david russell, equis

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. Apr 2022 - Present11 months. in Public Practice from Otis College of Art and Design in 2011. "It was like the last supper," one onlooker said. Do you worry about that? This website uses cookies to improve your experience. 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. And guess who was right? 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. Once I became nobody, a lot of those people actually went silent. Credit:Jason South. MELPOMENE: Do you find that theres a biased perception against the financial industry, particularly after the 2008 financial crisis? David Russell It plans to commit more than US$2billion into renewable energy and waste infrastructure assets across Australia, Japan and South Korea over the next twoyears. One George Street, Singapore 049145 Bryce has deep experience in the Energy and Infrastructure sectors, having worked on multiple global transactions totalling over AUD$ 27bn. 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. This is firstly because Ive observed that as people become more autocratic, their decision-making becomes skewed and over time, they start to make costly mistakes, and very quickly theyre gone. While were driving for business success, we formally make a point to give back to the community. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group. 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. They used to work at Macquarie. DAVID: Even though Im the CEO, the decision-making is a collective process. 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. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. Musk Made a Mess at Twitter. Equis' team brings focus, experience, passion and conviction. 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. He also has extensive investment and Mergers and Acquisitions experience in renewable energy across Asia. Both plants will also be designed as battery-storage ready further enhancing their long term attractiveness as stable, low cost sources of power, added Mr Russell. Did you feel restricted by that? Snowy Hydro has agreed to purchase 100% of the power produced from the Tailem Bend Solar Project for at least 22 years. CRICOS Provider Code: 00132K. Alberici starts on Monday. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. 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. 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. He has delivered assets across the Asia-Pacific. 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? Where does the fallout from the Adani crisis take India now? Ed has managed $13b of electricity regulated and commercial assets as GM for AusNets Transmission and Distribution networks. Privacy Policy. MELPOMENE: Skadden has a terrific reputation, how was it like working there? See our. Over 22 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Director & Board Member of Denham Capital Asia Pacific. 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. Youre always very careful when you speak to people and you disagree politely, rarely do people ever thump the table and storm out like they do in movies. But what has changed is the level of desperation applied to the business when its your own. "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. When I started out of university, my peer group worked really hard and they were more dedicated. 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. You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. 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. 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). I think that helps people remain human in this business. MELPOMENE: Steve Jobs said that you can only connect the dots looking backwardsis that true of your experiences? MELPOMENE: Did your legal and finance background help you in this field? David.Russell@sbs.ox.ac.uk 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. The other guests in the restaurant said they had to pinch themselves. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 Russell received his M.F.A. The Tailem Bend Solar Project will be one of the lowest cost solar projects in Australia. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. In the spirit of reconciliation Equis acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. 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. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? 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. A good thing, no doubt. 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. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. Now more than ever, players rightly see themselves as multi-faceted entrepreneurs, and seek ways to leverage their brands in everything from real estate to venture capital. 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. 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. We acknowledge that our school is on the Country of the people of the Kulin Nations. She wasnt joking. Were a lot happier not only making money but also making a difference. The knock-down rebuild of the rear of the house will feature two linked pavilions and include a dining and kitchen space as well as rumpus room, a master bedroom and gym. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. China Equities: Yesterdays Story or More Compelling Than Ever? We definitely know a lot of people, but this business was not built on that. In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. David Russell Regional Sales Manager NSW/ACT at Dialight APAC - World Leader In Hazardous and Industrial LED Lighting solutions . 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. Prior to joining Equis, he was the Head of Trading and Wholesale Markets at Goldwind Australia. Vignesh has over 7 years experience in infrastructure investment and development across Asia. One of my early mentors said, David, if theres one thing I can teach you about doing business is that whatever you do, you must always act lawfully. And that has always stuck with me. Prior to joining Equis, Vincenzo held roles with Canadian Solar, Raygen Resources, ABB and various European solar companies and technology providers. DAVID: Its definitely not who you know. In Asia, power has always been the number one sector to invest in, not renewable energy. Ed is a PhD-qualified grid connection expert with over 25 years of experience in renewable energy generation, transmission and distribution. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. Copyright 2023 Brighton Grammar School. 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. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. In 1998, David joined Macquarie Group, where he spent 12 years. 2023 High Net Worth All rights reserved. Employ over 400 people during the construction phase. 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. MELPOMENE: Why did you decide to target Asian markets? But her kids thought he was a phoney. 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 $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? We wish to honour the connection to Country of all Aboriginal and Torres Strait Islander peoples and pay respect to their Traditional Custodians and Elders past, present and emerging. It could become micro power grid systems where power is generated and distributed locally. MELPOMENE: Whats one thing off the top of your head? Pell, according to CBD spies, was seated at the middle of a long table, with about a dozen people, and knew some of the guests at smaller tables flanking the high table. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. Emma Alberici has landed a new gig, and, as promised, it's not on TV. But to get to a certain point you have to think forward and consider all the paths and possibilities. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. MELPOMENE: Has ownership changed your motivation towards work? We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. 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. 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. Tel: +65 6220 0040, Legal Notice & Terms of Use Head of Acquisitions, Macquarie Korea Infrastructure Fund (KOSPI), Bachelor of Commerce, LL.B, Canterbury University, NZ, Over 28 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Macquarie Senior Managing Director & Head of Infrastructure Advisory for Korea and North Asia, Bachelor of Arts (Hons), Major in Business Economics, UC Santa Barbara, MBA, Sloan School of Business, MIT, Investments, Australia & New Zealand Equis since 2010, Over 28 years of Asia-Pacific infrastructure investment and advisory experience, having raised and invested over US$5bn of equity for Asian private equity, Former Macquarie Senior Managing Director & Head of Greater China & Asian Private Equity, Utilities lawyer, Skadden Arps (Washington DC) & Minter Ellison (Melbourne), Bachelor of Economics (Hons), LL.B (Hons), Monash University, Over 25 years of infrastructure investment experience, with 19 years in Australia, Bachelor of Commerce (Hons), Bachelor of Laws (LLB), Deakin University, Advanced Management Program, Harvard Business School, Over 17 years of Asian private equity and infrastructure investment experience, Former Macquarie Vice President & Head of Acquisitions MENA (Abu Dhabi), MKIF investment team (Korea), Bachelor of Economics, Seoul National University, 1 George Street #23-03 On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. 2023 Tatler Asia Limited. DAVID: Its all relative. 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. We acknowledge that our school is on the Country of the people of the Kulin Nations. 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. He covers the Asia Pacific region and is based in Singapore. Representatives for the Catholic Church and Pell did not return calls and emails on Thursday. We think in 5 years, it will revolutionise utility-scale power and in 10 years, it may completely revolutionise power. The estimated Net Worth of David Eugene Russell is at least $45.3 Million dollars as of 11 November 2021. Its important to humble yourself. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. 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. Equis Funds Group CEO 2010 Equis Energy Director Equis Managing Director Education His work has included regulatory advice, project delivery advice, and transactional advice. DAVID: Absolutely. Alberici's new gig is chief strategy government relations and communications officer. 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. 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]. Search. At one point, Pell who was dressed in what one observer described as "priestly regalia" gave a short speech and toast. Prior to joining Equis, Liz held planning and permitting roles at Goldwind. Does Joo Chiat Need Another Italian Joint? He led Equis development of wind and hydro projects in India. 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 . Our experience, expertise, proven track record and strong relationships allow us to develop world-class energy assets on time, on budget and to the highest standard. 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. Bibendum arcu vitae elementum curabitur vitae nunc sed velit. Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. Theres a whole bunch of things on there that I really dont want to do [laughs]. As the CEO and Chairman, David grew Equis Energy to become Asia-Pacifics largest renewable energy generator. 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 . EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. You connect it to the building, charge it up, and take it home to generate electricity for your house. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. 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. You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. After building the Korean private equity business, I felt that it was time to do it myself rather than rely on an institutional brand. MELPOMENE: Is it important that the work you do creates value for society? 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. I use a decision tree in that process and find that if you have the ability and willingness to think through the entire tree, you can map out where youre heading with a fair degree of certainty. MELPOMENE: How do you envision the use of renewables in ten years time? Thats My Happy Place!, Rediscovering Myself Through My Sons Special Needs, Dr Wealths Alvin Chow: I Turned My Passion Into a Mission, Meet Shin Lim, the Magician Who Wowed America, This New Clinic Wants You to Get Proactive About Preventive Care, Graphic Artist Malika Favre on Pioneering Her Own Pop and Op Art Style, The World of Cats According to Author-Illustrator Susie Yi, Influential Brands Survey Shows How Prominent Brands in Singapore Overcame Covid-19 Challenges, The Secret to Beijing Tong Ren Tangs 350-Year Longevity, Influential Brands Launches Two New Platforms for Business Leaders and Influencers, Why Raffles Hotel Singapore Is One of the Best Companies to Work for. Interest is certainly high. His thesis and work explore the . 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. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. Craig Marsh settled upon a black McLaren with carbon-fibre trims. Yes, Only if Its Forma. 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. For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. 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. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT 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.

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