MFIC

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is 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 "