---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-131003"
form_type: "8-K"
ticker: "MFIC"
cik: "0001278752"
company_name: "MidCap Financial Investment Corp"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T02:50:47.483036+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MidCap Financial Investment Corp rebrands, cuts fees, reports 2022 NII of $1.57/share

## Summary
- Rebranded from Apollo Investment Corp (AINV) to MFIC in Aug 2022; MidCap Financial made $30M equity investment at NAV, now owning 3.0%.
- Base management fee permanently cut to 1.75% on net assets (approx 50% reduction); incentive fee reduced from 20% to 17.5%.
- Leadership: Howard Widra Executive Chairman, Tanner Powell CEO, Ted McNulty President, Kristin Hester Chief Legal Officer.
- 2022 total investment income $230.4M; net investment income $101.0M ($1.57/share); NAV per share $15.10; distributions $1.41/share.
- Total stock return 0.3% in 2022, outperforming S&P 500 (-18.1%) and NASDAQ (-32.5%).

## SEC filing metadata
- accession: 0001193125-23-131003
- form_type: 8-K
- ticker: MFIC
- cik: 0001278752
- company_name: MidCap Financial Investment Corp
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278752/000119312523131003/0001193125-23-131003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278752/000119312523131003/d506023d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-131003
- JSON: https://secwatch.observer/filing/0001193125-23-131003.json
- Plain text: https://secwatch.observer/filing/0001193125-23-131003.txt

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