---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-209379"
form_type: "8-K"
ticker: "MFIC"
cik: "0001278752"
company_name: "MidCap Financial Investment Corp"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T05:43:43.559174+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Apollo Investment Q1 NII $0.37/share, NAV $15.52; fee cuts, $30M MidCap equity, name change to MFIC

## Summary
- Net investment income $0.37 per share for Q1 FY2023 (ended June 30, 2022); NAV $15.52, down 1.7% from prior quarter.
- Management fee cut to 1.75% of net assets, incentive fee to 17.5%, effective Jan 1, 2023.
- MidCap Financial affiliate invested $30M at $15.5228/share (NAV) via 1.93M shares with 2-year lock-up.
- Company to rename to MidCap Financial Investment Corporation, ticker MFIC, effective Aug 12, 2022.
- Howard Widra appointed Executive Chairman; Tanner Powell CEO; base dividend raised to $0.32/share from $0.31.

## SEC filing metadata
- accession: 0001193125-22-209379
- form_type: 8-K
- ticker: MFIC
- cik: 0001278752
- company_name: MidCap Financial Investment Corp
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278752/000119312522209379/0001193125-22-209379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278752/000119312522209379/d334976d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-209379
- JSON: https://secwatch.observer/filing/0001193125-22-209379.json
- Plain text: https://secwatch.observer/filing/0001193125-22-209379.txt

## Key facts
- Executive change
  Kristin Hester was appointed as Chief Legal Officer and Corporate Secretary at MidCap Financial Investment Corp.
  - Action: appointed
  - Role: Chief Legal Officer and Corporate Secretary
  source text: On August 1, 2022, the Board of the Registrant appointed Kristin Hester to serve as the Registrant's Chief Legal Officer and Corporate Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278752/000119312522209379/0001193125-22-209379-index.htm
- Executive change
  Tanner Powell was appointed as Chief Executive Officer of the Board at MidCap Financial Investment Corp.
  - Action: appointed
  - Role: Chief Executive Officer of the Board
  source text: On August 1, 2022, the Board of the Registrant appointed Tanner Powell to serve as Chief Executive Officer of the Registrant's Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278752/000119312522209379/0001193125-22-209379-index.htm
- Executive change
  Ted McNulty was appointed as President of the Registrant at MidCap Financial Investment Corp.
  - Action: appointed
  - Role: President of the Registrant
  source text: On August 1, 2022, the Board of the Registrant appointed Ted McNulty to serve as President of the Registrant.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278752/000119312522209379/0001193125-22-209379-index.htm
- Executive change
  Howard T. Widra was appointed as Executive Chairman of the Board at MidCap Financial Investment Corp.
  - Action: appointed
  - Role: Executive Chairman of the Board
  source text: On August 1, 2022, the Board of the Registrant appointed Howard T. Widra to serve as Executive Chairman of the Registrant's Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278752/000119312522209379/0001193125-22-209379-index.htm
- Executive change
  Joseph Glatt departed as Chief Legal Officer and Secretary at MidCap Financial Investment Corp.
  - Action: promoted
  - Role: Chief Legal Officer and Secretary
  source text: Joseph Glatt, 48, who served as the Registrant's Chief Legal Officer and Secretary since 2014, was promoted to a new role as Partner in Apollo's U.S. Financial Institutions Group.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278752/000119312522209379/0001193125-22-209379-index.htm
- Executive change
  John Hannan was appointed as Vice Chairman of the Board at MidCap Financial Investment Corp.
  - Action: appointed
  - Role: Vice Chairman of the Board
  source text: On August 1, 2022, John Hannan, 69, who served as Chairman of the Registrant's Board from August 2006 to August 2022, was appointed Vice Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278752/000119312522209379/0001193125-22-209379-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.