Truthout : Labor Organizers Launch a New Model for the Fight Against Private Equity
PESP’s and United for Respect’s May Day action and Labor Rights platform were featured in an investigative piece by Truthout…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Blackstone sees dramatic decline in buyout fundraising, increased attention to child labor charges
Private equity and real estate giant the Blackstone Group launched fundraising a year ago for Blackstone Capital Partners IX, its next flagship buyout fund, seeking to raise as much as $30 billion.[1] Yet Blackstone’s most recent quarterly…
No Surprises Here: PE takes center stage in the No Surprises IDR process
No Surprises Here Private equity-backed companies are among the top initiating parties in the No Surprises Act Independent Dispute Resolution process In December 2022, the Centers for Medicare and Medicaid Services published a report containing initial data (covering…
The Terrible Gets Worse at Blackstone’s Packer’s Sanitation
Earlier this month, a US District Court judge in Nebraska granted an injunction sought by the US Department of Labor to halt alleged “oppressive child labor” by Packers Sanitation Services Inc (PSSI), a cleaning company owned by private equity firm…
New York Focus : The Private Equity ‘Black Box’ Pours New York Pensions Touting Divestment Into Fossil Fuels
New York Focus November 30, 2022: The Private Equity ‘Black Box’ Pours…
Almost 90% of Most Distressed Healthcare Companies are Owned by PE Firms
A new report by Moody’s Investors Service has found that healthcare companies in North America are increasingly facing credit rating downgrades and potential defaults, including 34 companies rated B3 negative or lower.[1] PESP has found that 30 of…
Blackstone-owned sanitation company ordered to stop using child labor to clean slaughterhouses
Earlier this month, a US District Court judge in Nebraska granted an injunction sought by the US Department of Labor to halt alleged “oppressive child labor” by Packers Sanitation Services Inc (PSSI)[1], a cleaning company owned by private…
Private Equity-Owned Realtors on San Francisco Chronicle’s List of the Bay Area’s Largest, Most Influential Ownership Networks
“To study property ownership in the Bay Area, the Chronicle combed through millions of unique property and business documents, consulted experts and called on additional data sets, eventually uncovering companies that…
How will private equity firm Blackstone manage headline risk at SERVPRO?
In March 2019, the private equity firm Blackstone Group’s Core Equity Partners Fund acquired SERVPRO, a disaster restoration company with headquarters in Tennessee, for $1 billion.[i] “We look forward to working with SERVPRO and its franchisees…
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…
Private Equity Climate Risks Briefing
Americans for Financial Reform Education Fund (AFREF) and the Private Equity Stakeholder Project (PESP) released their NEW scorecard that sheds light on eight of the largest private equity firms in the world, their collective holdings of billions of dollars…
Private Equity Climate Risks: Scorecard 2022
The Carlyle Group, Warburg Pincus, and KKR are the top three offenders on climate among private equity firms, continuing to invest in polluting industries and exposing investors to significant climate-related risk, according to a new…
