ThinkEquity has appointed Jamie Terranova as Managing Director of Fixed Income Trading, bringing in an executive with more than 20 years of fixed income trading and supervisory experience as the investment bank expands its institutional trading platform.
Terranova joins ThinkEquity after serving as Head of Fixed Income at Lucid Capital Markets.
At Lucid, he oversaw a team of sales professionals and traders operating across multiple fixed income sectors while managing institutional client relationships.
His experience spans preferred and hybrid securities, emerging markets, government securities and corporate credit across the ratings spectrum.
Before Lucid, Terranova served as Senior Managing Director of Fixed Income at Maxim Group.
He began his career at Morgan Stanley.
The appointment reunites Terranova with several professionals he has worked with previously, including ThinkEquity Head of Fixed Income Trading Mike Messinger and Head of Business Development Franco Zappone.
Zappone said he has known and worked with Terranova for more than 15 years, including their time together at Maxim Group.
ThinkEquity expects Terranova to help broaden the firm’s fixed income capabilities while deepening relationships with institutional investors.
The company operates investment banking, brokerage and capital markets businesses across several sectors.
ThinkEquity said its professionals have collectively financed more than $100 billion of public and private capital raises, restructurings, mergers and acquisitions.
Its sector coverage includes healthcare, technology, oil and gas, metals and mining, cryptocurrency, clean technology, shipping and consumer businesses.
The firm participates in a wide range of equity capital markets transactions, including initial public offerings, secondary offerings, uplistings, dual listings, cross listings and special purpose acquisition company transactions.
ThinkEquity also serves as placement agent for registered direct offerings, private investments in public equity, private placements and debt financings.
Its advisory operations include mergers and acquisitions, strategic advisory services and venture capital placements.
Adding Terranova is intended to further develop the fixed income side of that broader capital markets platform.
His background across both trading and institutional client coverage gives ThinkEquity additional capabilities for serving investors across multiple types of debt and hybrid securities.
Preferred securities generally combine characteristics associated with both debt and equity, while hybrid securities can incorporate multiple features across the capital structure.
Terranova also brings experience across emerging markets and corporate credit with varying credit ratings, giving the firm a broad base from which to develop additional fixed income relationships.
The appointment comes as ThinkEquity looks to expand its fixed income operation nationally.
Terranova said he sees an opportunity to build the firm’s fixed income platform, deepen institutional relationships and connect those capabilities with ThinkEquity’s larger capital markets business.
Messinger said Terranova’s industry reputation and experience will be important as the firm grows the department.
Terranova holds a bachelor’s degree in pre-medical sciences from Johns Hopkins University and serves on the boards of 44 West Mining and #Samehere Global.
He also holds Series 7, 24, 31, 55, 57, 63, 66 and 99 securities licenses.
His appointment adds another senior markets executive to ThinkEquity as the firm seeks to combine fixed income trading, institutional relationships and its established investment banking capabilities into a broader capital markets offering.
KEY QUOTES:
“I’m excited to join ThinkEquity and work alongside a team of professionals I’ve known and respected for many years. I see a significant opportunity to expand the firm’s fixed income platform, deepen its institutional relationships, and build on ThinkEquity’s broader capital markets capabilities. I look forward to bringing my experience and relationships to the firm and helping drive the next phase of growth.”
Jamie Terranova, Managing Director of Fixed Income Trading at ThinkEquity
“I’m extremely excited to be teaming up with Jamie Terranova once again. Jamie brings an exceptional level of professionalism, expertise, and respect from across the fixed income community. His addition to the ThinkEquity team will be instrumental as we continue to build and expand our Fixed Income platform. I’m confident that with Jamie on board the ThinkEquity Fixed Income department is poised to make significant strides forward.”
Mike Messinger, Head of Fixed Income Trading at ThinkEquity
“We are pleased to welcome Jamie Terranova to ThinkEquity’s Fixed Income desk. I have known and worked with Jamie for more than 15 years, including our time together at Maxim Group. His expertise across preferreds, hybrids, emerging markets, and corporate credit makes him an important part of ThinkEquity’s nationwide expansion.”
Franco Zappone, Head of Business Development at ThinkEquity
