New California laws regulate private equity in healthcare
California has enacted two laws to curb investor influence in health care. Governor Gavin Newsom signed SB 351 and AB 1415 in October, reinforcing clinical independence and expanding…
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Find more information on the issues deeply affected by private equity investments:
PESP Statement on Governor Newsom Signing SB 351 into Law
SACRAMENTO, CA — The Private Equity Stakeholder Project (PESP) today issued the following statement from Michael Fenne, senior policy coordinator, after California Governor Gavin Newsom signed Senate Bill 351 into law: “SB 351 takes…
PESP contributes expertise to Congressional roundtable on PE impacts on veteran healthcare
Washington, D.C. | September 9, 2025 The Private Equity Stakeholder Project (PESP) joined lawmakers and policy experts on Capitol Hill for a roundtable hosted by the House Committee on Veterans’ Affairs Democrats…
PESP in the News – August 2025
PESP’s work and research into the private equity industry generates significant media coverage in numerous outlets. Scroll down to see where our expertise was featured in August 2025. Featured coverage Stateside: Tuesday, August 12, 2025…
WFMJ highlights crisis in Ohio hospitals
WFMJ’s in-depth report 101 West: Who’s Caring for Our Health? takes a close look at the mounting financial strain facing hospitals in Ohio and across the country, from rising costs and shrinking reimbursements…
MedPage Today : PESP raises concerns over Pentagon official’s PE ties
A new MedPage Today story spotlights growing fears that Deputy Defense Secretary Steve Feinberg, founder of Cerberus Capital Management, could push further privatization of U.S. military healthcare. Advocates worry that military…
Private equity forms new dark money group
Private equity forms new dark money group to gain access to Americans’ 401(K)s The $22 trillion private equity industry has drawn on a familiar playbook in creating a new dark money group called the “Council for a Safe and…
Media outlets highlight PESP’s warnings on private equity in 401Ks
Trump Executive Order Opens 401(k) Plans to Private Equity, Prompting Serious Concerns Executive Order Summary This month, President Trump signed an executive order that instructs the Department of Labor (DOL), Securities and Exchange Commission (SEC)…
PESP in the News – July 2025
PESP’s work and research into the private equity industry generates significant media coverage in numerous outlets. Scroll down to see where our expertise was featured in July 2025. Featured coverage Wall St. Firms Are Buying…
PESP warns Trump Executive Order puts 401(k) retirement savings at risk
PESP warns Trump’s Executive Order opening 401(k)s to private equity poses significant risks to working Americans’ retirement savings Executive Order could benefit Wall Street firms while exposing retirement savers to higher fees, poor returns, and hidden risks Today, President Donald…
PESP in the News – June 2025
PESP’s work and research into the private equity industry generates significant media coverage in numerous outlets. Scroll down to see where our expertise was featured in June 2025. Featured coverage Why Is BlackRock Gunning to…
Passage of Big Beautiful Bill is devastating blow to working class, huge win for private equity
Today, Congress passed the Republican budget bill in a devastating blow to millions of working class Americans and a huge win for the private equity industry and its billionaire backers. The passage of this bill represents…
