
Equis hires Macquarie's Secen as partner
Asia-focused infrastructure investor Equis Group has appointed Damian Secen, a former senior managing director at Macquarie Infrastructure and Real Assets (MIRA), as a partner in its Singapore office.
Secen spent nearly 18 years at Macquarie, working in its infrastructure funds and advisory businesses in Australia, Europe, Asia, and North America. He was most recently posted to the firm’s New York office, focusing on investments in the Americas, following a stint as head of infrastructure and utilities in Australia. Prior to Macquarie he worked as a lawyer for Ashurst in Australia.
Secen joins a team that already has strong ties to Macquarie. David Russell and Lance Comes, two of the firm’s three co-founders, spent more than 10 years each working in various posts at Macquarie around Asia.
Equis was founded in 2011 and has since raised $2.7 billion in private capital. The firm closed its second fund in early 2015 at $1 billion, with an additional $300 million for a follow-on vehicle for Fund I and $400 million to support the growth of two renewable energy platforms.
Last year Global Infrastructure Partners agreed to acquire Equis Energy, a project platform of 180 renewable energy assets managed by Equis, for $5 billion. Equis did not disclose its overall return on the exit, though Partners Group, its partner in one of the platform’s Japanese assets, announced that it achieved a 3.2x return through the transaction.
Secen’s appointment follows the hiring earlier this year of Mark Warner, who previously led natural resources investments at UTIMCO, the University of Texas and Texas A&M University endowment.
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