Private equity in higher education
Following a decline in private equity acquisitions of for-profit colleges and universities due to regulatory scrutiny, poor student outcomes, and institutional collapse, firms have shifted to acquiring companies…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Private equity-backed companies union busting at higher rate than peers
As more workers petition to form unions, employers are turning to union avoidance firms and anti-union persuaders. Union busting firms use tactics like creating anti-union literature and holding captive audience meetings where workers are discouraged from…
Don’t blame the shrimp: How private equity is bankrupting America
In May, Red Lobster announced it filed for Chapter 11 bankruptcy, closed dozens of stores, and would be selling all its assets.[1] CEO Jonathan Tibus, who was brought in as a restructuring advisor, was quick to…
Researchers unveil searchable database of top private equity energy portfolios
Private Equity Climate Risks is launching the Private Equity Energy Tracker, the first-of-its-kind, searchable portal that provides a catalog of the energy holdings of eight of the top North American private equity firms:…
Private equity firms extract another $100 million in dividends from CHG Healthcare Services
In August 2023, CHG Healthcare Services, a medical staffing company, implemented a $530 dividend recapitalization.[1] This is the company’s sixth dividend recapitalization[2] since it was acquired by private equity firms Leonard Green and Partners and Ares…
Ares founder Tony Ressler contributes to controversial Cop City project
As Ares Management’s housing investments drive gentrification in Atlanta, Ares founder Tony Ressler contributes to controversial Cop City project Founded in 1997, Ares Management is a private equity firm that had $360 billion in assets…
New Climate Risks Scorecard Outlines Clear Demands of the Private Equity Industry
PESP and Americans for Financial Reform Education Fund (AFREF) released the Private Equity Climate Risks Scorecard which provides first-of-its-kind research and analysis of eight private equity firms with some of the largest energy…
New Scorecard Shows Private Equity’s Race to the Bottom on Climate: Carlyle ranks last, earns an ‘F’
New Scorecard Shows Private Equity’s Race to the Bottom on Climate Carlyle ranks last, earns an ‘F’ The Carlyle Group, Warburg Pincus, and KKR are the top three offenders on climate among private equity firms,…
Crain’s Chicago Business: Hospital brawl takes aim at private equity
Crain’s explored how a “big Chicago-area doctor’s group and its private-equity backers are squaring off with a downstate hospital in a fight with potentially big implications for Illinois’ health care industry.” Crain’s Chicago Business, April 11, 2022:…
PE-Owned Aspen Dental Faces Yet Another Investigation for Deceptive Practices
The State of Massachusetts is suing private-equity-owned Aspen Dental Management for deceptive practices, alleging that the company has “has cheated thousands of Massachusetts consumers through a series of bait and switch dental advertising campaigns in a variety of…
Pretium Partners’ and Ares Management’s Havenbrook Homes sued by Minnesota Attorney General for “shameful,” “deceptive,” and “fraudulent” practices in failing to repair and maintain rental homes
On February 10, 2022, Minnesota Attorney General Keith Ellison announced that he had filed a lawsuit against Havenbrook Homes, Front Yard Residential, and Pretium Partners, which collectively own more than 600 single-family residential rental properties in Minnesota. The…
More Perfect Union: The Billionaires Cashing In on the COVID-Era Eviction Crisis
Last Spring, More Perfect Union released a video that described how “the former head of mortgage and credit investments at Goldman Sachs, Don Mullen Jr. — the man who famously made millions off predicting and exacerbating the national housing…
