Successful Redomiciling and NASDAQ Listing
Mount Logan Capital has successfully redomiciled from Canada to the U.S. and now trades on the NASDAQ Capital Market under the ticker MLCI, marking a significant milestone for the company.
Strong Asset Management and Insurance Platform
Mount Logan manages over $2 billion of assets in private credit and insurance solutions, supported by large institutional and retail investors.
Strategic Mergers and Growth Opportunities
The merger of Portman Ridge and Logan Ridge created BCP Investment Corporation, enhancing earnings capacity and synergies. The company also supports the merger of Runway Growth Finance Corporation with SWK Holdings.
Increased Shareholder Equity and Cash Position
Total assets increased by 5% since year-end, and shareholders' equity rose by 26% year-to-date. The company holds $162 million in cash and cash equivalents, up 43% from a year ago.