Mount Logan Capital Inc. Subsidiary Appointed as Investment Adviser of U.S. Business Development Company All amounts are stated in United States dollars, unless otherwise indicated
Mount Logan Capital Inc. Subsidiary Appointed as Investment Adviser of U.S. Business Development Company All amounts are stated in United States dollars, unless otherwise indicated
TORONTO, July 01, 2021 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan” or the “Company”) today announced that it has completed its previously announced transaction whereby the Company’s wholly-owned subsidiary, Mount Logan Management LLC (“ML Management”), has become the investment adviser of Capitala Finance Corp. (“Capitala”), a U.S. publicly traded business development company (“BDC”) with approximately $320 million of total assets as of March 31, 2021. Capitala primarily invests in first lien loans and, to a lesser extent, second lien loans and equity securities issued by lower middle market companies. Read More