Find more information on the issues deeply affected by private equity investments:
A new report from the Private Equity Stakeholder Project (PESP) examines the controversy surrounding the ongoing Centennial Yards redevelopment project led by LA-based private equity firm The CIM Group. With initial estimates for the project in…
The Private Equity Stakeholder Project (PESP) today announced the formation of its first-ever advisory council, bringing together leading advocates, attorneys, and academics to strengthen efforts to hold private equity accountable. Since its founding in 2017,…
As the proceeding to determine whether ALLETE, the parent company of Duluth-based utility Minnesota Power, can be purchased by the BlackRock subsidiary Global Infrastructure Partners (GIP), ratepayers are voicing their concerns about a private equity firm buying their…
Today, the Private Equity Stakeholder Project (PESP) released a tracker detailing the extensive presence of private equity in companies servicing prisons and detention centers as well as surveillance and law enforcement tools. The Private Equity…
Energy Capital Partners, a subsidiary of Bridgepoint, is in the process of purchasing the General James M. Gavin coal-fired power plant in southeastern Ohio. The Gavin plant is the most deadly coal-fired power plant in the U.S.,…
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…
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…
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…
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…
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,…
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…
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…
