Every material Form 8-K Mount Logan Capital Inc. has filed with the SEC since October 15, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Mount Logan Capital appointed Brandon Harper as its Chief Accounting Officer and principal accounting officer, effective November 3, 2026. Brandon Satoren, the company's CFO, no longer serves as principal accounting officer, though he remains CFO.
Brandon Harper, age 33, appointed by the board on November 3, 2026, previously served as Group Controller from July 2026.
Harper received 7,080 restricted stock units on November 6, 2026, vesting in three equal installments on January 1, 2027, 2028 and 2029.
Brandon Satoren, Chief Financial Officer, no longer serves as principal accounting officer as of November 3, 2026.
The filing notes potential conflicts of interest with BC Partners Advisors L.P., the company's servicing agent and holder of a minority equity interest through an affiliate.
Mount Logan Capital reported third-quarter 2026 total revenues of $12.9 million, up 12% from $11.4 million a year earlier, and a net loss of $3.7 million versus $13.4 million in the third quarter of 2025. Basic loss per share was $0.33, compared with $1.64, and the company attributed the narrower loss mainly to transaction expenses from the prior-year TURN merger that did not recur. Segment Income fell to $3.2 million in the quarter, but year-to-date Segment Income rose 21% to $11.5 million.
Total revenues $12.9 million for Q3 2026, up 12% from $11.4 million in Q3 2025
Net loss $3.7 million, compared with $13.4 million in Q3 2025; basic loss per share $0.33 versus $1.64
Q3 Segment Income $3.2 million versus $4.2 million; year-to-date Segment Income $11.5 million, up 21%
Quarterly distribution of $0.03 per share payable November 30, 2026 to holders of record on November 19, 2026
Mount Logan's subsidiary Mount Logan Management signed an agreement on October 19, 2026 to acquire business assets from Alternative Fund Advisors and replace it as investment manager of the AFA Asset Based Lending Fund. The company expects the deal to be immediately accretive to its FRE upon closing, which is expected in Q1 2027 subject to shareholder and regulatory approvals.
Agreement dated October 19, 2026; closing expected in Q1 2027, subject to fund shareholder and regulatory approvals
Consideration of up to $4.6 million, including $300,000 in cash at closing and deferred installments, with a 40% share of certain fees paid to the seller for five years
The fund had about $230 million in assets; the combined interval fund assets would be about $460 million
Seller indemnity for non-fundamental representations is subject to a $75,000 deductible and a $2,000,000 cap
Mount Logan Capital's indirect subsidiary MLC US Holdings signed Amendment No. 6 to its credit agreement, which waives certain specified defaults linked to the September 29, 2026 merger of Alternative Credit Income Fund into BC Partners Lending Corporation and the cancellation of a $15.0 million promissory note. The filing also discloses a revenue share agreement that gives the subsidiary a share of adviser fees, but it does not report any financial results or a dollar amount for that share.
Amendment No. 6 dated October 9, 2026 includes a limited waiver of specified events of default under the Credit Agreement.
The SCIM Promissory Note, originally $15.0 million, was cancelled on September 29, 2026 in exchange for rights to a 29.88% revenue share of BCPA's management and incentive fees, less certain sales force compensation.
Net amount owed to Sierra Crest Investment Management under the terminated Services Agreement was initially calculated at approximately $3.4 million, to be repaid quarterly by offset against revenue share payments.
No early termination penalties were incurred in connection with the note cancellation or the Services Agreement termination.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Mount Logan Capital Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →