1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 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. When I left my previous employer, I didnt realize how risky it actually was. An army of builders is carrying out a $5.9 million upgrade at the heritage property, famously owned (not once, but twice) by former Test cricketer Shane Warne. These people deserve to be caught and punished, but they are certainly not the norm in the industry. in Public Practice from Otis College of Art and Design in 2011. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. Equis' team brings focus, experience, passion and conviction. Its human to fear what you dont understand. We started to participate because we saw an opportunity to make good money and invest in a growing sector. Everything comes back to the numbers. But what were we adding back to society? Find contact details for 700 million professionals. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. DAVID K. RUSSELL. David Russell, Equis Chairman, said: "As Asia-Pacific's largest renewable energy IPP, Equis is pleased to be playing an important role in Taiwan's transition to low-cost, clean energy. being driven to the Seminary of the Good Shepherd. Equis Funds Group CEO 2010 Equis Energy Director Equis Managing Director Education Prior to joining Equis, Liz held planning and permitting roles at Goldwind. In October 2017, Equis sold Equis Energy to a Global Infrastructure Partners led consortium for US$5 billion, the largest renewable energy transaction in history at the time. Please try again later. He is the current Head of Legal for Equis in Australia and is responsible for all legal matters internally and associated with projects. Ltd. MELPOMENE: They went silent because you left Macquarie? But most importantly, if you want to be successful, youll have to work hard. 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.. 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. 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. Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. To be developed entirely by Equis, the Tailem Bend Solar Project and Collinsville North Solar Project will bring the number of renewable energy projects under development and construction by Equis to 49. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. MELPOMENE: Skadden has a terrific reputation, how was it like working there? Its important to humble yourself. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. Ed is a PhD-qualified grid connection expert with over 25 years of experience in renewable energy generation, transmission and distribution. When the money cleared, the partners of Equis went shopping to celebrate. 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. Bibendum arcu vitae elementum curabitur vitae nunc sed velit. MELPOMENE: Hasnt that kind of short-term focus change with the increasing number of young people becoming entrepreneurs? David Russell In 2011, David established Equis Energy. Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730. Ive always worked long hours and that hasnt changed. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. All rights reserved. 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. 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. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. 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. David Russell 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 "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. But maybe thats a good thing, you see all these people whose primary focus has been work all their lives and sometimes when a death happens in the family, all of a sudden they stop and go: What am I doing? 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. In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. MELPOMENE: Those who behave egregiously are a very small percentage of the industry. Privacy Policy. DAVID: When we first set up Equis, foreign investors wanted to talk about China and India, and they weren't focused on markets like Thailand and the Philippines. Apparently Pell was flanked by a number of priests. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. Prior to joining Equis, Vincenzo held roles with Canadian Solar, Raygen Resources, ABB and various European solar companies and technology providers. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. 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.. Not the David Russell you were looking for? Tel: +65 6220 0040, Legal Notice & Terms of Use In the Philippines, for example, the government budgets ahead so that they can afford power they need. "I understand now how people can love a person who does awful things. That deal was a second innings for the spin bowler. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. MELPOMENE: Is what you know or who you know more important? And guess who was right? Bachelor of Laws (Hons)/ Bachelor of Economics (Hons) 1988 - 1993; Skills. David Russell, Equis Chairman, said, "As AsiaPacific's largest renewable energy IPP, Equis is pleased to be playing an important role in Taiwan's transition to lowcost, clean energy. 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 10 years, buildings can be fitted with solar panels and your phone could double as a storage device. 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. In the Philippines, Equis commissioned a 30 MW solar project in Leyte and a 54 MW wind project in Rizal, as well as two solar projects in Japans Hiroshima and Hyogo prefectures with total generation capacity of 21.4 MW. Hartford, Connecticut, United States. David Russell Full Name: David Charles Russell Company: Equis Pte. Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. At one point, Pell who was dressed in what one observer described as "priestly regalia" gave a short speech and toast. MELPOMENE: Did your legal and finance background help you in this field? Senectus et netus et malesuada fames ac turpis egestas sed. DAVID: If youre intelligent, adaptable, and willing to work hard, you can be very successful without a legal or finance background. He has delivered assets across the Asia-Pacific. Search. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. In India, Equis commissioned four wind projects in Andhra Pradesh, Madhya Pradesh and Gujarat with generation capacity of 206 MW, and a hydro project in Sikkim added another 96 MW of generation capacity. MELPOMENE: You were well-connected and had the expertise, but was it still a risky move? 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. On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. DAVID: We have that in our business model by having compensation tied to the performance of the business through carried interest. Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. Our purpose is to help current and future generations of Australians and we wont stop until we doso. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. David Russell VZIO stock SEC Form 4 insiders trading 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. 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. Our locally based staff boast a strong understanding of rural and regional Australia. David graduated from their alma mater, Monash University and is currently based in Singapore, Central Singapore. 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. DAVID: It was awesome! Taiwan is at a critical juncture in the development of its energy resources, and the award of the Chiayi solar project, after a very competitive . Ltd. Industry: Private Equity Position: Chief Executive Officer & Director Ownership Type: Individual Date Status Acquired: 10/01/2010 Ownership Stake: Less than 5% Employment Details Company/Fund Name: Equis Pte. MELPOMENE: Whats one thing off the top of your head? 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. 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. Monash University. DAVID RUSSELL: When we started the business, we decided to keep a low profile because we wanted our relationships with governments to stabilise. As Asias largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the worlds fastestgrowing renewable energy market., Daniel LeeGroup Head, Corporate [email protected], Juwon ChaeGroup Head, Sustainability and Investor [email protected]. But what has changed is the level of desperation applied to the business when its your own. Alberici starts on Monday. Equis, in partnership with the Sinan Municipality, is also establishing a fund through which the local community will invest into the project, enabling residents to benefit from Jara's long-term stable income stream. People hear about all these guys making so much money and they fear that its because theyre doing something theyre not supposed to be doing. I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. Kahn thought Anton was like Cary Grant. We also bought businesses, made them better and sold them off. They said that if youre willing to build the facility, were willing to buy that power from you at a fixed price for 20 or 25 years, and that gave us a lot of confidence. Chris Wright is Asia editor. The other guests in the restaurant said they had to pinch themselves. These governments need to grow and theyre putting in place very stable regulatory regimes. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. Brighton Grammar old boy puts new $5.9m spin on Shane Warne's former pad. Several months earlier a consortium led by Global Infrastructure Partners (GIP), with partners including the China Investment Corporation sovereign wealth fund, had agreed to buy the renewable energy asset portfolio of Equis, a Singapore-headquartered independent infrastructure asset manager, for $5 billion. You connect it to the building, charge it up, and take it home to generate electricity for your house. "It was like the last supper," one onlooker said. Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. Although what relationship she has with the government given its voracious criticism of her reporting will be interesting. His work has included regulatory advice, project delivery advice, and transactional advice. In the battery sector, the prices are falling but their performance is improving. Ed has managed $13b of electricity regulated and commercial assets as GM for AusNets Transmission and Distribution networks. Thomas has over 20 years experience working in a range of business development and energy trading roles. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. California Weighs $360,000 in Reparations to Eligible Black Residents. DAVID: Skydiving! There is no substitute for hard work. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior . We were partly fortunate because the investor market had not focused on renewable energy the way it should have, and that gave us a 6-year head start. sheridan and michael biggest loser,