Eric Luukko joined Second Avenue Capital Partners as a managing director. Based in the Boston office, Luukko’s responsibilities will include due diligence, collateral oversight and loan operations.
“The addition of Eric will further advance our ability to help clients achieve their financial objectives through flexible capital solutions,” Chris O’Connor, president of Second Avenue Capital Partners, said. “We’re currently focused on steering our clients through recovery from extraordinary market challenges, and we know Eric will play a meaningful role in that endeavor. We are delighted to welcome him to our team. He will be an integral part of the continued success of SACP.”
Luukko has more than 20 years of experience in the financial services industry. Before joining Second Avenue Capital Partners, he served as a managing director with Clear Thinking Group, where he was engaged in a variety of financial consulting assignments, including several pertaining to bankruptcy. Previously, he held the position of vice president with Rockland Trust, Webster Bank and Gordon Brothers Finance. Luukko began his career in retail at the Thom McAn Shoe Company. While at Thom McAn, he advanced through roles of increasing responsibility in IT and finance.
“This is an exciting time in the ABL industry, and I am very pleased to be part of a growth-oriented asset-based finance company,” Luukko said. “It’s also great to rejoin Chris O’Connor whom I previously worked with for more than 10 years.”
Second Avenue Capital Partners is a finance company specializing in asset-based loans for the broader retail and consumer products industry.
