Find out more. 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? If anything we are quite an introverted group, but we knew what we were talking about. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. 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. 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.
About Us - Equis Development Pte. Ltd. In the battery sector, the prices are falling but their performance is improving. 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. Empower. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. 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. When I stepped out on my own, the thing that surprised me the most was that a lot of my relationships were premised on the basis that I was quite senior at Macquarie. She tells CBD she will be based in Sydney, rather than the comparison sites Brisbane headquarters. DAVID: Broadly speaking, it can affect investor confidencefor example, when the coups in Thailand hit the papers, people started calling us to ask about their investments. 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.
David Russell is buying the real estate dream | The Australian Equis Commissioned over 400MW of Renewable Energy Projects Celebrity food writer Melissa Leong and chef Kylie Kwong are relegated to the inside cover, alongside Jimmy Barnes. In 1998, David joined Macquarie Group, where he spent 12 years. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. "It was like the last supper," one onlooker said. 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. Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. DAVID: I do. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, CEO/Partner/Co-Founder, Equis Funds Group. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT 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. Called the Lady E, it's available to charter for a cool $767,840 a week. Hartford, Connecticut, United States. 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. 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. The strategy of remaining quiet has worked well, but its now time to engage. Those inside the restaurant overheard the dinner was held to mark his release from jail. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. Its human to fear what you dont understand. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. 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. David Russell Full Name: David Charles Russell Company: Equis Pte. He has also written two books. So by removing the glass ceiling, we dont lose our senior people as we grow. Prior to joining Equis, he worked as a commercial lawyer specialising in litigation and dispute resolution for 4 years. You can only aspire to be like them. Prior to joining Equis, Liz held planning and permitting roles at Goldwind.
Equis awarded Taiwan's largest solar project at 70MW - PV Tech Home | David K. Russell MELPOMENE: Is it important that the work you do creates value for society? DAVID: They worked hard. DAVID: Ive been forced to rethink of my priorities and came to the realisation that family is always number one to me.
CRICOS Provider Code: 00132K. I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. 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. Over there, our local guys are empowered to identify and drive growth from bottom up. 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. DAVID: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. In 10 years, buildings can be fitted with solar panels and your phone could double as a storage device. MELPOMENE: What gave you the foresight to begin investing in renewable energy in 2011? 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. 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. 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. While were driving for business success, we formally make a point to give back to the community. Monash University. While were driving for business success, we formally make a point to give back to the community. People start thinking that these are the bad guys, but based on my experience, its not the case. 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. MELPOMENE: Warren Buffet said that a big problem in the boardroom is that nobody wants to criticise the CEO. Thomas has over 20 years experience working in a range of business development and energy trading roles. One George Street, Singapore 049145 That grew to be OzHarvest. 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 Eugene Russell Net Worth (2023) | wallmine Our locally based staff boast a strong understanding of rural and regional Australia. DAVID: Thats the million-dollar question. It could become micro power grid systems where power is generated and distributed locally. But there are a number of governments that came up with programmes to encourage investments in renewable energy. 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. 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 . You connect it to the building, charge it up, and take it home to generate electricity for your house. Privacy Policy. He has delivered assets in Europe, Middle East and Australia. 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]. Bibendum arcu vitae elementum curabitur vitae nunc sed velit. But most importantly, if you want to be successful, youll have to work hard. On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. 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.. All rights reserved. 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, 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 . 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. Apr 2022 - Present11 months. in Public Practice from Otis College of Art and Design in 2011. The memoir coming out later this year is expected to dish on a nasty stoush with ABC management after Alberici published an economics comment piece which incensed the Turnbull government so much so it sent several letters of complaint to the ABC.
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. . 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. 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. The Tailem Bend Solar Project will be one of the lowest cost solar projects in Australia. DAVID: It was awesome! Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. 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. Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. MELPOMENE: The project developers dont have the discretion to make decisions locally? MELPOMENE HUA: Why did you decide to be profiled after years of being under the radar? 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. 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. Were working to restore it.
Equis Wins Public Tender to Develop Taiwan's Largest Solar Project US$5 billion sale of Equis Energy prompts Craig Marsh's high - Domain MELPOMENE: Why did you decide to target Asian markets? When I started out of university, my peer group worked really hard and they were more dedicated. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior . Vignesh has over 7 years experience in infrastructure investment and development across Asia. Modest Rally in Asian Equities Expected as Regional Economies Remain Supportive and Valuations Reasonable, Dubai-Based Real Estate Developer Omniyat Launches Ultra-Luxury Beachfront Residences, Singapore Buyers Show Strong Interest in Mixed-Use Development in Londons Vauxhall, This Residential Tower in Dubai Features Interiors by Pagani, What to Expect at the Newly Reopened I12 Katong Retail Mall, Are You a HNWI? Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. Tell-all memoir: Ronni KahnCredit:Illustration: John Shakespeare. 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. We are committed and responsive to the communities we serve. The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. 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? If theres a physical tussle over the South China Sea, its not going to affect our facilities. Consequat id porta nibh. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group.
David Russell - Oakland, California, United States - LinkedIn Not the David Russell you were looking for? 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). Kahn thought Anton was like Cary Grant. Craig Marsh settled upon a black McLaren with carbon-fibre trims. Mindy has over 14 years experience in infrastructure, power and renewable energy in Australia and South East Asia. But there are a number of governments that came up with programmes to encourage investments in renewable energy. 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. They had reason to celebrate. Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. Prior to joining Equis, Damian spent over 18 years at Macquarie and was the Head of Infrastructure, Utilities and Renewables (Australia and New Zealand) for Macquarie Infrastructure and Real Assets, one of the worlds largest infrastructure owners and developers. And guess who was right? In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs. MELPOMENE: Why did you decide to strike out on your own?
David Russell email address & phone number | Equis Chief Executive In Asia, power has always been the number one sector to invest in, not renewable energy.
David Russell Archives - Saving with Solar Its not just gratuitous giving. DAVID: Skydiving! Ed has managed $13b of electricity regulated and commercial assets as GM for AusNets Transmission and Distribution networks. 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. 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. 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.
David Russell | Sad Business School My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. 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. Everything comes back to the numbers. 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. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. Will His AI Plans Be Any Different? "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. Does Joo Chiat Need Another Italian Joint? 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. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. MELPOMENE: Whats one thing off the top of your head? 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. All rights reserved. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. Ltd. Its not all hindsight. MELPOMENE: Hasnt that kind of short-term focus change with the increasing number of young people becoming entrepreneurs?
Equis Wins Public Tender to Develop Taiwan's Largest Solar Project Senectus et netus et malesuada fames ac turpis egestas sed. MELPOMENE: You were well-connected and had the expertise, but was it still a risky move? Employ over 400 people during the construction phase. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Ed is a PhD-qualified grid connection expert with over 25 years of experience in renewable energy generation, transmission and distribution. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. Interest is certainly high. There is no substitute for hard work. 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. Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. Others Named David Russell. But the reality is that our investments have never been touched by any of these political instabilities and I think thats a credit to the regulatory regimes. 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. David is also . 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. Representatives for the Catholic Church and Pell did not return calls and emails on Thursday. Emma Alberici has landed a new gig, and, as promised, it's not on TV. We started to participate because we saw an opportunity to make good money and invest in a growing sector. 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. Additionally, he has held various senior roles with companies such as WePower, AbsoluteClimo, European Energy Exchange, ASX Energy and Deutsche Bank. And yet, whatever the package contained, I was willing to put up with it," Khan and co-author Jessica Chapnik Kahn write. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. We felt that we deserved to be paid well because we were certainly working hard. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 Brighton Grammar old boy puts new $5.9m spin on Shane Warne's former pad. EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). We're sure the builders are observing strict social distancing protocols during stage four lockdown. MELPOMENE: Have you ever been forced to rethink your life?
David Russell - Brighton Grammar: Leading Private School | Boys' School DAVID K. RUSSELL. When I left my previous employer, I didnt realize how risky it actually was. DAVID: Its all relative. 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 CommunicationsDaniel.lee@venaenergy.com, Juwon ChaeGroup Head, Sustainability and Investor RelationsIR@venaenergy.com.
Copyright 2023 Equis Development Pte. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. A good thing, no doubt. Congratulations to the Class of 2020, recording our best ever results.
David Russell - Chief Executive Officer & Pa.. - Equis | ZoomInfo The Projects will involve a capital investment of approximately A$400 million. But what has changed is the level of desperation applied to the business when its your own. 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 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? He was far, far from perfect. 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.. MELPOMENE: Do you ever watch popular films that depict the financial industry? Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. And thats very important because we now have 84 projects totaling close to 8 billion dollars. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. Tel: +65 6220 0040, Legal Notice & Terms of Use But her kids thought he was a phoney. 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. Save 407.2 million litres of water each year (when compared with the water usage of coal fired power plants).
David Russell - Crunchbase Person Profile Lady E: David Russell's birthday bash gets Brighton - Heraldsun But what were we adding back to society? 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. Credit:Jason South. We also bought businesses, made them better and sold them off. The estimated Net Worth of David Eugene Russell is at least $45.3 Million dollars as of 11 November 2021. Its interesting how that has come full circle. 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. We care about delivering the best outcomes for our stakeholders and our collective experience allows us to develop high quality projects. Our purpose is to help current and future generations of Australians and we wont stop until we doso. But he also told me theres no law stating that you cant act unreasonably [laughs]. So guests at Sydneys Alfredo restaurant at Circular Quay did a double take when they walked into the harbourside institution and spotted the Cardinal on Wednesday evening. MELPOMENE: How has it been different at Equis? DAVID: Technology and mindsets are evolving rapidly. 2023 Tatler Asia Limited. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. 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. So while I was growing and being mentored, I had that slight frustration. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed.
David Charles Russell - Equis Pte. Ltd. - privatefunddata.com Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. We were also growing rapidly and did not want to give our competitors advance knowledge of what we were doing.