Terence M. (“Terry”) O’Toole has been an investor, primarily in private companies, for more than 30 years. He is the founder and Managing Partner of Macanta Investments LLC. Terry was one of the founders of the Principal Investment Area (“PIA”) at Goldman, Sachs & Co. in 1989. He became a partner at Goldman Sachs in 1992, served on its Investment Committee from 1992 until 2004, and was the Chief Operating Officer of PIA when he retired from Goldman Sachs in 2004. From 2005 to 2020, he was the co-managing partner of funds associated with Tinicum Inc., a firm that invests in private and public companies. Terry has served on more than 25 corporate boards during his career as an investor.
Terry and his wife Polly co-chair the O’Toole Family Foundation. Terry was the Chairman of the Board of Trustees at Villanova University from 2010-2012 and was Co-Chair of its 2018 Capital Campaign. He is currently a member of the Executive Committee of the Board of Trustees of the Hospital for Special Surgery in New York. He was appointed by Governor Philip Murphy to be New Jersey’s representative to the Board of Trustees of the National September 11 Memorial and Museum and served in that role from 2019 until 2022. Terry was also a member of the Board of Directors of the New Jersey Pandemic Relief Fund in 2020 and 2021.
Terry was born and raised in Wilmington, Delaware, where he attended public school. He is a 1980 graduate of Villanova University and received his MBA from the Stanford University Graduate School of Business in 1983, where he was named the Henry Ford Scholar as the student with the highest academic achievement in his graduating class. Polly was born and raised in Haddonfield, New Jersey, where she attended public school, and is a 1980 graduate of Rosemont College.
Terry and Polly have been married for over 40 years and have two children and three grandchildren. They have lived in Essex County, NJ, for more than 30 years.