Equis' team brings focus, experience, passion and conviction. David Russell earned his B.F.A. Entrepreneur, Private Equity Professional, Brighton Grammar School Fees and payments, Senior Managing Director, Head of Asian Private Equity and Head of Greater China, Macquarie, Founding partner of Equis Energy and Equis Funds Group. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". 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. And thats very important because we now have 84 projects totaling close to 8 billion dollars. MELPOMENE: Warren Buffet said that a big problem in the boardroom is that nobody wants to criticise the CEO. 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. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. We are committed and responsive to the communities we serve. 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. And guess who was right? But what has changed is the level of desperation applied to the business when its your own. Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730. MELPOMENE: Those who behave egregiously are a very small percentage of the industry. How: Equis covers every stage of a projects lifecycle including origination, development, design construction, and engineering, to operation and maintenance, asset management, and performance optimisation. See reunion dates, update your details and give to BGS. So while I was growing and being mentored, I had that slight frustration. He led Equis development of wind and hydro projects in India. Greater Newcastle Area. He has delivered assets across the Asia-Pacific. When Skadden partners walk into a room they command that room, and its not because they are aggressive but because they are just so knowledgeable. Over there, our local guys are empowered to identify and drive growth from bottom up. We acknowledge that our school is on the Country of the people of the Kulin Nations. 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. Do you worry about that? 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. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. In the battery sector, the prices are falling but their performance is improving. Now the four-car basement garage is expanding to fit six, while the basement will accommodate a theatre, rumpus room, wine cellar, arcade room, plus a "modelling/crafts" room. While were driving for business success, we formally make a point to give back to the community. You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. "It was like the last supper," one onlooker said. 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. "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. DAVID K. RUSSELL. 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? 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. But there are a number of governments that came up with programmes to encourage investments in renewable energy. Apr 2022 - Present11 months. California Weighs $360,000 in Reparations to Eligible Black Residents. Did you feel restricted by that? He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. Construction of the Collinsville North Solar Project is expected to commence in 2017. 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. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. As for the finance background, well, youve got to know the numbers when it comes to running a business. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Its not all hindsight. 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 . Representatives for the Catholic Church and Pell did not return calls and emails on Thursday. On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. MELPOMENE: Steve Jobs said that you can only connect the dots looking backwardsis that true of your experiences? Shane Warne sold the Brighton mansion for about $20m in 2018. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. 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 offer a range of scholarships to give as many boys as possible the chance of a BGS education. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. MELPOMENE: How has it been different at Equis? DAVID: Technology and mindsets are evolving rapidly. These people deserve to be caught and punished, but they are certainly not the norm in the industry. 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. 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. 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. Mindy has over 14 years experience in infrastructure, power and renewable energy in Australia and South East Asia. 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. He led Equis development of wind and solar projects in the Philippines. MELPOMENE: Whats one thing off the top of your head? Over 22 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Director & Board Member of Denham Capital Asia Pacific. DAVID: If youre intelligent, adaptable, and willing to work hard, you can be very successful without a legal or finance background. Search. DAVID: It was awesome! And you find that project developers tend to be more risk seeking, so its better to have someone whos more risk averse to balance their decision-making. Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. As Asia's largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the world's fastestgrowing renewable energy market Bibendum arcu vitae elementum curabitur vitae nunc sed velit. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. His thesis and work explore the . 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. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. DAVID: I sound really old when I say this [laughs], but I feel there is a generational shift. MELPOMENE HUA: Why did you decide to be profiled after years of being under the radar? 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. 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You connect it to the building, charge it up, and take it home to generate electricity for your house. Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. MELPOMENE: Was your background crucial to your success? Congratulations to the Class of 2020, recording our best ever results. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. 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. 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