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Apollo Investment (AINV +4.6%) says Apollo Global Management (APO +0.8%) purchased about $50M,...

Apr. 02, 2012 2:52 PM ETMidCap Financial Investment Corporation (MFIC)MFIC, APOBy: David Yelle, SA News Editor
Apollo Investment (AINV +4.6%) says Apollo Global Management (APO +0.8%) purchased about $50M, or about 5.9 million shares, of newly issued Apollo Investment stock amid plans to expand its focus. Separately, the firm adds that it's beginning a search for a new chief financial officer after its earlier choice was unable to join the company due to a scheduling conflict.

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