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MFIC — Midcap Financial Investment News Story

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Apollo in talks to sell $3 billion private credit fund, WSJ reports

May 10 (Reuters) - Apollo Global Management APO.N has held talks to sell MidCap Financial Investment MFIC.O, its publicly listed business development company focused on private-credit fund, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

Apollo values the fund, known as MFIC, and its portfolio at about $3 billion, the report added.

 (Reporting by Akanksha Khushi in Bengaluru; Editing by Sumana Nandy)

 ((Akanksha.Khushi@thomsonreuters.com))

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