Apollo Investment Corp. is nearing a $500 million deal to acquire healthcare lender MidCap Financial, according to Bloomberg. MidCap was launched in 2008 with a $500 million equity commitments from Lee Equity Partners, Genstar Capital and Moelis Capital. www.midcapfinancial.com
Aqua Pharmaceuticals, a West Chester, Penn.-based developer of prescription skin care treatments, has acquired from Stiefel (a GSK company) the U.S. rights to a foam for the topical treatment of atopic dermatitis. No financial terms were disclosed. MORE