, Japan and South Korea over the next twoyears. 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Hlne Darroze in Conversation With Violet Oon, DPR Construction Used Technology for the Construction of Curtin Singapore Without Physical Meet-Ups, How to Work With Family, and Still Like Each Other, Making Sense of Interest Rates Is Common Sense, Singapore Bond Markets: Sit Back, Lie Flat, Bond Market Thoughts: Sitting Around Waiting to Catch Covid, Union Bank of the Philippines to Issue First Social Bond, Inflation Rule of Thumb Means You Should Not Buy Bonds. My mentor at that time made a habit of calling me for work even at 1 a.m. And they have a 24-hour turn over, so no matter how late your client meeting ends, you have to finish your work by the next day. MELPOMENE: Have you ever been forced to rethink your life? Please try again later. And guess who was right? You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. When I left my previous employer, I didnt realize how risky it actually was. By submitting this form, I agree to these terms and conditions. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. Head of Acquisitions, Macquarie Korea Infrastructure Fund (KOSPI), Bachelor of Commerce, LL.B, Canterbury University, NZ, Over 28 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Macquarie Senior Managing Director & Head of Infrastructure Advisory for Korea and North Asia, Bachelor of Arts (Hons), Major in Business Economics, UC Santa Barbara, MBA, Sloan School of Business, MIT, Investments, Australia & New Zealand Equis since 2010, Over 28 years of Asia-Pacific infrastructure investment and advisory experience, having raised and invested over US$5bn of equity for Asian private equity, Former Macquarie Senior Managing Director & Head of Greater China & Asian Private Equity, Utilities lawyer, Skadden Arps (Washington DC) & Minter Ellison (Melbourne), Bachelor of Economics (Hons), LL.B (Hons), Monash University, Over 25 years of infrastructure investment experience, with 19 years in Australia, Bachelor of Commerce (Hons), Bachelor of Laws (LLB), Deakin University, Advanced Management Program, Harvard Business School, Over 17 years of Asian private equity and infrastructure investment experience, Former Macquarie Vice President & Head of Acquisitions MENA (Abu Dhabi), MKIF investment team (Korea), Bachelor of Economics, Seoul National University, 1 George Street #23-03 MELPOMENE: Does the intermittency of solar and wind energy coupled with the lack of storage capabilities mean theres a limit to how much you can invest? Pell, according to CBD spies, was seated at the middle of a long table, with about a dozen people, and knew some of the guests at smaller tables flanking the high table. DAVID: Absolutely. Monash University. He sold Equis Energy, which he founded in 2011, for (US) $5bn in 2017. So by removing the glass ceiling, we dont lose our senior people as we grow. Prior to joining Equis, Liz held planning and permitting roles at Goldwind. I use a decision tree in that process and find that if you have the ability and willingness to think through the entire tree, you can map out where youre heading with a fair degree of certainty. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. DAVID: We have that in our business model by having compensation tied to the performance of the business through carried interest. While were driving for business success, we formally make a point to give back to the community. Kahn thought Anton was like Cary Grant. In 10 years, buildings can be fitted with solar panels and your phone could double as a storage device. The Projects will involve a capital investment of approximately A$400 million. I like to think that I dont have a fear of heights, but the idea of jumping out of a plane and not knowing for sure if the parachute is going to work can be intimidating. See our. His thesis and work explore the . At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. It could become micro power grid systems where power is generated and distributed locally. In 20045, he was Head of Macquaries Principal Transactions Group before becoming a Senior Managing Director, Head of Asian Private Equity and Head of Greater China. David Russell, Equis Funds Group CEO, said, This year Equis expanded our renewable energy investments in both India and Japan, and added two major projects in the Philippines. 2023 High Net Worth All rights reserved. Kahn is frank in the book, telling a painful story about a former American boyfriend she calls Anton whom she dated after her marriage broke down. In 1998, David joined Macquarie Group, where he spent 12 years. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. DAVID: Ive watched a couple and I always cringe [laughs]. One of my early mentors said, David, if theres one thing I can teach you about doing business is that whatever you do, you must always act lawfully.. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. When the money cleared, the partners of Equis went shopping to celebrate. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. Now more than ever, players rightly see themselves as multi-faceted entrepreneurs, and seek ways to leverage their brands in everything from real estate to venture capital. Over there, our local guys are empowered to identify and drive growth from bottom up. Prior to joining Equis, Vincenzo held roles with Canadian Solar, Raygen Resources, ABB and various European solar companies and technology providers. In addition, the Tailem Bend Solar Project has been developed to facilitate large scale battery storage further enhancing the base load like nature of the projects.. California Weighs $360,000 in Reparations to Eligible Black Residents. He covers the Asia Pacific region and is based in Singapore. Find out more. In Asia, power has always been the number one sector to invest in, not renewable energy. Prior to joining Equis, he was the Head of Trading and Wholesale Markets at Goldwind Australia. Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. Some $1.3 billion of that was assumed liabilities, but still, it was a landmark: $3.7 billion of equity, the vast majority of it in unrestricted cash. In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, Twitter Revenue, Earnings Fell About 40% in December, WSJ Says, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, Bolsonaro Says Mission Isnt Over as US Conservatives Fete Him, Biden Closes In on Order to Restrict US Investment in China Tech, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. Brighton Grammar old boy David Russell, the billionaire founder of the Singapore-based Equis private equity group, along with wife Elena, bought the mansion for about $20 million in an off-market deal in 2018. Once I became nobody, a lot of those people actually went silent. The Company was formed in 2019 through the restructure of the Equis business model from a funds management business to an infrastructure asset development company. Athletes' ambitions don't end when they leave the field of play. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. The other guests in the restaurant said they had to pinch themselves. 2023 Tatler Asia Limited. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. The knock-down rebuild of the rear of the house will feature two linked pavilions and include a dining and kitchen space as well as rumpus room, a master bedroom and gym. We have the saying: You eat what you kill. Daniel LeeGroup Head, Corporate CommunicationsDaniel.lee@venaenergy.com, Juwon ChaeGroup Head, Sustainability and Investor RelationsIR@venaenergy.com. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. 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MELPOMENE: Given that R&D in this sector is changing so quickly, are you concerned that your solar and wind facilities might become obsolete? ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. If anything we are quite an introverted group, but we knew what we were talking about. In addition, Equis has completed a further 33 utility scale renewable energy projects in Asia over the last 3 years or on average 1 project every 5 weeks. Marsh, a former Macquarie Group executive who joinedEquisin2014, isnt the only partner at the renewablesfundwho has splashed on his real estate dreams in recent months. We are committed and responsive to the communities we serve. David is Chairman of the Che Sara Sara Foundation, a not-for-profit that supports vulnerable parents and children in crisis in Russia, Uzbekistan and the Philippines. DAVID: I get people coming out of Europe and the U.S. saying that theyre worried about Asian re-regulation risk and governments taking away our assets, but that happens even in Southern Europe. Hartford, Connecticut, United States. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". Interest is certainly high. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. When we set up Equis, we told ourselves that were actually building stuff for once, everything weve doneweve actually built ourselves and without us, it will all just be flat land. DAVID: I do. But there are a number of governments that came up with programmes to encourage investments in renewable energy. There is no substitute for hard work. Separately, development approval has recently been obtained from the Whitsunday Regional Council for a 100MWAC solar project in Collinsville North, Queensland, Australia (Collinsville North Solar Project), to be constructed on land close to the Collinsville North substation. Those who want to work 9 to 5 will be successful in certain types of careers, but what we do here requires a lot of hard work. US Jobs Report and Powell Testimony Take Center Stage: Eco Week, Bond Mavens Favor Curve Wagers for Next Encounter With Jobs Data, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate. Like the Mosman house, Marshs purchase on the Noosa waterfront is also expected to be a rebuild, withDA plans for a rebuild already lodged with Noosa Council. MELPOMENE: Whats one thing off the top of your head? "I understand now how people can love a person who does awful things. Singapore, 1 February 2017 Equis Energy (Equis), Asias largest independent renewable energy developer and investor, recently approved the development, construction and operation of two solar projects in South Australia and Queensland, Australia with a total generation capacity of 200MWAC (Projects). Ltd. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. Weve surprised the market with our growth, which now outstrips our previous employer, and you start to see a lot of these old relationships coming back. Asia-Pacific-focused renewables designer Equis Development Pte Ltd has actually taken control of an AUD-1.9-billion (USD 1.28 bn/EUR 1.23 bn) battery energy storage space project near Melbourne, Victoria, and is now relaunching it with a new name as well as increased capacity. 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Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. David Russell, Equis Managing Director, stated "Jara represents a pivot by Equis into more integrated renewable energy David is also the founder and Chairman of the CSS Foundation, which is focused on supporting vulnerable parents and children in Australia, Russia, and the Philippines. The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. Find contact details for 700 million professionals. We felt that we deserved to be paid well because we were certainly working hard. David Russell has 3 current jobs including CEO at Equis Funds Group, Director at Equis Energy, and Managing Director at Equis. . How: Equis covers every stage of a projects lifecycle including origination, development, design construction, and engineering, to operation and maintenance, asset management, and performance optimisation. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. In 2011, David established Equis Energy. Construction of the Tailem Bend Solar Project is expected to commence in early 2017. "Australia represents one of the most exciting solar power generation markets globally and Equis expects to build over $1 billion of new projects over the next 24-36 months," director David Russell said in the press release. If theres a physical tussle over the South China Sea, its not going to affect our facilities.

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