Find more information on the issues deeply affected by private equity investments:
Last week, Bloomberg reported that Walgreens had cut pay for its retail employees following the drugstore’s $18.8 billion buyout by private equity firm Sycamore Partners. As Walgreens’ new owners look to cut costs, hourly workers…
PESP has released updated research tracking the largest employers in the United States that are owned by private equity firms. This comprehensive research underscores the significant impact of private equity ownership on the American workforce…
Ahead of KKR quarterly results, report finds labor abuses and safety violations across $700 billion empire Despite public promises of “employee ownership,” KKR’s record shows recurring safety hazards, mass layoffs, and labor rights abuses. A new analysis…
In early September, the Oregon AFL-CIO, representing “over 300,000 working people across 300 unions in the state,” endorsed the boycott of Instar-owned Windmill Farms at their biennial convention. The mushroom farm…
This week, it was reported that Electronic Arts (EA) would be taken private in a $55 billion acquisition by private equity firms Silver Lake and Affinity Partners, as well as Saudi Arabia’s Public…
Registered nurses and technical employees at UP Health System–Marquette held a one-day practice strike in mid-August to draw attention to concerns over staffing and working conditions as contract negotiations continue. 600 nurses and…
The gyrations of public markets so far this year have been dizzying, but signals from private markets are equally nausea inducing. Industry experts and practitioners are expressing pessimism and some say alternative assets are in irreversible decline. Faced…
In July, President Trump signed the One Big Beautiful Bill, tax and spending legislation that includes several provisions that will benefit private equity firms. One such provision is a national school voucher program that funnels federal dollars…
PE Files #001: Claire’s PESP’s PE Files take a look at how portfolio companies are impacted by the private equity playbook, from beloved businesses bankrupted to mass layoffs at formerly mom-and-pop operations. WHO: Claire’s; private equity…
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…
Brookfield-owned Westinghouse Electric spent more than $800,000 on anti-union consultants last year and failed to make required disclosures, according to a complaint filed…
As Ariel Investments’ private equity arm refuses to stay neutral while workers unionize, the firm is facing major scrutiny from investors over staff turnover and poor performance. Ariel Investments is the majority owner of Sorenson Communications, a provider…
