MidCap Financial Investment Corporation (MFIC)
NASDAQ: MFIC · IEX Real-Time Price · USD
15.26
+0.25 (1.67%)
Apr 19, 2024, 3:13 PM EDT - Market open

Company Description

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is a business development company and a closed-end, externally managed, non-diversified management investment company.

It is elected to be treated as a business development company ("BDC") under the Investment Company Act of 1940 (the "1940 Act") specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.

It provides direct equity capital, mezzanine, first lien secured loans, stretch senior loans, unitranche loans, second lien secured loans and senior secured loans, unsecured debt, and subordinated debt and loans.

It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products.

It prefers to invest in preferred equity, common equity / interests and warrants and makes equity co-investments.

It may invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded.

It also focuses on other investments such as collateralized loan obligations ("CLOs") and credit-linked notes ("CLNs").

The fund typically invests in construction and building materials, business services, plastics & rubber, advertising, capital equipment, education, cable television, chemicals, consumer products/goods durable and non-durable and customer services, direct marketing, energy " oil & gas, electricity and utilities.

The fund also invest in aerospace & defense, wholesale, telecommunications, financial services, hotel, gaming, leisure, restaurants; environmental industries, healthcare and pharmaceuticals, high tech industries, beverages, food and tobacco, manufacturing, media " diversified & production, printing and publishing, retail, automation, aviation

MidCap Financial Investment Corporation
MidCap Financial Investment logo
Country United States
IPO Date Apr 6, 2004
Industry Asset Management
Sector Financials
CEO Tanner Powell

Contact Details

Address:
9 W. 57th Street
New York, New York 10019
United States
Phone (212) 822-0509
Website apolloic.com

Stock Details

Ticker Symbol MFIC
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001278752
ISIN Number US03761U5020
Employer ID 52-2439556

Key Executives

Name Position
Howard T. Widra Executive Chairman of the Board
Tanner Powell Chief Executive Officer
Ted McNulty President and Chief Investment Officer for Apollo Investment Management
Gregory William Hunt Chief Financial Officer and Treasurer
Kristin Marie Hester Chief Legal Officer, Secretary and Vice President
Elizabeth Besen Investor Relations Manager
Ryan Louis Michael Del Giudice Vice President and Chief Compliance Officer
Justin Sendak Managing Director
Daniel Vogel Managing Director
Patrick Ryan Chief Credit Officer of AIM

Latest SEC Filings

Date Type Title
Apr 18, 2024 425 Filing
Apr 9, 2024 40-17G Filing
Apr 4, 2024 425 Filing
Apr 4, 2024 425 Filing
Apr 4, 2024 424B3 Prospectus
Apr 3, 2024 EFFECT Notice of Effectiveness
Apr 1, 2024 N-14 8C/A Filing
Mar 20, 2024 N-14 8C/A Filing
Mar 4, 2024 425 Filing
Mar 1, 2024 425 Filing