MidCap Apollo Institutional Private Lending 8-K

What Happened
MidCap Apollo Institutional Private Lending filed an Form 8‑K (Item 5.02) reporting that trustee and Chairman Howard Widra notified the Board he will resign effective at the close of business on June 18, 2026, in connection with his previously announced retirement from Apollo Global Management. On April 17, 2026 the Board appointed Tanner Powell to the Board and named him Chairman, also effective at the close of business on June 18, 2026.

Key Details

• Howard Widra’s resignation effective June 18, 2026; not due to any disagreement with the Company, its adviser, the Board or their affiliates.
• Tanner Powell’s appointment and Chairmanship effective June 18, 2026 (Board action on April 17, 2026).
• Powell joined Apollo in 2006; he was elected the Company’s Chief Executive Officer in March 2024 and has been CEO of MidCap Financial Investment Corporation since August 2022.
• Powell confirmed (i) no appointment made pursuant to any arrangement with another person, (ii) no reportable transactions under Item 404(a) of Regulation S‑K since the start of the last fiscal year, and (iii) no expected material plan, contract, arrangement, grant or award in connection with his trustee appointment.

Why It Matters
Board leadership is changing with the scheduled departure of the current Chair and the elevation of the Company’s CEO, Tanner Powell, to Chair. For investors, this is a governance-level change that may affect board oversight and continuity; the filing notes the transition is tied to Widra’s retirement from Apollo and not to any internal disagreement.