For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. 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? 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. Congratulations to the Class of 2020, recording our best ever results. 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. We started to participate because we saw an opportunity to make good money and invest in a growing sector. We care about delivering the best outcomes for our stakeholders and our collective experience allows us to develop high quality projects. California Weighs $360,000 in Reparations to Eligible Black Residents. Interest is certainly high. being driven to the Seminary of the Good Shepherd. 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. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. In 10 years, buildings can be fitted with solar panels and your phone could double as a storage device. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". DAVID: I do. All rights reserved. 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. 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. Theres a whole bunch of things on there that I really dont want to do [laughs]. 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. 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. Our purpose is to help current and future generations of Australians and we wont stop until we doso. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. That grew to be OzHarvest. Craig Marsh settled upon a black McLaren with carbon-fibre trims. Construction of the Collinsville North Solar Project is expected to commence in 2017. Everything comes back to the numbers. She wasnt joking. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. MELPOMENE: Those who behave egregiously are a very small percentage of the industry. They had reason to celebrate. Apparently Pell was flanked by a number of priests. MELPOMENE: Did your legal and finance background help you in this field? David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. MELPOMENE: Warren Buffet said that a big problem in the boardroom is that nobody wants to criticise the CEO. MELPOMENE: How do you envision the use of renewables in ten years time? David Russell Additionally, he has held various senior roles with companies such as WePower, AbsoluteClimo, European Energy Exchange, ASX Energy and Deutsche Bank. 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. 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. That makes you focus harder, question harder and dig deeper until youre personally satisfied with solutions. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. In 1998, David joined Macquarie Group, where he spent 12 years. Bibendum arcu vitae elementum curabitur vitae nunc sed velit. 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]. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. But her kids thought he was a phoney. The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. This website uses cookies to improve your experience. 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. You connect it to the building, charge it up, and take it home to generate electricity for your house. Save 407.2 million litres of water each year (when compared with the water usage of coal fired power plants). 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 is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT 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? Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. 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. CBD hears that her ABC redundancy payout was in the vicinity of $300,000. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. In 2011, David established Equis Energy. 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. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. 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 He has delivered assets across the Asia-Pacific. They had reason to celebrate. Tell-all memoir: Ronni KahnCredit:Illustration: John Shakespeare. 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. If anything we are quite an introverted group, but we knew what we were talking about. Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. 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. One George Street, Singapore 049145 DAVID: Even though Im the CEO, the decision-making is a collective process. MELPOMENE: They went silent because you left Macquarie? 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. 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. 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. We acknowledge that our school is on the Country of the people of the Kulin Nations. MELPOMENE: Was your background crucial to your success? 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, 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. Its not all hindsight. Called the Lady E, it's available to charter for a cool $767,840 a week. Craig Marsh settled upon a black McLaren with carbon-fibre trims. David is also . 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. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. Its not just gratuitous giving. 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. We are committed and responsive to the communities we serve. Yes, Only if Its Forma. 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 . I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. Secondly, hierarchical environments create ceilings and politics. By submitting this form, I agree to these terms and conditions. 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