Ownership Group

James Outland is a founding partner of New Capital Partners and has over 30 years of private equity, mergers and acquisitions, and business development leadership experience in both entrepreneurial business ventures and established corporations. Prior to co-founding New Capital Partners, James served in various key roles in the healthcare industry and as an officer of UnitedHealth Group after its acquisition of Complete Health Services.

James is currently Chairman of the Board for ACES Quality Management, Collect Rx, Healthfuse, Medsurant Health, Precision Business, Telehealth Solution and Volly, and serves on the Board of DotCom Therapy. James previously served as a Board Member of former portfolio companies Teladoc which went public on the New York Stock Exchange in 2015 (NYSE: TDOC), Awarix (sold to McKesson [NYSE: MCK]), Senior Whole Health (sold to TA Associates), Prism Pointe Technologies (sold to Systems Maintenance Services, Inc.), REPAY (sold to Corsair Capital) and P&R Dental (sold to The Beekman Group). In addition to his role as Chairman of the Board, James also served as the CEO for Senior Whole Health during its first year of operations. James is active in the Birmingham community serving on the boards of the UAB Medicine, UAB Health Services Foundation, Birmingham Legion (Birmingham’s Professional Soccer Team) and Birmingham Museum of Art, most recently as Chairman.

James earned a BA in Political Science and a BFA in Advertising from Southern Methodist University.

Mr. Rein was born in South Africa and started work with the Harbert organization in Ecuador in 1979 as a project engineer. He moved to the United States in 1980 and retired at the end of 2014 as the President and Chief Operating Officer of the construction company, B.L. Harbert International, LLC. During this time Mr. Rein oversaw the expanded reach on the company footprint both in the US and abroad with annual revenues over one billion dollars.

Currently Mr. Rein is the managing partner in the B&J, LLC investment companies in partnership with Billy Harbert, the CEO of the Harbert construction company. Today B&J has wide ranging investments in the multi-family, office and hospitality projects.

Lee Styslinger, III is the Co-Chairman of Altec Inc., the holding company for Altec Industries, Capital Services, National Equipment Company, Altec Worldwide, Global Rental, and Altec Ventures.  He became President of Altec in 1994 and was named CEO in 1997.  Altec was founded in 1929 by his grandfather and today is a global leader that designs and manufactures products and services for the electric utility, telecommunications and contractor markets in over 100 countries throughout the world. 

Mr. Styslinger serves on the boards of Workday (WDAY), Regions Financial Corporation (RF), Vulcan Materials Company (VMC), Harvard Business School, Children’s Hospital, and the Altec/Styslinger Foundation. He is a member of the Business Roundtable, the Business Council and the Council on Foreign Relations (CFR). Mr. Styslinger co-authored CFR’s 2018 independent task force report The Work Ahead.  In addition, he serves on the boards of the Brookings Institute and the Hoover Institute.

Lee Styslinger served on President Bush’s Export Council advising the President on trade policy from 2006-2008. In 2017 he served on the President’s Manufacturing Council and currently serves on the President’s Trade Council. 

He earned his B.A. from Northwestern University in 1983 and his M.B.A. from Harvard University in 1988.

Jeff Logan served as the C.E.O. of Seek Publishing from 2007-2019. Seek is a leader in nostalgic oriented publishing and sells to retailers throughout the U.S. and Canada. Jeff began his career in finance for SouthTrust Bank from 1992 until it was purchased by Wachovia Corporation in 2005.

Jeff has been a key owner of the Birmingham Barons of the Southern League (AA) since 2006. In 2013 he played a major role in moving the franchise from the suburbs to a downtown location. The Barons have been one of the highest performing clubs in minor league baseball since the move.

Jeff currently serves on the boards of BASS Holdings and MCM Technology. In civic life, he serves on the boards of the Railroad Park Foundation, RMHC, and the Bryant-Jordan Scholarship Fund.

Jeff received a B.A. in Economics from Auburn University in 1991. Jeff and his wife Katrina live in Birmingham and have two daughters: Mary Clark and Grace.

Mr. Harbert is a Director of Investments for the U.S. Real Estate team in the Birmingham office. He joined the U.S. Real Estate team in 2018 as an Associate and focuses on the areas of acquisitions, financings, and dispositions for the Southeast and Mid-Atlantic U.S. regions. Prior to joining the U.S. Real Estate team, Mr. Harbert served as a Director with the HMC Marketing team, raising capital for all of HMC strategies from a variety of investors ranging from high-net-worth individuals to large institutional clients. He served in this role in the New York, London and Birmingham offices.

Mr. Harbert holds a Bachelor of Arts in History and Economics from the University of Virginia and a Master of Business Administration with a concentration in Alternative Investments from Emory University’s Goizueta Business School. Additionally, he holds his FINRA Series 7 and 63 licenses. Mr. Harbert is a member of the Urban Land Institute and the National Multifamily Housing Council. He also serves on the Board of Directors and the Investment Committee of Harbert Realty Services, an HMC subsidiary and the Advisory Board for Auburn University’s Masters of Real Estate Development Program.

Mr. Harbert is involved in his community and serves on the Executive Committee and Board of Directors at Hand in Paw, the Board of Directors at Red Mountain Theatre Company, the Board of Directors at the McWane Science Center, and is an active member the Monday Morning Quarterback Club.

Billy L. Harbert is Chairman and CEO of BL Harbert International, LLC, a privately held company based in Birmingham, Alabama. BL Harbert International provides construction services throughout the world and is a leader in sustainable and design-build construction. The company maintains a diverse portfolio of successfully completed projects including U.S. Embassies, office, higher-education, healthcare and wellness, water and wastewater treatment plants, and government facilities.

Mr. Harbert is a graduate of Auburn University with a BS in Building Science; he earned his MBA from Emory University’s Goizueta Business School, one of the leading business schools in the nation.

Billy worked as Project Manager and Project Engineer on pipeline and commercial construction projects upon graduation from Auburn University. He was made Vice President of Bill Harbert International Construction in 1992 and President in 1996. In 2000, Billy began construction Operations of his own company, BL Harbert International, LLC. The company has experienced record growth and made it successfully through difficult economic times.

Billy is a member of the Society of International Business Fellows and the Young Presidents’ Organization. He serves on the Board of Directors for Highlands Day School.

Billy enjoys tennis, snow skiing, sailing, fly fishing, and saltwater game fishing.

John F. Bryant (Jack) serves as Executive Vice President and Senior Managing Director at Harbert Management Corporation. Mr. Bryant joined HMC in 2014 in portfolio management and now leads HMC’s hedge fund business, develops new investment strategies under the HMC umbrella, and oversees strategic initiatives. In addition, Mr. Bryant is an HMC shareholder and serves on the Board of Directors. Before joining HMC, Mr. Bryant was a Vice President at BlackRock, where he focused on developing, seeding, and launching new proprietary investment funds, including mutual funds, hedge funds, fund‐offunds, specialized alternative investments, closed end funds, and opportunistic investment products. Mr. Bryant has a Bachelor of Arts in Economics, cum laude, from The University of the South. He earned a Master of Business Administration from the Darden School of Business at the University of Virginia,where he was a member of the Raven Society.

Mr. Bryant is involved in his local community, serving on the Board of the TumTum Tree Foundation, America’s longest running wine auction supporting children’s charities.

Mr. Bryant is married with three children and lives in Birmingham, Alabama.

Scott moved to Birmingham in 2010 after being CEO and Managing Partner of Texas Sandwich Investors, LLC in Dallas, TX. Scott also co-founded GoldOne Group, which purchased southernbellestore.com, an online clothing company that handled its own manufacturing sources and sold product to national retailers, including Hibbett Sporting Goods and Academy Sports. In 2013, Scott sold GoldOne to launch Atlas Senior Living, and he has spent the last 5 years solely in senior housing transactions and management. Scott leads the development and growth of Atlas Senior Living through his experience in capital investitures and project management. Over his career Scott has handled more than 500 million dollars of real estate assets and management and continues to drive future expansion for Atlas Senior Living. Before Scott began his career, he lettered in football for Mississippi State University and Southeastern Louisiana.

Jeffrey A. Bayer is the President and CEO of Bayer Ventures LLC in Birmingham, Alabama. Additionally, he serves as Senior Advisor for Capitol Peak Ventures, a real estate investment firm located in Dallas, Texas.

In 1983, Jeffrey founded Bayer Properties, LLC and currently retains an ownership position in the firm and its real estate assets. Under his leadership the organization grew from a local property management company to a national commercial real estate firm with a mixed-use asset portfolio which have not only provided a “gathering place” to live, work and play, but have also generated millions in tax dollars for local, city and state governments. Those assets include The Pizitz building, a historic property in downtown Birmingham; 170,289-square-foot Cahaba Village anchored by the first Whole Foods in Alabama; 139,000-square-foot Crescent office building in Birmingham and The Summit at Fritz Farm, a $156 million experiential mixed-use development located on 60-acres in Lexington, Kentucky.

Jeffrey secured his place as a pioneer in the real estate industry by opening one of the first outdoor lifestyle centers, The Summit in Birmingham, Alabama, in 1997. Today, The Summit is a 1 million-square-foot regional shopping destination with first-to-market retailers such as Saks Fifth Avenue, Apple, Pottery Barn, Anthropologie, and Trader Joe’s, among others.

Bayer currently serves on the board of directors for Leadership Birmingham and the University of Alabama’s Health Service Foundation. He also serves in the following business and civic leadership positions: International Trustee for the International Council of Shopping Centers; member of The University of Alabama’s President’s Cabinet; The University of Alabama’s Board of Visitors; and The University of Alabama at Birmingham’s President’s Campaign Executive Committee.

Jeffrey is a member of the 2018 Alabama Business Hall of Fame, recognized by The University of Alabama Culverhouse College of Business for his outstanding business and civic leadership contributions.