Mount Logan Capital Reports Progress on TURN Integration and Portfolio Reduction

Reuters2025-12-29
Mount Logan Capital Reports Progress on TURN Integration and Portfolio Reduction

Mount Logan Capital Inc. provided a business update following the closing of its business combination with 180 Degree Capital Corp. on September 12, 2025. Since the transaction, Mount Logan has integrated the 180 Degree Capital investment team into its Asset Management and Insurance Solutions businesses. The company reported that the public equity portfolio acquired from 180 Degree Capital has appreciated by approximately $2 million, with the number of portfolio holdings reduced from six to three as of December 26, 2025. Management expects to fully exit the remaining legacy portfolio positions by the end of the first half of 2026. Less than 3% of Mount Logan’s GAAP equity value as of September 30, 2025, is attributable to legacy 180 Degree Capital investments, excluding shares of Synchronoss Technologies, Inc. subject to a voting agreement. The company is redeploying capital from the transaction to support growth in its core businesses, including funding new insurance strategies at Ability Insurance Company and evaluating future tenders and stock repurchases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mount Logan Capital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002051820-25-000176), on December 29, 2025, and is solely responsible for the information contained therein.

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