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2026-05-11All stories Headlines Search Latest

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Private credit

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2026-05-11

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Stone façade of a Wall Street financial-district building draped with U.S. flags — illustrative imagery for Newsorga's reporting on Apollo Global Management's discussions, first reported by the Wall Street Journal on May 10–11, 2026, to sell its $3 billion MidCap Financial Investment Corp (MFIC) publicly listed business development company amid rising private-credit defaults.

Markets

Apollo in talks to sell $3bn MFIC private-credit BDC after Q1 defaults jump to 5.3% and 11% redemption hit at private vehicle

2026-05-1111 min read