Weekly Recap: Q3 loss narrows and SOFIX asset deal and fund merger close

Mount Logan Capital Inc (NASDAQ:MLCI) reported a Q3 2026 net loss of $3.7 million, or $0.33 per share, versus $13.4 million, or $1.64, a year earlier, while revenue rose 12% to $12.9 million. It completed SOFIX’s purchase of Yieldstreet Alternative Income Fund assets and merged Alternative Credit Income Fund with BC Partners Lending Corporation.

Previous Week Recap

• Q3 Loss Narrows, Revenue Rises: Mount Logan Capital (MLCI) reported a Q3 2026 net loss of $3.7 million, or $0.33 per share, versus $13.4 million, or $1.64, a year earlier. Revenue rose 12% to $12.9 million.
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• SOFIX Asset Purchase, Fund Merger: Mount Logan Capital (MLCI) completed SOFIX’s purchase of Yieldstreet Alternative Income Fund assets and merged Alternative Credit Income Fund with BC Partners Lending Corporation.
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• Agrees To Advise AFA Fund: Mount Logan Capital agreed to advise the AFA Asset Based Lending Fund, subject to shareholder and regulatory approval. After closing, the fund is expected to take the Mount Logan name.
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• Brandon Harper Named Accounting Chief: Mount Logan Capital Inc (MLCI) appointed Brandon Harper as chief accounting officer and principal accounting officer. Harper succeeds Brandon Satoren as principal accounting officer.
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