Meet Our Team
The TerraNova Team
Our senior bankers have decades of investment banking and operating experience in their respective industries. The collective expertise of our team includes equity and debt capital raising, secondary private trades, sell side and buy side M&A advisory services, strategic consulting and merchant banking activities.
John Steinmetz founded TerraNova in 1998. He is the Executive Chairman of TerraNova Capital Equities, Inc. (TNCE) and TerraNova Capital Partners, Inc. (TNCP)
Chief Executive Officer
Craig Cerny serves as Chief Executive Officer of TerraNova Capital Equities, Inc. and TerraNova Capital Partners, Inc. He joined TerraNova in 2015.
Chief Operating Officer
Peter Gelb is the Chief Operating Officer of TerraNova Capital Equities, Inc. and the Chief Operating and Financial Officer of TerraNova Capital Partners, Inc.
Chief Compliance Officer
Jacqueline Goode serves as Chief Compliance Officer for TerraNova Capital Equities, Inc.
Our Senior Bankers
John BurnsDirector TNCE
Bob Buzzelli Senior Managing Director, Co-head Wealth Management Group TNCP
Rose CarmichaelSenior Managing Director TNCE
Her diverse background in operations as turn-around CEO and turn-around CFO, assists her clients due to her hands-on knowledge of many industries. Mrs. Carmichael graduated with a Bachelor of Science in Engineering. She began her professional career with Xerox Corporation as a systems engineer at Xerox Palo Alto Research Center (PARC). She worked in various areas including Strategic planning, Rank Xerox, and finance. She was later promoted to Sales Manager, and offered a membership to the prestigious
President’s Club, which is limited to the top 10 salespeople at Xerox. While at the company, Mrs. Carmichael attended New York University in the Master of Business Administration in
International Finance. Following Business School, Mrs. Carmichael joined Siemens Corporation in New York City where she expanded the Siemens business units across the US. She completed the acquisitions of ROLM from IBM, Texas Instrument PLC division to create Siemens Automation, Bendix Automotive acquisition to create Siemens Automotive, Pacesetter, Pelton & Crane acquisitions, etc. Ms. Carmichael later joined Siemens AG in Munich, Germany and became the Executive Director of Strategic Planning & Internal Audit, where she was responsible for coordinating over 31 acquisitions throughout the United States, Europe and Asia totaling in excess of US $3.2 billion. In 1993, Mrs. Carmichael co-founded ENB International, a technology related Investment Bank in Frankfurt, Germany. Mrs. Carmichael was instrumental in the creation of the European Venture Capital Association. In 1996, she joined Deloitte & Touche as a Managing Director of Corporate Finance. She established the Corporate Finance service line throughout the Deloitte & Touche regional and district offices across the USA. At Deloitte, Mrs. Carmichael advised numerous Fortune 100 companies on mergers & acquisitions, valuations, and strategic planning.
In the late 90’s, Rose Carmichael co-founded Carmichael & Company to provide high quality
financial services to middle market companies. The firm moved its headquarters from New York
City to Phoenix, Arizona. She joined Terra Capital in 2012.
Mrs. Carmichael is married and has two children. She is a licensed Series 7 & 63 and is fluent in German and French.
W. Todd Coffin Senior Managing Director, Head of Structured Finance TNCE
Senior Managing Director, Co-head Wealth Management Group
Senior Managing Director
After three years brokering swaps and Future Rate Agreements at EuroBrokers International Ltd., he joined Merrill Lynch in 1987 to broker Eurodollar futures and options at the Chicago Mercantile Exchange. Steven created, managed and developed various listed derivative operations for Merrill in Zurich, Paris and throughout Asia before returning to New York to run Global Listed Derivatives in 1998. He subsequently served as International COO of Merrill Lynch Securities Services before leaving the firm in 2003.
From 2003 until 2010, Steven was an independent business consultant to both public and private institutions, serving as COO, Independent Director and advisor to various institutions. Through these 7 years he worked with his clients to strengthen their balance sheets, restructure their firms and raise capital.
In 2010 Steven joined Morgan Stanley Wealth Management as a financial advisor with the Vector Group, an asset management team implementing a diversified global macro strategy.
In the Spring of 2012 Steven transitioned to a small broker dealer as Senior Managing Director Heading Business Development across all business lines; Sales Trading, Investment Banking, Asset Management and Wealth Management. He has continued to work in this lower middle market space every since with a specific focus on Environmental, Social and Governance (ESG) impact investments.
Steven has sat on the boards of both public and non-profit institutions. He was a trustee on the boards of the Marymount School of New York and Wilbraham & Monson Academy in Wilbraham, Massachusetts, where he served as Treasurer for six years. He has served as Chairman of the Futures Industry Association from 1999 through 2000.
Additional associations and awards have included Vice-Chairman of the Japan Chapter of the FIA, Chairman of the BrokerTec
Futures Working Group, Member of the International Advisory Board to the MATIF (French Derivatives Exchange), the Commodity Futures Trading Commission’s (CFTC) the Financial Products Advisory Committee, Board of Directors of the HKFE Clearing Corporation and recipient of the YMCA of Greater New York’s Black Achievers in Industry Award.Steven is a graduate of Columbia University.
Martín’s investing philosophy is to establish interest in an opportunity based on a powerful value proposition, but to only allocate capital after an exhaustive and methodical due diligence process. Having served both users of capital (early and mid-stage companies across various industries) and sources of capital (Family Offices and High Net Worth investors), he saw the opportunity to create Courtyard Advisors, a consultancy focused on meeting the needs of both. His previous experience evidences a broad background, including stints in operations finance, banking, structured finance, executive management, and Family Office public and private markets investing.
Martín earned a Bachelor’s degree in Finance from the University of Arizona and an MBA from Arizona State University. He also holds the Chartered Financial Analyst designation.
Arthur GutchSenior Managing Director, M&A TNCP
Senior Managing Director, Co-Head Secondary Equity Group
As Co-head of the Secondary Trading desk, Bill is mainly responsible for sourcing and evaluating private market deal flow and investments that present a specific and unique opportunity for institutional clientele from around the world.
Currently a resident of Greenwich, Bill is a graduate of Rollins College in Winter Park, FL and began his career in advisory with Merrill Lynch followed by asset management wholesales at Legg Mason and prior to joining Terra Nova was on the Investment Banking side of the M&A and Private Placements team at Maxim Group in New York. Bill holds his series 7 & 63 securities licenses.
While consulting on these projects Jeffery took point on negotiating with potential partners and other investors. In his role he developed strong relationships with the Medical University of South Carolina (MUSC) and continues to leverage those connections today to benefit TerraNova clients.
Prior to joining TerraNova Hudson was a Partner with Cedar Ridge Partners, LLC, providing leadership and expertise as a member of the portfolio management team and the Firm’s investment committee. He was also a member of Cedar Ridge’s portfolio trading and research teams and head of the firm’s strategy and business development. Including his time at Cedar Ridge Partners, Hudson has spent 25 years in the securities industry, working for firms such as: Lehman Brothers, where he focused on High Yield and Distressed Municipal Debt; Charles Schwab & Co.; and Smith Barney.
Previously, Hudson was the Head of Business Programming for NBCi and the Team Lead for Microsoft Corp’s MSN Financial Services vertical. Prior to NBCi, he was part of a team that sold Bloomberg Information Services to Hedge Funds/Asset Managers and was actively involved in training Portfolio Managers on the Bloomberg systems.
Over the past fourteen years, Hudson has advised startup companies in media, internet and financial Services across all aspects of sales, distribution and operations. He has also been a VC and Angel Investor in media, technology and logistics companies, and currently serves as the interim CEO of Halagard Inc.; a new RegTech / FinTech Company focused on the verticalization and digitization of the SMB IPO ecosystem.
Hudson has a BA in History and Political Science from Syracuse University and an MBA from the University of Connecticut. Hudson was recently teaching as an Adjunct Professor within the College of Charleston School of Business.
John W. Kennedy
From January 1994 until July 2018 Mr. Kennedy ran Kennedy Partners Corp., a boutique merchant banking firm where he assisted numerous companies as their investment banker and CFO raising hundreds of millions of growth capital and completing dozens of mergers & acquisitions. Priorly, Mr. Kennedy has run as the FINRA Managing Principal two US Broker-Dealers of Brazilian banks operating in the US, Banco FonteCindam SA and Banco Fibra SA. He initiated his career at The Board of Governors of the Federal Reserve System and subsequently has worked at Peat, Marwick, Mitchell & Co., The Coca-Cola Company, Morgan Stanley &Co., and D.H. Blair Investment Banking & Co., where he served as Managing Director of Investment Banking conducting private equity investments, private equity placements and IPOs for a wide variety of emerging growth companies. He currently has FINRA Series 82 and 63 licenses. He graduated from Union College with a B.A. in Economics and has an M.B.A. in Finance and International Business Management from New York University.
Robert L. Metzfield
Prior to joining TerraNova, Mr. Metzfield was employed as a Vice President with Wells Fargo Advisors, LLC and focused on sourcing and executing middle-market transactions ranging from $25M to $100M in deal size. He has executed 40+ sell-side transactions as a middle-market deal team leader, directing all facets of the deal execution process including deal sourcing, due diligence, strategic positioning, deal structure/pricing, buyer outreach, management presentations/marketing materials, range of value analysis, deal negotiations and transaction closing.
Mr. Metzfield has served a diverse client base ranging from venture-backed and private equity-backed companies to large multinational public corporations. He has in-depth experience serving a broad spectrum of industry sectors including Healthcare, Life Sciences, Financial/Business Services, Construction, Aerospace, Software/Information Technology and Consumer products.
Mr. Metzfield is a former Naval Aviator and graduate of Temple University. He currently holds the Series 79 and 63 FINRA Licenses.
Later his career shifted to the public markets, including his most recent position as a senior analyst at a $150M hedge fund that manages a concentrated portfolio of value-oriented investments in public equities and select distressed debt securities. As a co-founder of Courtyard Advisors, Joe applies the value investing principles of thinking like a business owner and allocating capital only when a margin of safety exists to assist Family Offices in the effective stewardship of their assets.
Joe earned a Bachelor of Science in Finance from the Barrett Honors College at Arizona State University and an MBA from the Applied Securities Analysis Program at the University of Wisconsin-Madison.
Joe has over 40 years of successful investment banking experience, concentrating on early stage growth companies, both public and private. As a financier, advisor or board member, he has been instrumental in creating more than one billion dollars of shareholder value. His clientele has included ultra-wealthy families in the U.S. and abroad, financial institutions, and significant figures including a former U.S. Secretary of Treasury and Federal Reserve Board Chairman.
He was the founder and C.E.O. of Frontline Capital, a registered broker-dealer active in growth stage corporate capitalization and LBO’s. He was appointed to the Board of Directors of Somanetics, a NASDAQ listed medical device manufacturer. He was active in oversight and advisory roles during a time frame which saw Somanetics market cap increase 30-fold.
Joe has served for 8 years on the Board of Irrimax Corporation, a rapidly growing medical device company. It’s main product, Irrisept, is proving highly effective in reducing surgical site infections globally.
He graduated with honors from the Georgia Institute of Technology and served as an officer in the U.S. Army.
Senior Managing Director, Co-Head Secondary Equity Group
Over the course of his career, Frank has worked with a range of clients including ultra-high net worth individuals, family offices, investment advisors and asset managers. His responsibilities included investment advisory, asset management sales and fixed income trading.
Frank started his career at Morgan Stanley in New York. Among other firms, Frank worked as a regional wholesaler for a top asset manager and most recently led a secondary private markets team for a secondary focused private equity firm. He holds a BA in Finance from Iona College in New Rochelle, NY.
Senior Managing Director
He has worked with public and private companies ranging in size from venture capital start-ups to Fortune 500 companies. His industry expertise includes impact investing, healthcare services, technology, real estate and financial institutions.
For the past 20 year, he has primarily focused on middle market companies. As a partner for 7 years at G.C. Andersen, an offshoot of Drexel Burnham Lambert, he worked on the acquisition, financing, growth and sale of private companies. While heading investment banking at Ryan Beck for 6 years, he initiated lead-manage IPOs whichtraded at six to ten times their initial offering prices. While at Josephthal for 5 years, the lead-managed transactions he initiated rose by $4.5 billion in market capitalization from their initial offering prices.
After initially practicing law at Reavis & McGrath (now Norton Rose Fulbright) for 6 years, he moved into investment banking at Drexel Burnham Lambert for 8 years and then to Prudential Securities for 7 years, where he headed the restructuring group, representing Integrated Resources and creditors committees in the TWA, Pan Am, Lomas Financial Group and Piper Aircraft bankruptcies, among others.
In addition to his investment banking experience, he was a principal and chief operating officer of LR Global Partners, a frontier market fund with offices in the U.S., Vietnam, Sri Lanka and Bangladesh and the managing partner for Unified Growth Partners, a small cap private equity fund.
He has served on the Board of Directors of public, private and not-for profit companies. He holds Series 7, 63 and 24 securities licenses. He holds a B.A, cum laude, and a J.D. from Columbia University.
Senior Managing Director, Renewable Energy Investment Banking
Senior Investment Analyst
Andy previously served as Group Managing Director of Dubai World, a global holding company with over US$32 billion under management during his tenure which focuses in transport & logistics, dry docks and maritime, investment and financial services. Andy was appointed in 2011 as the Group was entering a significant debt restructure involving US$16 billion of debt spread across c. 90 lending institutions.
In addition, from 2010 to late 2013 Andy was CEO of Dubai World’s investment company: Istithmar World where he managed a distressed global portfolio of 85+ assets comprising US$ 12 billion under management covering real estate, hospitality and private equity investments spread across 5 continents.Andy holds a Bachelor of Science (Hons) from the University of Manchester Institute of Science and Technology UK. He began his professional career working in consultancy and risk management including holding several senior management positions in Barclays in London.
David E. Wenger
From those experiences, Mr. Wenger founded Shareholder Intelligence Services, LLC (ShareIntel) a compliance driven issuer centric SAAS. ShareIntel’s patented solutions empower public company CEO’s and BOD’s with actionable intelligence to help guide their trusted advisors, investment bankers, legal counsel, investor relations, shareholders and more. ShareIntel tracks and monitors critical broker dealer and shareholder movement to facilitate market surveillance, corporate governance, regulatory compliance, investor relations, shareholder outreach, road show planning and more. Example: In the wake of recent market events that has exposed Naked Short Selling to be a major threat to capital markets, it has become critical for issuers, as a matter of fiduciary best practices, to identify and proactively track market participants and share ownership for compliance with FINRA and SEC Regulations.
Senior Managing Director
In the last 9 years, Sunil has successfully originated and advised in over US $5 Billion in successful placements of equity and debt; including, several multi-jurisdictional transactions.
Sunil has been actively involved in advising financial sponsors and strategic buyers in building world-class sector specific platforms in the US through acquisitions. He also has hands-on operating experience with buy and build in healthcare, technology and several other verticals.
Sunil graduated with an Global Executive MBA degree from INSEAD, has attended the M.Eng. program in Operations Research and Industrial Engineering at Cornell University, and holds B.Sc. degree in Operations Research and Industrial Engineering from University of Massachusetts at Amherst. He also has certifications in Machine Learning, Analytics, Data Science, and IoT from Stanford University, Wharton School (University of Pennsylvania), John Hopkins University, and Columbia University.
Senior Managing Director
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