Mount Logan Capital (TSE:MLC) has released an update.
Mount Logan Capital Inc. has strategically acquired a minority stake in Runway Growth Capital LLC, a North American lending platform known for providing significant loans to fast-growing companies. This move aligns Mount Logan with a top-tier manager in the venture lending space, enhancing its private credit capabilities and positioning it for further growth. The investment also benefits Runway’s existing investors by expanding capital availability and investment solutions.
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