MidCap Financial Investment appoints Joseph Durkin as chief accounting officer

MidCap Financial Investment Corp (NASDAQ:MFIC), a $1.2 billion market cap company with a "GOOD" InvestingPro Financial Health score, announced Monday that its board of directors has appointed Joseph Durkin as chief accounting officer, effective as of the close of business on Thursday.

According to a statement based on a recent SEC filing, Mr. Durkin, 36, joined Apollo Global Management, Inc. in September and now serves as chief accounting officer for both MidCap Financial Investment Corp and MidCap Apollo Institutional Private Lending. Prior to joining Apollo, Mr. Durkin was a principal at Churchill Asset Management, where he focused on the registered fund platform from 2019 to 2025. Before that, he worked as a manager at Ernst & Young LLP in the Wealth and Asset Management audit practice.

The company stated that Mr. Durkin’s appointment was not made pursuant to any arrangement or understanding with another person, and he does not have a family relationship with any director or executive officer of the company. The filing also noted that Mr. Durkin has not engaged in any related-party transactions with the company since the beginning of the last fiscal year and has not entered into any material contract or plan in connection with his appointment.

Mr. Durkin holds both a Bachelor of Science and a Master of Science in Accounting from Fordham University and is a Certified Public Accountant in New York State.

This information is based on a press release statement contained in a recent SEC filing.

In other recent news, MidCap Financial Investment Corp reported its Q2 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.39, compared to the anticipated $0.3768. This represents a 3.5% positive surprise for the company. However, the revenue figures did not meet expectations, coming in at $81.25 million, which was 0.6% below the forecast. These developments have caught the attention of investors and analysts alike. The company’s recent performance has been a topic of discussion among financial analysts. While the EPS figures were encouraging, the revenue shortfall has raised questions about future growth prospects. Despite the mixed results, the stock price responded positively to the earnings announcement. Investors and analysts will likely continue to monitor MidCap Financial’s performance closely in the coming quarters.

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