Equis snaps up MIRA exec amid plans for 2019 fund launch

The Singapore-based firm has appointed former Macquarie MD Damian Secen as a partner to focus on origination, investment and asset management.

Equis, the Singaporean investment firm that closed a record-breaking renewables deal last year, is bolstering its team with the appointment of a new partner, as the firm prepares to launch a new fund early next year.

“Equis is building on our success to date and preparing for the next phase of growth, including the intent to raise our next fund beginning in 2019,” a spokeswoman for the investment firm told Infrastructure Investor, without providing further details about the vehicle.

The new partner, Damian Secen, will be responsible for “origination, investment and asset management” in a newly created role, the spokeswoman said.

Secen joins Equis from Macquarie Infrastructure and Real Assets, where he held various roles, including head of infrastructure and utilities in Australia and senior managing director of the company’s New York team.

“[Damian] brings a wealth of infrastructure and funds management experience in both developed and developing markets,” David Russell, partner and co-founder of Equis, said in a statement. “Damian will be rejoining many of his former colleagues, further extending and solidifying the strength of the Equis senior leadership team,” he added.

Secen’s hire comes just a few weeks after the announcement that Mark Warner, the former chief investment officer of the University of Texas’s endowment, UTIMCO, was also joining Equis as partner.

Warner will focus “on management functions, including […] HR, finance and business reporting” and “fundraising activities”, the company told Infrastructure Investor at the time.

Last year, Equis sold its renewable energy platform, Equis Energy, to a consortium led by Global Infrastructure Partners in a record-breaking $5 billion deal. The deal comprised more than 180 operational and under-development assets across Australia, Japan, India, Indonesia and the Philippines, with a total capacity of 11.1GW.