Explore the issues

Find more information on the issues deeply affected by private equity investments:

Reports

Private equity’s autism therapy boom is straining Medicaid

Private equity firms have rapidly expanded into autism therapy services, scaling a Medicaid-funded model that is driving up costs while audits across multiple states have uncovered widespread billing and compliance issues. As demand for autism services…

Reports

Private Equity Bankruptcy Tracker

PESP has released the Private Equity Bankruptcy Tracker A running list of U.S. bankruptcies connected to private equity  Updated February 20, 2026 For data on 2024 PE-connected bankruptcies, click here. Key Findings  Disproportionate Role in Bankruptcies and Distressed…

Reports

Private Equity Healthcare Deals: 2025 in Review

Overview In light of private equity’s continued interest in healthcare and the risks associated with private equity ownership of healthcare companies, the Private Equity Stakeholder Project (PESP) tracks private equity-backed healthcare deals each month and produces an annual summary…

Reports

Private equity lags stocks for retail investors

Private equity funds for retail investors dramatically underperformed stocks in 2025 despite charging much higher fees Private equity seeking DOL safe harbor against 401K lawsuits over fees, performance As the private equity industry is asking the Trump Administration to provide…

Reports

2025 State Healthcare Policy Review

In 2025, state legislatures across the country advanced a wave of proposals to rein in the risks of private equity in healthcare. Spurred by hospital closures, bankruptcies, and mounting evidence of financial extraction by private investors, lawmakers in…

Reports

KKR and the Pitfalls of the Leveraged Buyout

KKR helped invent the leveraged buyout, and today, its model continues to extract value at the expense of workers, patients, and communities. Despite public commitments to employee ownership and responsible investment, KKR-owned companies have faced repeated labor violations,…

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