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MFIC

12.86000 USD
0.05
0.39%
Last update May 16, 3:59 PM EDT
Pre-market
Day range
12.74000
12.89000
Previous close
12.81000
Open
12.75
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MidCap Financial Investment Corporation
12.86
0.05
0.39%

Overview

Description

MidCap Financial Investment Corporation is a business development company that focuses on providing capital solutions to middle-market companies in the United States. Its primary function is to offer debt and equity financing to companies needing structured credit solutions, empowering growth and expansion initiatives in firms typically underserved by traditional banking institutions. This corporation primarily influences sectors such as healthcare, technology, and business services, where medium-sized enterprises often drive innovation and economic growth but require substantial financial backing to scale operations. In the financial market, MidCap Financial Investment Corporation plays a critical role by bridging the funding gap faced by midsized companies, fostering a thriving middle market ecosystem. It contributes to portfolio diversification for investors seeking exposure to credit instruments with potentially higher returns associated with middle-market lending. The firm's strategic positioning emphasizes stability and structured risk management through its diverse investment strategies and seasoned management team. This focus on creditworthy yet underrepresented companies underscores its significance in reinforcing the middle-market segment's capacity, impacting broader economic development and employment opportunities.

About

CEO
Employees
0
Address
Nine West 57th Street
43rd Floor
New York, 10019, NY
United States
Phone
212 515 3200
Instrument type
Common stock
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNGS
Pre-market

Exchange is currently open for pre-market.
Main market opens in 1 day 3 hours 56 minutes

05:33
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).