david russell, equis david russell, equis

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. And guess who was right? I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. DAVID K. RUSSELL. DAVID: Definitely. DAVID: The plant operations, business development and growth are in other Asian countries such as the Philippines, Japan and India. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. MELPOMENE: Do you find that theres a biased perception against the financial industry, particularly after the 2008 financial crisis? Now, the pendulum has swung from us being very quiet about our growth, to people asking questions because were the largest renewable energy developer in Asia. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. David is also . We are committed and responsive to the communities we serve. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. 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 . There are already storage systems that are very profitable, and one of them is pump storage. See our. If theres a physical tussle over the South China Sea, its not going to affect our facilities. 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 . DAVID: My legal background helped me because it gave me discipline and an eye for detail. Our purpose is to help current and future generations of Australians and we wont stop until we doso. In 10 years, buildings can be fitted with solar panels and your phone could double as a storage device. Emma Alberici has landed a new gig, and, as promised, it's not on TV. Consequat id porta nibh. People say that Asia is developing, but their frameworks are far more developed than those in Europe. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. See reunion dates, update your details and give to BGS. Where: Developed markets across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. 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. 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. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. After her August departure from the ABC, and fresh from recharging the batteries in Byron Bay, the former chief economics correspondent is joining online insurance comparison platform Compare the Market. He sold Equis Energy, which he founded in 2011, for (US) $5bn in 2017. Andrew has over 20 years' experience with energy infrastructure projects, specialising in thermal energy project development and construction. Construction of the Tailem Bend Solar Project is expected to commence in early 2017. David currently resides in Singapore and was on Singapore Tatlers list of Most Influential People in 2016 and 2018. David Russell has 3 current jobs including CEO at Equis Funds Group, Director at Equis Energy, and Managing Director at Equis. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. "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. Find out more. In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. DAVID: Theres an element of that. 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. When I left my previous employer, I didnt realize how risky it actually was. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. It works better for senior management, while the junior staff is more interested in salary and annual bonuses rather than something that could be paid out 5 or 10 years later. Its interesting how that has come full circle. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. Please try again later. They used to work at Macquarie. When the money cleared, the partners of Equis went shopping to celebrate. In 2005-2010, based in Seoul and Hong Kong, David established three infrastructure private equity funds, including one of the first and largest South Korean private funds. CRICOS Provider Code: 00132K. MELPOMENE: Do you think that giving people ownership is the way to motivate them? In Asia, power has always been the number one sector to invest in, not renewable energy. DAVID: Its definitely not who you know. At work, I am direct with people and I encourage them to be the same with me. 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. China Equities: Yesterdays Story or More Compelling Than Ever? MELPOMENE: Was your background crucial to your success? Prior to joining Equis, Vincenzo held roles with Canadian Solar, Raygen Resources, ABB and various European solar companies and technology providers. 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. We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. 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. 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. By submitting this form, I agree to these terms and conditions. As CEO, David has raised and invested seven infrastructure private equity funds comprising over US$5 billion of equity for some of Asia-Pacifics largest independent and institutional infrastructure funds. Entrepreneur, Private Equity Professional, Brighton Grammar School Fees and payments, Senior Managing Director, Head of Asian Private Equity and Head of Greater China, Macquarie, Founding partner of Equis Energy and Equis Funds Group. MELPOMENE: You are headquartered in Singapore but your operations are in other parts of Asia? These governments need to grow and theyre putting in place very stable regulatory regimes. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? 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. Mindy has over 14 years experience in infrastructure, power and renewable energy in Australia and South East Asia. This website uses cookies to improve your experience. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. David Russell VZIO stock SEC Form 4 insiders trading Find contact details for 700 million professionals. 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? Once I became nobody, a lot of those people actually went silent. Employ over 400 people during the construction phase. Alberici vowed she would never front a TV show again after exiting the ABC. He is the current Head of Legal for Equis in Australia and is responsible for all legal matters internally and associated with projects. In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. DAVID: Absolutely. 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. Were sorry, this feature is currently unavailable. Prior to joining Equis, he was the Head of Trading and Wholesale Markets at Goldwind Australia. 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. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. 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. The firm focuses 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, across Asia Pacific. Athletes' ambitions don't end when they leave the field of play. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. Will His AI Plans Be Any Different? Search. While were driving for business success, we formally make a point to give back to the community. being driven to the Seminary of the Good Shepherd. MELPOMENE: How has it been different at Equis? We acknowledge that our school is on the Country of the people of the Kulin Nations. EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). He led Equis development of wind and hydro projects in India. Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. That makes you focus harder, question harder and dig deeper until youre personally satisfied with solutions. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. That deal was a second innings for the spin bowler. David Russell, Equis Managing Director, stated "Jara represents a pivot by Equis into more integrated renewable energy Ed has managed $13b of electricity regulated and commercial assets as GM for AusNets Transmission and Distribution networks. 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. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. [email protected] Sad Business School University of Oxford Park End Street Oxford OX1 1HP Profile David Russell has joined Sad Business School as an Executive in Residence, after having led the Education and Training Foundation (ETF) in England as CEO for 8 years and having previously served the UK government for 16. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. In Equis, all the senior people feel like theyre involved in the decision-making process and in terms of remuneration, its a meritocracy here. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. MELPOMENE: Have you ever been forced to rethink your life? 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. Greater Newcastle Area. MELPOMENE: The project developers dont have the discretion to make decisions locally? Ltd. Equis has also secured land rights over an additional 2,000 hectares allowing for an additional 1,000MWAC of large scale solar projects to be constructed over the near term. But he also told me theres no law stating that you cant act unreasonably [laughs]. But what were we adding back to society? The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. Its not all hindsight. Now the four-car basement garage is expanding to fit six, while the basement will accommodate a theatre, rumpus room, wine cellar, arcade room, plus a "modelling/crafts" room. 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. We felt that we deserved to be paid well because we were certainly working hard. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. Its not just gratuitous giving. We're sure the builders are observing strict social distancing protocols during stage four lockdown. We started to participate because we saw an opportunity to make good money and invest in a growing sector. Equis' team brings focus, experience, passion and conviction. MELPOMENE: Why did you decide to target Asian markets? Equis Energy had a clear strategy of developing and constructing renewable energy generation assets in Asian rural areas, and David mandated that each investment support the health, education and infrastructure of the communities in which each asset was located, changing the lives of thousands of vulnerable parents and children. 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. All rights reserved. Senectus et netus et malesuada fames ac turpis egestas sed. Kahn thought Anton was like Cary Grant. 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. David Russell. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. A good thing, no doubt. But even if we were to assume no change in battery technology, over the next 4 or 5 years, we need another $1.1 trillion just for the renewable energy space in Asia. Not the David Russell you were looking for? Good Graces Doesnt Need Much to Get in Your Good Books, Tiger Artist Tan Seng Yong Captures War and Peace Through His Work, Never-Seen-Before Exhibition of Andy Warhols Photography at Hotel Bel-Air, Singapores Oldest Living Pioneer Artist Has an Exhibition and Book Out, Artist Camilla Engstrm Is What the World Needs Right Now, The Lowdown on Barcelonas Most Stylish Hotel, The Standard Set to Open Its Asia Flagship Hotel in May, Why This Space-Inspired Luxury Camp in Antarctica Costs US$65,000, The Destination You Should Visit in 2022, Based on Your Chinese Zodiac, Bang & Olufsens New Beosound Theatre Is the Best Soundbar Out There, Hublot Drops Limited-Edition Watch With Crypto Company Ledger, The SaleSales Dempsey Pop-Up Offers Luxury Fashion Deals From Famous Brands, Bang & Olufsen and CLOT Release Blood Red Beosound A1 Speaker, Rolls-Royce Spectre: The Worlds Most Luxurious Electric Car, Lamborghinis Urus Performante Is a Next-Level Super SUV, Aston Martin Has Built Its First DBX707 Customer Car, Self-Partnership Isnt Just for Single People, Tan Kheng Hua: Stay-Home Notice? 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. 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. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group. Those inside the restaurant overheard the dinner was held to mark his release from jail. 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: Has ownership changed your motivation towards work? He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. She tells CBD she will be based in Sydney, rather than the comparison sites Brisbane headquarters. Youre right at the table with them as a trusted advisor. Marsh was revealed as the buyer of a knock-down-rebuild in Mosman for $6.88 million, as well as a waterfront in Noosa Heads for about $4 million, also slated for redevelopment. 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. 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. I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. Although what relationship she has with the government given its voracious criticism of her reporting will be interesting. David Russell, Equis Chairman, said, "As AsiaPacific's largest renewable energy IPP, Equis is excited about leveraging its economies of scale in the growing Australian market to deliver lowcost renewable energy. In 2011, David established Equis Energy. Credit:Jason South. You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. Yes, Only if Its Forma. David Russell Full Name: David Charles Russell Company: Equis Pte. 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. 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. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. Brighton Grammar old boy puts new $5.9m spin on Shane Warne's former pad. People start thinking that these are the bad guys, but based on my experience, its not the case. Liz has over 14 years' experience of statutory planning experience within the infrastructure and renewable energy sector in Australia. 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. 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: 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%. When I interview young people now, I hear more and more of them talk about work-life balancesomething that we never talked about when I was younger. DAVID: Thats the million-dollar question. Its important to humble yourself. She wasnt joking. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? 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. 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.. Russell received his M.F.A. DAVID: It was awesome! Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. 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. Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. Celebrity food writer Melissa Leong and chef Kylie Kwong are relegated to the inside cover, alongside Jimmy Barnes. Apparently Pell was flanked by a number of priests. Where does the fallout from the Adani crisis take India now? The combined power and large-scale generation certificates price of the Tailem Bend Solar Project is approximately 40% less than prevailing South Australian market prices, delivering significant savings to South Australian consumers. Outside of work, its important to be approachable and to talk to people, grab a beer with them, and let them know that I shouldnt be treated differently. Its a matter of how theyll be utilised. Monash University. Its human to fear what you dont understand. Marshs spending spree only came to light after he settled on his Mosman purchase of a 1940s house on waterfront reserve in Clifton Gardens from the Rosenthal family. DAVID: I sound really old when I say this [laughs], but I feel there is a generational shift. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. DAVID: Years ago, we were just moving paper around. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. Founding partner and CEO, Equis Development, Equis CEO David Russell is a key player in the Asia Pacific regions renewable energy game. We definitely know a lot of people, but this business was not built on that. As for the finance background, well, youve got to know the numbers when it comes to running a business. 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. Founding partner and chief executive David Russell has reportedly paid close to $20 million for the Melbourne 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 of IT entrepreneur Danny Wallis. David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. 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. Musk Made a Mess at Twitter. Ltd. I dont think solar and wind per se will be obsolete, theyll always be utilised because theyre efficient and environment friendly. Congratulations to the Class of 2020, recording our best ever results. 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. They had reason to celebrate. He has also written two books. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. 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. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. in Public Practice from Otis College of Art and Design in 2011. They are part of C-Suite Department and their management level is C-Level. We acknowledge that our school is on the Country of the people of the Kulin Nations. We care about delivering the best outcomes for our stakeholders and our collective experience allows us to develop high quality projects. They had reason to celebrate. These days, Equis Development is setting its sights on consolidating its position in Asias renewable energy and biomass power generation markets, having developed more than 200 renewable energy and waste infrastructure projects across the region. If anything we are quite an introverted group, but we knew what we were talking about. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. DAVID: Yes, and theyve gone down a certain path that they may not even be aware of until they eventually just take it too far in trying to make money. 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. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. DAVID: I do. 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: People dont understand the industry, its very complex and even I dont understand some parts of it. MELPOMENE: How do you envision the use of renewables in ten years time? 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. After building the Korean private equity business, I felt that it was time to do it myself rather than rely on an institutional brand.