#United States #Boston #Leadership Transition #Second Avenue Capital #SB360 Holdings

Second Avenue Capital Partners Announces Strategic Leadership Changes

On June 5, 2025, Second Avenue Capital Partners (SACP), the specialty finance branch of SB360 Holdings, revealed significant changes in its leadership structure. This transition comes as Chris O'Connor, the President of SACP, has retired effective May 31, 2025. His guidance was pivotal in establishing the firm’s strong presence in the finance industry and fostering robust relationships within the client and lending communities.

To navigate this transition and ensure continued growth, SACP announced the promotion of several key team members, including three founding members:

• - Michael Sullivan - Head of Originations and Corporate Growth
• - Mark Gallivan - Head of Investments and Operations
• - Andrew Prunier - Head of Portfolio Team and Strategy
• - Michael Russell - Head of Deal Execution

These promotions aim to solidify the operational leadership within SACP, ensuring that the firm maintains its strategic direction under the broader umbrella of SB360 Holdings. Aaron Miller, the President and Managing Partner of SB360 Holdings, will continue to oversee all the verticals within the parent company while identifying synergistic opportunities across the Schottenstein platform.

The new leadership team has an extensive background, having been integral to the firm’s inception and development alongside the Miller and Schottenstein families. These leaders have played a crucial role in evolving SACP into a prominent provider of capital solutions tailored for the retail and consumer sectors.

According to Aaron Miller, “The platform we built at SACP was always rooted in partnership and precision. The contributions of Andrew, Michael, and Mark since day one cannot be overstated. Mike Russell's addition has also been invaluable for our growth trajectory, enhancing our business approach and execution.” His confidence in the newly promoted team highlights their commitment to serving borrowers effectively, focusing on key attributes such as speed, flexibility, and insight.

Chris O'Connor reflected on his retirement, deeming his time at SACP one of the most gratifying experiences of his career. He expressed pride in the accomplishments of the firm and a strong belief in the capabilities of the new leadership to guide SACP into its next chapter.

The commitment of the broader SACP team plays a pivotal role in supporting the organization’s strength and reputation. The team’s extensive expertise spans various essential areas, including lending, underwriting, capital allocation, and relationship management, which are critical in maintaining the firm's productivity and standing in the finance industry.

O'Connor’s confidence in his successors—Andrew, Michael, Mark, and Mike—underscores the belief that the firm’s future leadership is in trustworthy hands. He emphasized that the focus remains on a partnership-driven lending approach that prioritizes disciplined execution and innovative capital solutions tailored for middle-market borrowers.

SACP specializes in asset-based loans for retail and consumer products, serving middle-market companies with customized financial solutions. By leveraging insights from retail operations, product merchants, and lenders, SACP aims to unlock value in assets that other financiers might overlook.

For clients seeking robust capital solutions to achieve their strategic and financial goals, SACP continues to uphold its foundational principles while expanding its footprint in this competitive landscape. The new leadership team, with its distinct approach and collaborative mindset, is set to build upon the firm’s legacy while maintaining its commitment to excellence in the finance sector.

To learn more about SACP and its innovative financial solutions, visit sacp.com.