Meet the Advisory Council
PESP is proud to have a diverse advisory council of leading academics, philanthropists, attorneys, and advocates from frontline communities, who will support our mission to hold private equity accountable.
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Apollo fundraising while labor disputes persist
Apollo Global Management announced its eleventh flagship fund in late 2024.[1] Despite Apollo’s co-head of equity forecasting “a very successful Fund XI,”[2] labor disputes and other controversies in Apollo’s portfolio may signal less than…
Steward Health Care’s bankruptcy: one year later
One year following Steward Health’s bankruptcy, hospitals, patients, and workers are still facing risks and challenges May 6, 2025 marks the one year anniversary of Steward Health Care’s historic Chapter 11 bankruptcy filing. In the initial aftermath of…
Private Equity in Healthcare – PESP’s April 2025 Roundup
Each month, PESP’s Healthcare Team will be putting together a roundup that shares the latest news stories related to private equity in healthcare and highlights the work that our team has published in the last month. In the news…
Private Equity Climate Risks project launches new private equity asset tracker
The Private Equity Climate Risks (PECR) data consortium project launched an asset tracker on April 30, 2025, with new data reflecting the state of private equity energy investments as of April 2025. This…
Prospect hospitals in Pennsylvania to close, lay off 2,651 workers
Crozer Health, a safety net health system with hospitals in eastern Pennsylvania, is shuttering operations at its remaining two hospitals and various outpatient locations. It is laying off 2,651 workers.[1] Crozer’s parent company,…
Private Equity Detention and Surveillance Tracker
Table of contents Introduction Services in detention facilities Facility management Healthcare Juvenile detention Food service/commissary Labor Telecommunications Education Transportation Surveillance and law enforcement tools Biometrics and digital surveillance…
Private equity behind 70% of large U.S. bankruptcies in the first quarter of 2025
The first quarter of 2025 saw a disproportionate number of large private equity bankruptcies. 7 out of 10 bankruptcies at companies with over $1 billion in liabilities were at companies owned by a private equity firm, despite private…
FERC Chair Christie highlights concerns over BlackRock’s blanket authorization extension, while still approving order
On April 17, 2025, the Federal Energy Commission approved the extension of BlackRock’s blanket authorization to acquire voting securities of any “public utility,” “electric utility company,” “transmitting utility,” or “holding company in a…
New PESP report reveals private equity continues to acquire and bankrupt nursing homes
Today, Private Equity Stakeholder Project (PESP) released a report, “Private Equity Is Continuing to Acquire – and Bankrupt – Nursing Homes,” which reveals that private equity firms continue to acquire nursing home facilities.
PE is continuing to acquire — and bankrupt — nursing homes
Private equity firms remain active in acquiring nursing homes, despite claims to the contrary. This activity continues to pose significant risks to residents and workers due to profit-driven practices, high debt levels, and complex real estate transactions.Current estimates…
Private equity’s growing grip on healthcare: a Vermont House Committee hearing examines the risks
On March 25, the Vermont House Committee on Healthcare convened a hearing titled Private Equity in Medicine to introduce members of the committee to the influence of private equity…
