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. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". DAVID: I sound really old when I say this [laughs], but I feel there is a generational shift. David Charles Russell - Equis Pte. Ltd. - privatefunddata.com Lady E: David Russell's birthday bash gets Brighton - Heraldsun But he also told me theres no law stating that you cant act unreasonably [laughs]. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. Equis to Develop 1,000 MW Solar Project in Queensland, Australia 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. Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. 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. The partners, most of them ex-Macquarie bankers, had delivered for their investors, who included some of the biggest institutional names in the world: the University of Texas/Texas A&M Investment Company (Utimco), Partners Group, Willis Towers Watson, BlackRock, JPMorgan Pension, numerous Australian superannuation funds, and others representing the Dutch, German and Malaysian state. 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. But her kids thought he was a phoney. Equis Expands into Australia with Two Large Solar Projects My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. David graduated from their alma mater, Monash University and is currently based in Singapore, Central Singapore. And you find that project developers tend to be more risk seeking, so its better to have someone whos more risk averse to balance their decision-making. 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. David Russell email address & phone number | Equis Chief Executive Co-Founder, Managing Director. Were sorry, this feature is currently unavailable. CRICOS Provider Code: 00132K. 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. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . We acknowledge that our school is on the Country of the people of the Kulin Nations. About Us - Equis Development Pte. Ltd. MELPOMENE: Whats one thing off the top of your head? You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. 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. Its not all hindsight. At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. Alberici's new gig is chief strategy government relations and communications officer. At work, I am direct with people and I encourage them to be the same with me. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. All rights reserved. MELPOMENE: How has it been different at Equis? These governments need to grow and theyre putting in place very stable regulatory regimes. We felt that we deserved to be paid well because we were certainly working hard. DAVID: My legal background helped me because it gave me discipline and an eye for detail. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. Where: Developed markets across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. PDF For Immediate Release Equis Acquires South Korean Hybrid Solar When I left my previous employer, I didnt realize how risky it actually was. MELPOMENE: Why did you decide to strike out on your own? Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. Our purpose is to help current and future generations of Australians and we wont stop until we doso. 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 definitely know a lot of people, but this business was not built on that. MELPOMENE: You were well-connected and had the expertise, but was it still a risky move? He also has extensive investment and Mergers and Acquisitions experience in renewable energy across Asia. DAVID RUSSELL: When we started the business, we decided to keep a low profile because we wanted our relationships with governments to stabilise. 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. MELPOMENE: Large corporations are almost inevitably hierarchical. Shane Warne's former pad gets new $5.9m spin from Brighton - The Age We have the saying: You eat what you kill. Privacy Policy. We care about delivering the best outcomes for our stakeholders and our collective experience allows us to develop high quality projects. David Russell - Crunchbase Person Profile They had reason to celebrate. Readers will recall Pell spent his first night of freedom upon his release in the Carmelite Monastery in Melbournes Kew, before being driven to the Seminary of the Good Shepherd in Sydney's Homebush. Ltd. 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. Bibendum arcu vitae elementum curabitur vitae nunc sed velit. MELPOMENE: Steve Jobs said that you can only connect the dots looking backwardsis that true of your experiences? David Russell Archives - Saving with Solar 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. DAVID: I do. 2023 High Net Worth All rights reserved. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. Interest is certainly high. DAVID: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. And thats very important because we now have 84 projects totaling close to 8 billion dollars. 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. DAVID: As I became more senior in Macquarie, I thought that I was breaking through the politics and creating more autonomy for myself, when in fact I was just extending my network of relations within the organisation. Private equity: The inside story of Equis and its partners' $800 David Russell, Equis Funds Group: Profile and Biography 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. 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. Equis CEO David Russell is a key player in the Asia Pacific region's renewable energy game David Russell is the founder and CEO of Equis, a company that evolved from its roots as a funds management business to an infrastructure asset development company, Equis Development, in 2019. 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. Copyright 2023 Brighton Grammar School. Credit:Jason South. In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs. This is firstly because Ive observed that as people become more autocratic, their decision-making becomes skewed and over time, they start to make costly mistakes, and very quickly theyre gone. Its not just gratuitous giving. MELPOMENE: Those who behave egregiously are a very small percentage of the industry. Once I became nobody, a lot of those people actually went silenta number of them obviously felt that while our relationship was important, it was based on our work together. California Weighs $360,000 in Reparations to Eligible Black Residents. He has also written two books. 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. And that has always stuck with me. Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. David is also . We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. We acknowledge that our school is on the Country of the people of the Kulin Nations. We may no longer need to build big cathedral type power facilities and expensive distribution systems. 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 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. EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). Both plants will also be designed as battery-storage ready further enhancing their long term attractiveness as stable, low cost sources of power, added Mr Russell. If anything we are quite an introverted group, but we knew what we were talking about. Its human to fear what you dont understand. Craig Marsh settled upon a black McLaren with carbon-fibre trims. They had reason to celebrate. He has previously been Middle East editor of Euromoney, editor of Asiamoney, investment editor of the Australian Financial Review and a correspondent on emerging markets and sovereign wealth for numerous publications worldwide. 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. As Asia's largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the world's fastestgrowing renewable energy market In contrast, if you look at Spain, the government gave concessions to the developers but re-regulated when they realised they couldnt afford to buy power. And yet, whatever the package contained, I was willing to put up with it," Khan and co-author Jessica Chapnik Kahn write. DAVID: Its definitely not who you know. David Russell - Director, Technology Practices and Standards - LinkedIn Thats a real problem with succession planning because you might lose the person you really want to keep because theyre frustrated at the lack of opportunities to grow. 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. He sold Equis Energy, which he founded in 2011, for (US) $5bn in 2017. David Russell - Oakland, California, United States - LinkedIn 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. David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. His thesis and work explore the . Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. People start thinking that these are the bad guys, but based on my experience, its not the case. Do you worry about that? If theres a physical tussle over the South China Sea, its not going to affect our facilities. A good thing, no doubt. MELPOMENE: Has ownership changed your motivation towards work? He has held senior roles in energy infrastructure asset owners, developers, and consultancy firms engaged with renewable energy across wind, solar and storage in Australia, Europe, Central America and SE Asia. Shane Warne sold the Brighton mansion for about $20m in 2018. DAVID: Thats the million-dollar question. being driven to the Seminary of the Good Shepherd. 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. in Painting/ Art History from the University of Tulsa. Prior to joining Equis, Liz held planning and permitting roles at Goldwind. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. 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. Ltd. He has delivered assets across the Asia-Pacific. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. 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.. I think that helps people remain human in this business. You connect it to the building, charge it up, and take it home to generate electricity for your house. Equis Group appoints new partner and reveals management restructure Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. Photo: Domain. So while I was growing and being mentored, I had that slight frustration. Business isnt as aggressive as its been dramatised to be. Bryce has deep experience in the Energy and Infrastructure sectors, having worked on multiple global transactions totalling over AUD$ 27bn. She wasnt joking. DAVID: Skydiving! 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. The esteem that the businesswoman turned social entrepreneur is held in is revealed by the calibre of the blurbs on the cover: ABC journalist Annabel Crabb gets star billing above former governor-general Quentin Bryce, while Crabbs boss, ABC chair Ita Buttrose, has to make do with the back page. She tells CBD she will be based in Sydney, rather than the comparison sites Brisbane headquarters. ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. 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. Did you feel restricted by that? DAVID: The level at which you can supply renewable energy into the grid is actually quite highfor example, Germany is at around 50% now and theyre targeting 100%. 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: They went silent because you left Macquarie? Over 22 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Director & Board Member of Denham Capital Asia Pacific. MELPOMENE: Was your background crucial to your success? Supply the annual power needs of 63,165 homes. 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. Thomas has over 20 years experience working in a range of business development and energy trading roles. She managed a renewable energy portfolio of over 625MW in Australia, sat on the board of Avertas Waste to Energy as well as managed transport and social infrastructure projects. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. DAVID: Definitely. David Russell - Equis The Tailem Bend Solar Project and Collinsville North Solar Project will: The Tailem Bend Solar Project and Collinsville North Solar Project will be two of Australias lowest cost solar generation projects and will contribute low cost solar power and new jobs into regional communities. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. But what were we adding back to society? Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. David Russell, Equis Chairman, said, "Equis has plans to invest US$1 billion in Taiwanese renewable energy, and we expect to play a leading role in developing the Taiwanese renewable energy market, to which the government has made a significant commitment. Called the Lady E, it's available to charter for a cool $767,840 a week. See our. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. Vignesh has over 7 years experience in infrastructure investment and development across Asia. Thats My Happy Place!, Rediscovering Myself Through My Sons Special Needs, Dr Wealths Alvin Chow: I Turned My Passion Into a Mission, Meet Shin Lim, the Magician Who Wowed America, This New Clinic Wants You to Get Proactive About Preventive Care, Graphic Artist Malika Favre on Pioneering Her Own Pop and Op Art Style, The World of Cats According to Author-Illustrator Susie Yi, Influential Brands Survey Shows How Prominent Brands in Singapore Overcame Covid-19 Challenges, The Secret to Beijing Tong Ren Tangs 350-Year Longevity, Influential Brands Launches Two New Platforms for Business Leaders and Influencers, Why Raffles Hotel Singapore Is One of the Best Companies to Work for. Hartford, Connecticut, United States. Does Joo Chiat Need Another Italian Joint? David Russell who has made his fortune as the cofounder of Singapore-based private equity group Equis has been spending time aboard the impressive vessel with his family. Conversations with David Russell | High Net Worth When the money cleared, the partners of Equis went shopping to celebrate. In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. Monash University. 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$5bn of equity for Asian private equity, Former Macquarie Senior Managing Director & Head of Greater China & Asian Private Equity, Utilities lawyer, Skadden Arps (Washington DC) & Minter Ellison (Melbourne), Bachelor of Economics (Hons), LL.B (Hons), Monash University, Over 25 years of infrastructure investment experience, with 19 years in Australia, Bachelor of Commerce (Hons), Bachelor of Laws (LLB), Deakin University, Advanced Management Program, Harvard Business School, Over 17 years of Asian private equity and infrastructure investment experience, Former Macquarie Vice President & Head of Acquisitions MENA (Abu Dhabi), MKIF investment team (Korea), Bachelor of Economics, Seoul National University, 1 George Street #23-03 Senectus et netus et malesuada fames ac turpis egestas sed. Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. Our People - equis.com.au Equis Energy , AsiaPacific's largest renewable energy IPP, has been awarded a contract by Taiwan's Ministry of Economic Affairs' Bureau of Energy (BOE) to develop a 70.2 MW solar project in Chiayi County's Yizhu Township. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. He was charming and once flew her to Hong Kong for dinner. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. 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. 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. DAVID: It was awesome! CBD hears that her ABC redundancy payout was in the vicinity of $300,000. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group. MELPOMENE: Is what you know or who you know more important? US$5 billion sale of Equis Energy prompts Craig Marsh's high - Domain My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. DAVID: Absolutely. DAVID: The plant operations, business development and growth are in other Asian countries such as the Philippines, Japan and India. The Tailem Bend Solar Project will be one of the lowest cost solar projects in Australia. Founding partner and chief executive David Russell has reportedly paid close to $20 million for theMelbourne estate in Brighton of cricket legend Shane Warne, and added a Noosa getaway of his own when he paid $18 million for the Sunshine Beach house ofIT entrepreneur Danny Wallis. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. Alberici vowed she would never front a TV show again after exiting the ABC. David Russell has 3 current jobs including CEO at Equis Funds Group, Director at Equis Energy, and Managing Director at Equis.