Second Avenue Capital Partners Announces Leadership Transition and Promotions
Second Avenue Capital Partners (SACP) has announced a significant leadership transition with the retirement of its President, Chris O’Connor, and the promotion of founding members to key roles, signaling a new chapter for the firm in providing flexible capital solutions to the retail and consumer sectors.
Second Avenue Capital Partners (SACP), a specialty finance affiliate of SB360 Holdings, has announced a leadership transition as Chris O’Connor, President of SACP, retires effective May 31, 2025. O’Connor's leadership was pivotal in establishing the firm's strong relationships across the client and lending community. In response to this transition, SACP has promoted three of its founding members to new leadership roles: Michael Sullivan as Head of Originations and Corporate Growth, Mark Gallivan as Head of Investments and Operations, and Andrew Prunier as Head of Portfolio Team and Strategy, alongside Michael Russell as Head of Deal Execution.
Aaron Miller, President and Managing Partner of SB360 Holdings, will continue to oversee all SB360 verticals, ensuring strategic direction and identifying opportunities across the Schottenstein platform. These promotions underscore SACP's commitment to its founding principles of partnership-driven lending and disciplined execution, with a focus on meeting the evolving needs of middle-market borrowers.
The transition reflects SACP's confidence in its leadership team's ability to drive growth and maintain the firm's reputation for creative capital solutions. The firm's dedicated team, with deep expertise in lending and underwriting, remains central to its performance. Aaron Miller highlighted the contributions of the promoted leaders, emphasizing their role in SACP's success and their potential to lead with integrity and creativity.
Joseph Schottenstein expressed pride in the team's achievements and confidence in its future direction. Chris O’Connor, reflecting on his retirement, expressed confidence in the new leadership's ability to steer SACP forward. This leadership transition marks a significant moment for SACP as it continues to provide tailored financial solutions to the retail and consumer products industry, leveraging its unique merchant perspective to unlock value for middle-market companies.