This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. Will Others Follow? He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". 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 Co-Founder, Managing Director. He sold Equis Energy, which he founded in 2011, for (US) $5bn in 2017. 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. See reunion dates, update your details and give to BGS. 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. See our. Monash University. 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. MELPOMENE: Has ownership changed your motivation towards work? Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. 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. Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. Those inside the restaurant overheard the dinner was held to mark his release from jail. Kahn thought Anton was like Cary Grant. 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%. He covers the Asia Pacific region and is based in Singapore. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. "I understand now how people can love a person who does awful things. DAVID: We have that in our business model by having compensation tied to the performance of the business through carried interest. 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. Russell received his M.F.A. The Tailem Bend Solar Project will be one of the lowest cost solar projects in Australia. 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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. Do you worry about that? Craig Marsh settled upon a black McLaren with carbon-fibre trims. Ed is a PhD-qualified grid connection expert with over 25 years of experience in renewable energy generation, transmission and distribution. China Equities: Yesterdays Story or More Compelling Than Ever? DAVID: Ive been forced to rethink of my priorities and came to the realisation that family is always number one to me. DAVID: Technology and mindsets are evolving rapidly. 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. Ltd. In Asia, power has always been the number one sector to invest in, not renewable energy. Please try again later. They had reason to celebrate. But there are a number of governments that came up with programmes to encourage investments in renewable energy. 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. He has also written two books. There is no substitute for hard work. He has delivered assets in Europe, Middle East and Australia. in Painting/ Art History from the University of Tulsa. 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. Its important to humble yourself. In 10 years, buildings can be fitted with solar panels and your phone could double as a storage device. When I started out of university, my peer group worked really hard and they were more dedicated. 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. Chris Wright is Asia editor. Empower. US$5 billion sale of Equis Energy prompts Craig Marsh's high end real estate splurge, The Rosenthal family owned this three-bedroom house at Clifton Gardens since the 1940s. 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. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. 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). David Russell VZIO stock SEC Form 4 insiders trading We're sure the builders are observing strict social distancing protocols during stage four lockdown. MELPOMENE: They went silent because you left Macquarie? 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. All rights reserved. MELPOMENE: How has it been different at Equis? But her kids thought he was a phoney. 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. 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. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 A good thing, no doubt. Apr 2022 - Present11 months. He was charming and once flew her to Hong Kong for dinner. 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. They used to work at Macquarie. For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. 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 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. 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? That grew to be OzHarvest. 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 . But most importantly, if you want to be successful, youll have to work hard. When I left my previous employer, I didnt realize how risky it actually was. David Russell has 3 current jobs including CEO at Equis Funds Group, Director at Equis Energy, and Managing Director at Equis. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. They are part of C-Suite Department and their management level is C-Level. 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. At work, I am direct with people and I encourage them to be the same with me. Singapore, 27 March, 2017 In 2015, Equis, Asias largest independent renewable energy investor, commissioned nine (9) solar, wind and hydro projects in India, Japan and the Philippines, with a total generation capacity of 407.4 MW. You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. 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. Daniel LeeGroup Head, Corporate CommunicationsDaniel.lee@venaenergy.com, Juwon ChaeGroup Head, Sustainability and Investor RelationsIR@venaenergy.com. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group. Shane Warne sold the Brighton mansion for about $20m in 2018. If anything we are quite an introverted group, but we knew what we were talking about. As Asia's largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the world's fastestgrowing renewable energy market We acknowledge that our school is on the Country of the people of the Kulin Nations. 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: The project developers dont have the discretion to make decisions locally? Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. DAVID: Years ago, we were just moving paper around. Liz has over 14 years' experience of statutory planning experience within the infrastructure and renewable energy sector in Australia. His work has included regulatory advice, project delivery advice, and transactional advice. He was far, far from perfect. MELPOMENE: Was your background crucial to your success? 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. 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. Were working to restore it. He led Equis development of wind and hydro projects in India. 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. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. 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. We started to participate because we saw an opportunity to make good money and invest in a growing sector. David currently resides in Singapore and was on Singapore Tatlers list of Most Influential People in 2016 and 2018. 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. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. But to get to a certain point you have to think forward and consider all the paths and possibilities. But there are a number of governments that came up with programmes to encourage investments in renewable energy. MELPOMENE: How do you envision the use of renewables in ten years time? CBD hears that her ABC redundancy payout was in the vicinity of $300,000. We acknowledge that our school is on the Country of the people of the Kulin Nations. Equis Funds Group CEO 2010 Equis Energy Director Equis Managing Director Education What: Equis is focused on the development, construction, ownership and operation of energy, including renewable and hybrid (gas and renewable) systems, bioenergy and waste processing, and waste recovery infrastructure assets. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. Pell, according to CBD spies, was seated at the middle of a long table, with about a dozen people, and knew some of the guests at smaller tables flanking the high table. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. We care about delivering the best outcomes for our stakeholders and our collective experience allows us to develop high quality projects. On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. 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? Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730. We think in 5 years, it will revolutionise utility-scale power and in 10 years, it may completely revolutionise power. MELPOMENE: Those who behave egregiously are a very small percentage of the industry. 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. Theres a whole bunch of things on there that I really dont want to do [laughs]. Athletes' ambitions don't end when they leave the field of play. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. Our purpose is to help current and future generations of Australians and we wont stop until we doso. 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. MELPOMENE: Why did you decide to strike out on your own? 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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. 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. 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. In 2011, David established Equis Energy. DAVID: When we first set up Equis, foreign investors wanted to talk about China and India, and they werent focused on markets like Thailand and the Philippines. Ltd. At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. 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. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. 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]. MELPOMENE: Skadden has a terrific reputation, how was it like working there? Additionally, he has held various senior roles with companies such as WePower, AbsoluteClimo, European Energy Exchange, ASX Energy and Deutsche Bank. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior . We definitely know a lot of people, but this business was not built on that. Everything comes back to the numbers. 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. MELPOMENE: Do you think that giving people ownership is the way to motivate them? In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs. 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. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. The strategy of remaining quiet has worked well, but its now time to engage. 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. 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 $18 million for the Sunshine Beach house of IT entrepreneur Danny Wallis. Snowy Hydro has agreed to purchase 100% of the power produced from the Tailem Bend Solar Project for at least 22 years. MELPOMENE: Is what you know or who you know more important? Damian has 23 years of infrastructure investment experience, with over 17 years experience in Asia Pacific, and has completed over AUD$ 27 billion of transactions across various sectors including renewable and conventional energy, telecommunications, waste, greenfield development, PPPs, and transportation. While were driving for business success, we formally make a point to give back to the community. David is also . Were a lot happier not only making money but also making a difference. 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. David Russell owns over 45,212 units of Vizio stock worth over $35,578,497 and over the last 2 years David sold VZIO stock worth over $9,742,692. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). Its not just gratuitous giving. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. 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.. He has delivered assets across the Asia-Pacific. 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. 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