Pivotal Capital Advisory Group

Terry L. Allen - President - Read Bio
Liam Goguen - Analyst - Read Bio


	Terry L. Allen, CFA, ICD.D President

Terry L. Allen, CFA, ICD.D

With nearly 30 years of financial advisory and banking experience, Pivotal's President, Terry L. Allen, has led a wide spectrum of financing transactions in a variety of sectors.

Since 1996, Terry's experience has included:

Independent financial advisor on domestic and international financings; and
Senior Vice President and Director of PwC's Project Finance & Privatization practice in Calgary, Canada.
Founding Pivotal: providing objective project and corporate finance advice and raising capital for clients

From 1987 to 1996, Terry was a senior corporate banker managing multi-billion dollar portfolios at TD Bank and CIBC. Her banking experience includes:

Manager, Corporate and Investment Banking Group for TD Bank in Calgary, building and managing the senior corporate banking portfolio;
Key member of the project finance group and Senior Account Manager in the Oil and Gas Group for CIBC in Calgary; and
Worked for CIBC in Toronto in corporate and project finance, trade finance and credit decision making, including providing real estate project financing to major Canadian real estate developers.

Terry has closed a wide variety of transactions, including project financing (debt and equity), expansion financing, merger and acquisition financing, general corporate financing, bridge financing, bond financing, mezzanine/subordinated debt financing, balance sheet re-capitalization and restructuring, asset securitization and leasing. She has worked on transactions in Canada, the U.S., Latin America, the U.K. and Europe, the Middle East and Asia.

Areas of Specialization

Structured financings including project debt financings, asset securitization, acquisition finance, leasing, mezzanine/subordinated debt financing and preferred securities
Domestic and international corporate debt financings (public and private)
Project & corporate equity financings
Business model risk analysis and commercial contract structuring
Business/security pricing analysis
Financing strategy & financing policy development
Strategic planning and governance

Professional Affiliations

Member of the CFA Institute and the Calgary CFA Society
Member of the Institute of Corporate Directors
Member of the Calgary Chamber of Commerce
Member of the Association for Corporate Growth
Member of the International Women's Forum

Boards and Councils

Member of the Calgary Airport Authority Board of Directors
Member of Alberta Securities Commission Board of Directors (Audit Committee Member)
Member of the Salvation Army Advisory Board in Calgary
Member of the Kenneth Levene Graduate School of Business Advisory Board, University of Regina
Past Executive Committee member, Institute of Corporate Directors, Calgary Chapter (2010-2014)
Past Member of the CEO Advisory Circle, Paul J. Hill School of Business: 2010-2013
Past Member of the Dean's Advisory Board, Faculty of Medicine, University of Calgary: 2003-2012
Past member of the PetLynx Corporation Board of Directors: 2008-2009 (Finance Committee member)
Past member of the University of Regina Board of Governors: 2002-2008 (Audit & Risk Management Committee Chair)
Past member of the Creststreet Kettles Hill Windpower General Partner Limited Board of Directors: 2005-2008 (Audit Committee Chair)
Past member of the Glenbow Museum Board of Governors: 2001-2007 (Development Committee Chair, Executive & Special Committee member)
Past member of the YWCA of Calgary Board of Directors: 1995-2000 (Board Chair, Audit & Finance Committee Chair, Strategic Planning Committee member)

Community Leadership

Co-Chair of Leadership Giving on United Way Campaign Cabinet (2002 and 2003)
Chair of the YWCA Women of Distinction Selection Committee (1998 and 1999)

Education

Directors Education Program completed and Institute-Certified Director (ICD.D) designation received from the Institute of Corporate Directors (2006)
Chartered Financial Analyst (CFA) designation from the CFA Institute (1996)
Corporate Development Program, CIBC (1989)
Bachelor of Business Administration (B.Admin) from the University of Regina, Canada (1985)


	Liam Goguen, Analyst

Liam Goguen

Liam Goguen joined Pivotal as an Analyst in 2014. Mr. Goguen is responsible for industry, company and funder research. Additionally, he crafts documents and presentations, designs financial models used in the financing process and analyzes financing proposals and key commercial agreements.

Prior to joining Pivotal, Mr. Goguen worked as an Equity Research Associate at Salman Partners Inc. In that capacity, he was responsible for conducting industry and company-specific research, preparing oil and gas research reports for clients and relaying news and analysis to the sales and trading team. He also developed, optimized and maintained financial models and databases and updated clients on relevant companies under coverage.

Mr. Goguen holds a Bachelor of Business Administration degree with a concentration in Finance from the Williams School of Business at Bishop's University, Quebec. He is studying for the CFA Level II Exam.

Areas of Specialization

Industry, company and funder research reports
Financial modeling
Valuations
Database creation and optimization
Preliminary assessment of investment opportunities
Analyzing financing proposals and key commercial agreements
Financial due diligence
Financing process management and documentation

Education

Bachelor of Business Administration (Finance), Bishop's University, 2011
Passed Level I of the CFA program