When Pennsylvania fined the natural gas pipeline owner Energy Transfer Partners a record $30 million last month, the penalty didn’t just hit the company’s bottom line.
First Eagle Alternative Credit today announced the final closing of its fourth middle market direct lending fund, THL Credit Direct Lending Fund IV, with $782 million of available investment capacity including leverage.
Douglas Hodge, the former PIMCO chief who once safeguarded the retirement savings of millions of Americans, was sentenced to nine months in prison for paying $850,000 in bribes to get four of his children into USC and Georgetown as phony soccer and tennis team recruits.