MFIC

MidCap Financial Investment Corporation (NASDAQ:MFIC) is a business development company (BDC) that specializes in providing debt financing to middle-market companies. Founded in 2004 and originally known as Apollo Investment Corporation, the company operates as a closed-end, externally managed investment company that has elected to be treated as a BDC under the Investment Company Act of 1940. The company underwent significant transformation through strategic mergers in 2024, combining with Apollo Senior Floating Rate Fund and Apollo Tactical Income Fund to increase its scale and investment capacity. Today, MFIC manages a portfolio worth over $3 billion, focusing primarily on direct-origination middle-market lending through its partnership with MidCap Financial, a leading middle-market lending platform.