Mount Logan Capital completed the merger with 180 Degree Capital for $114m.

Mount Logan Capital, an alternative asset management and insurance solutions company, completed the merger with 180 Degree Capital, a publicly traded registered closed-end fund, for $114m. “The successful completion of our Business Combination with 180 Degree Capital marks a significant milestone in Mount Logan’s growth journey. By combining with 180 Degree Capital, we are creating a stronger, more diversified platform with enhanced scale and access to US capital markets. We believe the strategic combination enhances our ability to generate recurring fee and spread-related earnings, and deliver greater value to our shareholders and partners as we continue to grow as a leading alternative asset management and insurance solutions platform. We are excited to welcome 180 Degree Capital’s shareholders and our new board members to New Mount Logan as we move forward together,” Ted Goldthorpe, Mount Logan CEO.