Crystal Financial Announces Promotions

Boston, May 6, 2014


Crystal Financial LLC, an independent commercial finance company, is pleased to announce the promotion of five of its professionals.  Each of these individuals have made significant contributions to the growth of the business and demonstrated exceptional expertise in providing innovative and complex debt financings to middle market companies.


Christopher Arnold to Senior Managing Director
Chris joined Crystal in 2010 and is responsible for underwriting and portfolio management.  Prior to Crystal Financial, Chris held various underwriting positions at CIT Group, CapitalSource Finance, Dimeling, Schreiber & Park and GE Capital.  In this role, Chris leads a team of professionals within the Investment Administration group which is responsible for both underwriting new transactions and portfolio management.


Andrew Hettinger to Senior Managing Director
Andrew is responsible for business development, deal sourcing and structuring debt financings for middle market companies throughout the Southeast.  Andrew joined Crystal in 2010 from Cerberus Capital Management and has previously held positions at Houlihan Lokey, Howard, Zukin, Deutsche Bank and Bank of America.


Tyler Harrington to Vice President
Tyler is a member of the underwriting and portfolio management team and has been with Crystal since 2010.  Prior to joining Crystal he was an associate with Cambridge Associates


Kenny Smith to Vice President
Kenny is responsible for underwriting and managing Crystal’s secured debt transactions.  He joined Crystal in 2011, and has prior investment experience from positions at BDC Capital, JMH Capital and Breakaway Ventures.


Timothy Lawlor to Assistant Vice President
Tim joined Crystal in 2012 from Goldman Sachs where he was an analyst in their Investment Banking program.  Tim is a member of the Investment Administration team and is involved in underwriting new transactions as well as managing loans within the portfolio.


 “I speak for all of Crystal Senior Management when I say that we have a terrific team of dedicated, talented professionals who are pleasure to work with,” stated Michael L. Pizette, Chief Credit Officer for Crystal Financial LLC.  “All of these individuals have made a significant contribution to our success to date, and I am confident that their future involvement will be instrumental to Crystal’s continued growth.”


Steve Migliero Jr, Senior Managing Director of Originations, said, “Our business is ultimately about people and the importance of relationships.  The ability to source and underwrite transactions requires more than just strong analytics and credit acumen.  Each of these individuals brings key strengths to our business that facilitates building relationships and growing the portfolio with well structured transactions.”



About Crystal Financial
Crystal Financial is an independent commercial finance company that provides senior and junior secured loans for both asset-based and cash flow financings (minimum of $10 million in fundings) to middle-market companies. Its team of experienced, responsive professionals has underwritten, closed and managed more than $20 billion in secured debt commitments across a wide range of industries. For more information please visit




Cheryl Carner