Mount Logan Capital Inc. Completes Merger of the Alternative Credit Income Fund with BC Partners Lending Corporation
Globe Newswire•14/10/2026•08:00 ET
0
Key Highlights
- ➤Merger closed September 29, 2026, combining ACIF with BC Partners Lending Corporation
- ➤Mount Logan expects approximately $3.5 million in annualized FRE from the merger
- ➤Merger expected immediately accretive to FRE and EPS, beginning in fourth-quarter 2026
- ➤Yieldstreet transaction and merger expected to contribute over $6.5 million to 2027 FRE
- ➤BCPL offers ACIF shareholders a larger, more diversified direct-lending vehicle
Expert Statements
Ted Goldthorpe, Chairman and Chief Executive Officer of Mount Logan
“Merging ACIF with BCPL moves ACIF shareholders into a larger, more diversified direct lending vehicle and is expected to add approximately $3.5 million of annualized FRE to Mount Logan,”
Ted Goldthorpe, Chairman and Chief Executive Officer of Mount Logan
“The Merger also represents another significant milestone for Mount Logan, as we continue to simplify our platform and optimize our corporate structure to focus on core earnings vehicles.”
Ted Goldthorpe, Chairman and Chief Executive Officer of Mount Logan
“Coming shortly after the Yieldstreet transaction, this merger demonstrates that the previously mentioned inorganic growth initiatives of our managed funds is a repeatable source of recurring FRE rather than one-time events.”
Merger is expected to be immediately accretive to Mount Logan's FRE(1) and EPS, with benefits beginning in the fourth quarter of 2026
Together with the recently completed Yieldstreet transaction, expected to contribute more than $6.5 million to FRE in 2027
Get started
Create a free account to read the full story.