DAVID: Its definitely not who you know. MELPOMENE: Steve Jobs said that you can only connect the dots looking backwardsis that true of your experiences? Youre right at the table with them as a trusted advisor. Others Named David Russell. While were driving for business success, we formally make a point to give back to the community. Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. Over 22 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Director & Board Member of Denham Capital Asia Pacific. Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. MELPOMENE: Is it important that the work you do creates value for society? Its interesting how that has come full circle. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. 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. After her August departure from the ABC, and fresh from recharging the batteries in Byron Bay, the former chief economics correspondent is joining online insurance comparison platform Compare the Market. David Russell "I understand now how people can love a person who does awful things. But there are a number of governments that came up with programmes to encourage investments in renewable energy. But there are a number of governments that came up with programmes to encourage investments in renewable energy. Please try again later. His work has included regulatory advice, project delivery advice, and transactional advice. 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. 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 . Bibendum arcu vitae elementum curabitur vitae nunc sed velit. DAVID: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. DAVID K. RUSSELL. 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. All rights reserved. Did you feel restricted by that? Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs. Alberici's new gig is chief strategy government relations and communications officer. Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. There are already storage systems that are very profitable, and one of them is pump storage. 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. And thats very important because we now have 84 projects totaling close to 8 billion dollars. They are part of C-Suite Department and their management level is C-Level. 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. 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. MELPOMENE: You were well-connected and had the expertise, but was it still a risky move? Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. 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.. Daniel LeeGroup Head, Corporate CommunicationsDaniel.lee@venaenergy.com, Juwon ChaeGroup Head, Sustainability and Investor RelationsIR@venaenergy.com. ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. He has also written two books. Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. Theres a whole bunch of things on there that I really dont want to do [laughs]. 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. Called the Lady E, it's available to charter for a cool $767,840 a week. 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 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. We think in 5 years, it will revolutionise utility-scale power and in 10 years, it may completely revolutionise power. Russell received his M.F.A. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. Kahn thought Anton was like Cary Grant. David is also . 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. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 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. 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. Ed is a PhD-qualified grid connection expert with over 25 years of experience in renewable energy generation, transmission and distribution. At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. Credit:Jason South. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. 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: My legal background helped me because it gave me discipline and an eye for detail. In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. 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? 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. 2023 Tatler Asia Limited. 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. MELPOMENE HUA: Why did you decide to be profiled after years of being under the radar? In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, Twitter Revenue, Earnings Fell About 40% in December, WSJ Says, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, Bolsonaro Says Mission Isnt Over as US Conservatives Fete Him, Biden Closes In on Order to Restrict US Investment in China Tech, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. MELPOMENE: How do you envision the use of renewables in ten years time? That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. 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: Its all relative. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. Although what relationship she has with the government given its voracious criticism of her reporting will be interesting. DAVID: If youre intelligent, adaptable, and willing to work hard, you can be very successful without a legal or finance background. 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. 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. He is the current Head of Legal for Equis in Australia and is responsible for all legal matters internally and associated with projects. At work, I am direct with people and I encourage them to be the same with me. Andrew has over 20 years' experience with energy infrastructure projects, specialising in thermal energy project development and construction. 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. DAVID: We have that in our business model by having compensation tied to the performance of the business through carried interest. You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. Consequat id porta nibh. She tells CBD she will be based in Sydney, rather than the comparison sites Brisbane headquarters. David Russell Full Name: David Charles Russell Company: Equis Pte. 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. Prior to joining Equis, Vincenzo held roles with Canadian Solar, Raygen Resources, ABB and various European solar companies and technology providers. Employ over 400 people during the construction phase. In 1998, David joined Macquarie Group, where he spent 12 years. 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. Snowy Hydro has agreed to purchase 100% of the power produced from the Tailem Bend Solar Project for at least 22 years. CBD hears that her ABC redundancy payout was in the vicinity of $300,000. Prior to joining Equis, he was the Head of Trading and Wholesale Markets at Goldwind Australia. 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. A good thing, no doubt. Copyright 2023 Brighton Grammar School. Supply the annual power needs of 63,165 homes. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. Mr Russell, the co-founder of Equis an offshore private equity group, has slapped a caveat on Shane Warne's Melbourne mansion in a deal worth close to $20m and is believed to be readying to fork out a further $22m for a Noosa beachfront home in what is a record price for the Queensland holiday region. David graduated from their alma mater, Monash University and is currently based in Singapore, Central Singapore. They had reason to celebrate. Its not just gratuitous giving. 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. We were partly fortunate because the investor market had not focused on renewable energy the way it should have, and that gave us a 6-year head start. But to get to a certain point you have to think forward and consider all the paths and possibilities. Additionally, he has held various senior roles with companies such as WePower, AbsoluteClimo, European Energy Exchange, ASX Energy and Deutsche Bank. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. We care about delivering the best outcomes for our stakeholders and our collective experience allows us to develop high quality projects.