Leadership Transition at Second Avenue Capital Partners Signals New Era

Second Avenue Capital Partners (SACP), a key player in the specialty finance sector and an affiliate of SB360 Holdings, has announced a major leadership transition with the retirement of Chris O’Connor, its President, effective May 31, 2025. O’Connor's departure marks the end of an era during which his leadership significantly contributed to the firm's success and its strong standing within the client and lending community.

In response to this transition, SACP has strategically promoted several of its founding members to pivotal leadership roles. Michael Sullivan steps up as Head of Originations and Corporate Growth, Mark Gallivan assumes the role of Head of Investments and Operations, and Andrew Prunier is appointed Head of Portfolio Team and Strategy. Michael Russell will continue to lead as Head of Deal Execution, ensuring the firm's deal-making prowess remains robust.

Aaron Miller, President and Managing Partner of SB360 Holdings, will continue to provide overarching strategic direction across all SB360 verticals. Miller's confidence in the newly promoted leaders underscores their integral role in the firm's journey and future aspirations. 'Their contributions are immeasurable,' Miller remarked, highlighting the depth of talent and experience within SACP's ranks.

The leadership reshuffle is backed by a team whose expertise in lending, underwriting, and relationship management has been instrumental in SACP's reputation and performance. Joseph Schottenstein's endorsement of the team's capability to expand the firm's reach while staying true to its founding principles reflects a collective optimism about the future.

Chris O’Connor's reflections on his tenure at SACP paint a picture of a rewarding chapter in his career, with his confidence in the new leadership team's ability to drive the firm forward serving as a testament to the solid foundation he leaves behind. SACP's commitment to partnership-driven lending, disciplined execution, and innovative capital solutions for middle-market borrowers in the retail and consumer sectors remains unwavering, signaling a seamless transition and a bright future ahead.