Tyler Crace

Tyler Crace is an Associate on the Mezzanine Capital / Credit Solutions team at Harbert Management Corporation, based in the firm's Nashville, Tennessee office. Harbert Management Corporation ("HMC") is a Birmingham, Alabama–headquartered alternative-asset manager founded in 1993 by Raymond J. Harbert, with roughly $7.8 billion in regulatory assets under management (as of early 2024) spread across real estate, infrastructure, growth equity, credit/mezzanine, and absolute-return strategies. Crace sits within the firm's junior-capital arm — historically branded Harbert Mezzanine Partners and now part of the Harbert Credit Solutions platform — which provides subordinated debt and select equity to private middle-market companies.

Crace earned a Bachelor of Business Administration in Finance from the University of Georgia's Terry College of Business (2012–2016). He began his career in investment banking as an Analyst in the Mergers & Acquisitions group at SunTrust Robinson Humphrey (now Truist Securities), a background well suited to the leverage, cash-flow, and exit analysis that underpins mezzanine underwriting. He had also served earlier as a Private Equity Summer Analyst at Harbert Management Corporation before returning to the firm full-time.

In his current role, Crace supports the sourcing, diligence, and execution of subordinated-debt and equity co-investments in lower-middle-market businesses. The Nashville-based Credit Solutions group (founded around 2000 as Harbert Mezzanine Partners) has made well over 150 investments across its fund vintages, including SBIC-licensed vehicles, and typically backs companies seeking capital for organic expansion, acquisitions, recapitalizations, or management buyouts.

• Provides mezzanine / subordinated debt and equity co-investment, generally in the $5M–$15M range per deal (historically cited as low as ~$3M).
• Targets lower-middle-market, cash-flow-positive companies — not early-stage startups — that need capital for organic growth, acquisitions, recapitalizations, or management buyouts.
• Stated selection criteria: "a management team with a demonstrated track record, sufficient cash flow to service debt, growth potential and a viable exit strategy."
• Sector-flexible, with a concentration in healthcare services, construction & engineering, IT services/outsourcing, and other business services across the United States.
• Often partners alongside private-equity sponsors and other lenders in investor groups / club deals rather than leading control equity.