david russell, equis

Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. He was far, far from perfect. 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. MELPOMENE: Why did you decide to strike out on your own? In Equis, all the senior people feel like theyre involved in the decision-making process and in terms of remuneration, its a meritocracy here. 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. Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. 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. There are already storage systems that are very profitable, and one of them is pump storage. 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. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. 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, Equis Managing Director, stated "Jara represents a pivot by Equis into more integrated renewable energy David Russell, partner and co-founder of Equis comments, "Following a number of significant and successful divestments including the sale of the Equis Energy portfolio to Global Infrastructure Partners, we have identified significant new investment and growth opportunities and Mark's appointment to the partnership will significantly strengthen . 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. 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]. We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. Were a lot happier not only making money but also making a difference. Youre right at the table with them as a trusted advisor. After building the Korean private equity business, I felt that it was time to do it myself rather than rely on an institutional brand. Equis' team brings focus, experience, passion and conviction. US$5 billion sale of Equis Energy prompts Craig Marsh's high end real estate splurge, The Rosenthal family owned this three-bedroom house at Clifton Gardens since the 1940s. Bryce has deep experience in the Energy and Infrastructure sectors, having worked on multiple global transactions totalling over AUD$ 27bn. One George Street, Singapore 049145 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. He has also written two books. Were working to restore it. But most importantly, if you want to be successful, youll have to work hard. 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. 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. The Tailem Bend Solar Project will be one of the lowest cost solar projects in Australia. 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. . China Equities: Yesterdays Story or More Compelling Than Ever? In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. While were driving for business success, we formally make a point to give back to the community. DAVID: Ive watched a couple and I always cringe [laughs]. David is also . So by removing the glass ceiling, we dont lose our senior people as we grow. David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. Alberici starts on Monday. MELPOMENE: Whats one thing off the top of your head? He led Equis development of wind and hydro projects in India. MELPOMENE: Why did you decide to target Asian markets? 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. Called the Lady E, it's available to charter for a cool $767,840 a week. "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. On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group. 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). 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. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. 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. David Russell VZIO stock SEC Form 4 insiders trading Did you feel restricted by that? Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. 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. DAVID: My legal background helped me because it gave me discipline and an eye for detail. DAVID: They worked hard. 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. 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. MELPOMENE: Warren Buffet said that a big problem in the boardroom is that nobody wants to criticise the CEO. He covers the Asia Pacific region and is based in Singapore. Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. 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. Andrew has over 20 years' experience with energy infrastructure projects, specialising in thermal energy project development and construction. Greater Newcastle Area. We felt that we deserved to be paid well because we were certainly working hard. In Asia, power has always been the number one sector to invest in, not renewable energy. He has delivered assets in Europe, Middle East and Australia. Another guest wore a blazer bearing an Order of Australia gong on their lapel. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. 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. That grew to be OzHarvest. DAVID: People dont understand the industry, its very complex and even I dont understand some parts of it. Search. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. When we set up Equis, we told ourselves that were actually building stuff for once, everything weve doneweve actually built ourselves and without us, it will all just be flat land. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. If anything we are quite an introverted group, but we knew what we were talking about. By submitting this form, I agree to these terms and conditions. Apparently Pell was flanked by a number of priests. Co-Founder, Managing Director. Copyright 2023 Brighton Grammar School. Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. 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. Athletes' ambitions don't end when they leave the field of play. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. Chris Wright is Asia editor. Equis Funds Group CEO 2010 Equis Energy Director Equis Managing Director Education At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730. A good thing, no doubt. Everything comes back to the numbers. We also bought businesses, made them better and sold them off. Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. DAVID: Even though Im the CEO, the decision-making is a collective process. The estimated Net Worth of David Eugene Russell is at least $45.3 Million dollars as of 11 November 2021. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. Kahn thought Anton was like Cary Grant. It could become micro power grid systems where power is generated and distributed locally. Our locally based staff boast a strong understanding of rural and regional Australia. Its important to humble yourself. 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. 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. 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. 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: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. When the money cleared, the partners of Equis went shopping to celebrate. We acknowledge that our school is on the Country of the people of the Kulin Nations. DAVID: Theres an element of that. Over there, our local guys are empowered to identify and drive growth from bottom up. 2023 Tatler Asia Limited. But there are a number of governments that came up with programmes to encourage investments in renewable energy. We acknowledge that our school is on the Country of the people of the Kulin Nations. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . 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. 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: The plant operations, business development and growth are in other Asian countries such as the Philippines, Japan and India. 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. 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. DAVID: Its all relative. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. Equis Energy , AsiaPacific's largest renewable energy IPP, has been awarded a contract by Taiwan's Ministry of Economic Affairs' Bureau of Energy (BOE) to develop a 70.2 MW solar project in Chiayi County's Yizhu Township. 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. 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. 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. You can only aspire to be like them. Hartford, Connecticut, United States. Ltd. MELPOMENE: Do you ever watch popular films that depict the financial industry? People say that Asia is developing, but their frameworks are far more developed than those in Europe. But to get to a certain point you have to think forward and consider all the paths and possibilities. 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. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. 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. 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 . The project will be Taiwan's largest solar project and was part of a twosite public tender.Equis won both tenders, and in accordance [] Alberici vowed she would never front a TV show again after exiting the ABC. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. Mindy has over 14 years experience in infrastructure, power and renewable energy in Australia and South East Asia. MELPOMENE: How has it been different at Equis? 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. MELPOMENE: Have you ever been forced to rethink your life? They are part of C-Suite Department and their management level is C-Level. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 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 has 3 current jobs including CEO at Equis Funds Group, Director at Equis Energy, and Managing Director at Equis. 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. Its interesting you asked because Im moving house now and while packing I came across my bucket list that I wrote with one of my daughters. His work has included regulatory advice, project delivery advice, and transactional advice. 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. 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.

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