What Happened?
New York, -based Midcap-Financial-Investment-Corporation Promoted Ryan Del Giudice as Chief Compliance Officer
About the Company
Midcap Financial Investment Corporation (“MFIC”) (NASDAQ: MFIC) is a specialty finance company focused on providing senior debt solutions to middle market companies. Our investment objective is to generate current income and, to a lesser extent, capital appreciation. MFIC has elected to be treated as a Business Development Company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). Our common stock is publicly traded on The Nasdaq Global Select Market under the symbol “MFIC.” For tax purposes we have elected to be treated as a regulated investment company, or RIC, under the Internal Revenue Code of 1986, as amended (the “Code”). We are externally managed by an affiliate of Apollo Global Management, Inc. (“Apollo”), (NYSE: APO) a global, high-growth alternative asset manager. We primarily invest in senior secured first lien loans originated by MidCap Financial, one of the world`s leading middle market direct lenders with a long and successful track record, which is discretionally managed by Apollo. We derive significant benefits from our affiliation with Apollo and its unique partnership with MidCap Financial. Our ability to co-invest with other Apollo managed capital, and MidCap Financial, makes us part of the one of the largest direct lenders uniquely positioned to provide large commitments.
About the Person
Ryan Del Giudice is Chief Compliance Officer at Apollo. Previously, Ryan held various senior legal leadership roles in the industry.
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