Find more information on the issues deeply affected by private equity investments:
The Guardian covered our latest report: Private Equity Profits from Disaster. As climate change accelerates and impacts more communities around the world, the need for skilled…
Citing PESP’s work throughout the article, Tablet investigated how Blackstone optimizes profits in its real estate holdings through: “maximum allowable rent increases, evictions, the rise of…
CalMatters reported how two years ago, “Blackstone bought 66 relatively low-rent apartment buildings in San Diego County from a charitable foundation. Tenants of those 5,800 dwellings say they see rent increases, maintenance issues and evictions in their futures.” CalMatters,…
The Lever reported on how public officials have been using the retirement savings of unionized teachers, firefighters, and police officers to capitalize — and help Wall Street executives profit from — an outsourcing business that has used low-paid immigrants…
CNBC reported on how institutional investors “may control 40% of U.S. single-family rental homes by 2030” and how “a group of Washington, D.C., lawmakers say Wall Street needs to back away from the market.” CNBC, February 21, 2023: Wall…
Articles published by the Financial Times and Business Insider reported how “investment giant Blackstone has increased its eviction filings in the South and the West,” filing hundreds of eviction cases against its tenants in Georgia and Florida. Financial Times, January…
A new article from Hawai’i Business Magazine covers the effect of Blackstone and other firms in Hawai’i’s West Oahu rental market, relaying tenants’ experiences with rising rents and added fees. Hawai’i Business Magazine:…
A recent article from the Canadian Broadcasting Corporation (CBC) gives light to concerns that private equity and other institutional investors could soon come to dominate Canada’s housing market. This problem is already widespread…
NBC News provided exclusive coverage of The Private Equity Stakeholder Project’s new report, Profit Over Safety: Private Equity’s Leveraged Bet on Packers Sanitation. The report details how The Blackstone Group’s Packers Sanitation Services Inc (PSSI), which specializes in cleaning…
The Economist reported that some of the $44bn of mostly fossil-fuel assets that the oil and gas industry has shed since the start of 2018 are not being closed down, but bought up by private equity firms funded by university…
While the 2009 recession was a financial sinkhole for millions of Americans with more than 3.7 million households being foreclosed upon, ProPublica reported on how private equity-backed companies scooped up tens of thousands of single-family homes lost to foreclosure at…
A new report by the Private Equity Stakeholder Project and LittleSis examines a “dirty dozen” of private equity executives whose fossil fuel investments drive climate crisis and environmental injustice. As The Guardian exclusively reported (see ‘Biggest oil barons’: the…
