The private equity industry is massive, hugely influential, and playing a role in more and more aspects of life in the US and around the world. The industry manages nearly $7.5 trillion in assets and owns companies that employ more than 11 million American workers, plus millions more around the world.
The industry touches a growing number of stakeholders, from workers and their unions, to communities and community groups, to those concerned about the environment.
We focus not just on private equity but also other similarly structured private funds investments:
- Private equity
- Private real estate
- Private infrastructure
- Private debt
- Venture capital
- Hedge funds (sometimes, when they act like private equity)
Background
The Private Equity Stakeholder Project (PESP) is a nonprofit watchdog organization focused on the growing private equity and broader private funds industry.
PESP was founded in 2017 to address the growing impacts of private equity and private funds managers on people and the planet, and to serve as a resource to communities, individuals, and organizations grappling with such impacts.
PESP focuses on five key areas affected by private equity: climate and energy, workers & jobs, housing, healthcare, and detention & surveillance.
