MLCI 8-K
Mount Logan Capital Inc. (MLCI)
8-K
2026-02-10
For: 2026-02-09
View Original
Added on
April 08, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934
Date of Report (Date of earliest event reported): February 9, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
(Address of principal executive offices) | (Zip Code) | |||||||
(212 ) 891-2880
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each Class | Trading Symbol | Name of each exchange on which registered | ||||||
The | ||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b 2 of this chapter).
Emerging growth company ☒
If any emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On February 9, 2026, the board of directors of Mount Logan Capital Inc. (the “Company”) appointed Brandon Satoren, age 37, as Chief Financial Officer and Corporate Secretary of the Company, effective April 1, 2026.
Mr. Satoren currently serves as Chief Financial Officer, Treasurer and Secretary of BCP Investment Corporation (Nasdaq: BCIC) (“BCIC”) and has held similar roles since May 2021with the public interval funds managed by the Company’s wholly owned and minority owned investment advisers. Prior to that, Mr. Satoren previously worked at PennantPark Investment Advisers, LLC, as a Vice President and Controller on their Finance & Operations team from June 2019 to May 2021. Prior to PennantPark, Mr. Satoren worked for AQR Capital Management, LLC, and, prior to AQR Capital Management, LLC, he spent approximately nine years at PricewaterhouseCoopers LLP in their Asset Management Assurance practice. Mr. Satoren holds a BBA from the University of Central Florida. Mr. Satoren is a Certified Public Accountant licensed to practice in Colorado and is a member of the American Institute of Certified Public Accountants. Mr. Satoren does not have any family relationships with any current director, executive officer, or person nominated to become a director or executive officer, of the Company.
Mr. Satoren will continue in his roles with BCIC and the Company’s two public interval funds in addition to serving as the Company’s Chief Financial Officer and Corporate Secretary. BCIC is a closed-end, externally managed, non-diversified investment company that is regulated as a business development company and is managed by the same external manager as Alternative Credit Income Fund (“ACIF”), one of the Company’s two interval funds. This external manager, Sierra Crest Investment Management (“SCIM”), is majority owned by BC Partners Advisors L.P. (“BCPA”). The Company holds a minority interest of 24.99% in SCIM. The Company’s relationship with BCPA through its shared ownership in SCIM as well as the Servicing Agreement (as defined below), and other agreements and fee-sharing arrangements represents a key aspect of the Company’s asset management segment. The Company’s other public interval fund, Opportunistic Credit Interval Fund, is managed by the Company’s wholly owned asset manager, Mount Logan Management LLC.
Mr. Satoren’s services to the Company will be provided in accordance with that certain Third Amended and Restated Servicing Agreement, dated as of January 23, 2023, by and among the Company and BCPA (the “Servicing Agreement”), a copy of which is included hereto as Exhibit 10.1 and is incorporated herein by reference. Mr. Satoren has not entered into any compensatory arrangements with the Company.
Due to the overlapping nature of the business of the Company and BCPA, the Company’s reliance on various agreements with BCPA, including the Servicing Agreement, and BCPA’s minority equity interest in the Company through its affiliate, BC Partners Investment Holdings, conflicts of interest may exist with BCPA. Additional information regarding these and any other potential “related person transactions” under Item 404 of Regulation S-K between the Company and BCPA and their affiliates is disclosed in the section entitled “Certain Relationships and Related Person Transactions” of the Company’s prospectus pursuant to Rule 424(b)(1) (File No. 333-292668), filed with the Securities and Exchange Commission on January 15, 2026, which is incorporated herein by reference.
On February 9, 2026, Nikita Klassen notified the Company of her intention to resign as Chief Financial Officer and Corporate Secretary of the Company effective as of the close of business on March 31, 2026. The Company and its board of directors are grateful to Ms. Klassen for her service.
Ms. Klassen’s resignation is not a result of any disagreement with the Company on any matter relating to its operations, financial statements, policies, or practices, or to any issues regarding its accounting policies or practices.
Item 7.01 Regulation FD
A press release announcing Mr. Satoren’s appointment is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in Item 7.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing, regardless of any general
incorporation language in any such filing, unless the Company expressly sets forth in such filing that such information is to be considered “filed” or incorporated by reference therein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | |||||||
| 10.1 | ||||||||
| 99.1 | ||||||||
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MOUNT LOGAN CAPITAL INC. | |||||||||||
| Date: | February 10, 2026 | By: | /s/ Nikita Klassen | ||||||||
| Name: | Nikita Klassen | ||||||||||
| Title: | Chief Financial Officer | ||||||||||
FOR IMMEDIATE RELEASE
Mount Logan Capital Inc. Announces Leadership Update
NEW YORK, February 10, 2026 – Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan” or the “Company”) today announced that Brandon Satoren will assume the role of Chief Financial Officer (“CFO”) and Corporate Secretary, effective April 1, 2026. Mr. Satoren will succeed Nikita Klassen who will remain at the Company as Chief Financial Officer through March 31, 2026.
“Brandon is a proven, growth-oriented leader with a deep understanding of our business, financial operations, and strategic priorities,” said Ted Goldthorpe, Chief Executive Officer of Mount Logan. “His appointment reflects the Board’s focus on capturing synergies across the Mount Logan platform. We are excited about the investments made in our platform following the closing of our business combination with 180 Degree Capital, transition to the U.S. marketplace and listing on Nasdaq. We believe Brandon’s addition to our leadership team will continue the momentum from the recent execution of our 2026 capital allocation priorities that included closing our senior notes offering and refinancing, as well as the completion of our previously announced tender offer.”
“On behalf of my colleagues and members of Mount Logan’s Board of Directors, we would like to thank Nikita for her contributions to the Company,” continued Mr. Goldthorpe. “Her leadership was critical to the execution of the 180 Degree Capital merger and building Mount Logan’s financial and operational foundation.”
Mr. Satoren currently serves as Chief Financial Officer across the Mount Logan retail credit platform, holding the roles of Chief Financial Officer, Secretary, and Treasurer for BCP Investment Corporation (Nasdaq: BCIC) and similar roles for the public interval funds and affiliated finance platforms managed by Mount Logan’s wholly owned and minority owned investment advisers. Mr. Satoren brings to Mount Logan a deep knowledge of its business model, complemented by extensive experience in financial operations, reporting, governance, and strategic planning. Mr. Satoren joined Mount Logan’s credit platform in May 2021, having previously worked at PennantPark as a Vice President and Controller on their Finance and Operations team. Prior to PennantPark, Mr. Satoren worked for AQR Capital Management, LLC, and, prior to that he spent close to nine years at PricewaterhouseCoopers LLP in their Asset Management Assurance practice. Mr. Satoren holds a BBA from the University of Central Florida.
About Mount Logan Capital Inc.
Mount Logan Capital Inc. is an integrated alternative asset management and insurance solutions firm focused on generating durable, fee-based revenue and long-term value creation. The Company leverages differentiated investment strategies alongside permanent insurance capital to deliver attractive, risk-adjusted returns across market cycles.
Through its subsidiaries, Mount Logan Management LLC and Ability Insurance Company, Mount Logan manages and invests across private and public credit markets in North America and the reinsurance of annuity products. This integrated platform is designed to provide stable earnings, downside protection, and a low risk of principal impairment through the credit cycle.
As of September 30, 2025, Mount Logan Capital had over $2.1 billion in assets under management.
To learn more, visit https://ir.mountlogan.com.
Contacts:
Mount Logan Capital Inc.
650 Madison Ave, Floor 3
New York City, NY 10022
Andrew Berger
SM Berger & Company