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Mount Logan Plans to Become Adviser to AFA Asset Based Lending Fund
Mount Logan Management has agreed to take over investment advisory responsibilities for the AFA Asset Based Lending Fund, according to Blue Vault's coverage of the company's October 20 announcement. The interval fund reported approximately $230 million in net assets at September 30, 2026.
The proposal would rename the vehicle Mount Logan Asset Based Lending Fund while retaining its lending and specialty-finance focus. Mount Logan estimates that the transaction would bring its combined interval fund assets to about $460 million. The adviser transition remains conditional on shareholder and regulatory approvals, with completion expected in the first quarter of 2027.
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