Successful closing of the previously announced acquisition by the Mount Logan-managed Opportunistic Credit Interval Fund (SOFIX) of the approximately $130 million in assets of the Yieldstreet Alternative Income Fund (YS AIF), nearly doubling SOFIX's net assets Transaction is immediately accretive to Mount Logan's earnings per share; estimated to contribute more than $3 million of incremental annual fee-related earnings (FRE), representing more than 40% of Mount Logan's FRE 1 for the twelve months ended June 30, 2026 Advances Mount Logan's disciplined inorganic growth strategy and reinforces the Company's ability to acquire complementary AUM at attractive valuations in the current environment Positions the SOFIX platform to benefit from Mount Logan's retail distribution build-out, including a newly added third-party distribution partner and an expanded internal sales team supported through Mount Logan's staffing and servicing arrangement with BC Partners NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan” or the “Company”) today announced the successful closing of the previously announced acquisition by the Opportunistic Credit Interval Fund (“SOFIX”), a fund managed by Mount Logan's wholly owned registered investment advisor Mount Logan Management, LLC (“MLM”), of substantially all of the assets of Yieldstreet Alternative Income Fund Inc. (“YS AIF”) (the “Asset Acquisition”). The Asset Acquisition was approved by holders of a majority of the outstanding shares of YS AIF on July 31, 2026.
