Second Avenue Capital Partners Announces Leadership Transition and Promotions

Second Avenue Capital Partners (SACP), a specialty finance affiliate of SB360 Holdings, has announced significant leadership changes with the retirement of President Chris O’Connor and the promotion of several founding members to expanded roles. This transition marks a pivotal moment for SACP as it continues to solidify its position as a leading provider of flexible capital solutions in the retail and consumer sectors.

The promotions include Michael Sullivan to Head of Originations and Corporate Growth, Mark Gallivan to Head of Investments and Operations, and Andrew Prunier to Head of Portfolio Team and Strategy, alongside Michael Russell as Head of Deal Execution. These changes underscore the firm's commitment to maintaining its founding principles of partnership-driven lending and disciplined execution.

Aaron Miller, President and Managing Partner of SB360 Holdings, emphasized the importance of these leadership transitions, highlighting the instrumental role these individuals have played since the firm's inception. Their expanded roles are expected to drive growth and ensure SACP remains focused on serving its borrowers with speed, flexibility, and insight.

The leadership transition is supported by SACP's experienced team, whose deep expertise in lending, underwriting, and relationship management has been central to the firm's success. Joseph Schottenstein and Chris O’Connor both expressed confidence in the new leadership team's ability to uphold the firm's values and continue its trajectory of success.

This leadership evolution at SACP is not just a testament to the firm's robust foundation but also signals its readiness to embrace future opportunities while staying true to its core principles. The changes are poised to reinforce SACP's reputation as a trusted partner for middle-market borrowers seeking innovative and tailored financial solutions.