Chicago-based O2 Sponsor Finance promoted Nick O’Brien to senior vice president.
President Joe Gaffigan said O’Brien “has been instrumental in originating new business to help drive the portfolio’s growth and expanding and deepening our sponsor relationships. We look forward to continued success with Nick and the rest of the team in 2024.”
O2 Sponsor Finance is a division of Aurora, Ill.-based Old Second National Bank. O2 Sponsor Finance provides cash flow-based loans to lower middle-market businesses, usually with between $10 million to $100 million in revenue.