Find more information on the issues deeply affected by private equity investments:
The Private Equity Stakeholder Project (PESP) was founded in 2017 to address the growing impacts of private equity on people and the planet. We are a resource to the communities, individuals, and organizations grappling with these impacts. In the coming…
U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Bernie Sanders (D-VT), and Richard Blumenthal (D-CT) wrote concerned letters to BlackRock and Blackstone earlier this month.
A major new feature in The American Prospect, “Lightning in a Bottle,” highlights the growing national crisis around rising electricity costs and the weakened regulatory systems meant to protect households. The story underscores how…
Lander’s $42B call highlights growing alarm over BlackRock’s fossil fuel strategy Watchdog argues BlackRock’s fossil fuel expansion and high-risk infrastructure investments are incompatible with prudent, long-term pension management Outgoing New York City Comptroller Brad Lander has called…
Signs of turmoil within Carlyle as the firm fails its second high-profile overseas fossil fuel acquisition attempt American private equity firm The Carlyle Group has been successfully expanding its fossil fuel footprint across the United States, recently…
Media spotlight: PESP’s expertise anchors reporting on Minnesota utility buyout Minnesota regulators have approved BlackRock’s Global Infrastructure Partners’ $6 billion takeover of ALLETE, the parent company of Minnesota Power. The deal hands control of one of the state’s…
A new analysis from the Private Equity Climate Risks (PECR) research consortium, “Mapping Private Equity’s Gas Fleet: Climate Footprint, Health Impacts, and AI-Driven Demand,” reveals that the world’s largest private equity firms collectively own…
Private equity firms power the AI boom at public expense, new research warns New research shows firms like BlackRock and Blackstone are driving fossil fuel buildouts and utility takeovers to feed speculative data center demand. A new research brief from…
The rush to power AI through utility takeovers poses uncertain payoffs and significant public costs. The expansion of the digital sector, catalyzed by the proliferation of cryptocurrency and artificial intelligence (AI), has led to explosive growth in data…
Oregon State Treasurer, Elizabeth Steiner, published four investment principles on October 21st that will inform her decision-making as a Council member at the $95 billion Oregon Public Employees Retirement Fund (OPERF) regarding the…
Investor risks continue in BlackRock-owned GIP’s Rio Grande Liquefied Natural Gas development While BlackRock’s Global Infrastructure Partners has announced a significant additional investment in the Rio Grande liquefied natural gas…
