Find more information on the issues deeply affected by private equity investments:
The Lever reported on how public officials have been using the retirement savings of unionized teachers, firefighters, and police officers to capitalize — and help Wall Street executives profit from — an outsourcing business that has used low-paid immigrants…
The Department of Labor (DOL) has recently launched investigations into at least two private equity-owned companies that have employed children in dangerous working conditions: Packers Sanitation Services (PSSI), owned by Blackstone, and Hearthside Food Solutions, owned by Charlesbank Capital and…
CNBC reported on how institutional investors “may control 40% of U.S. single-family rental homes by 2030” and how “a group of Washington, D.C., lawmakers say Wall Street needs to back away from the market.” CNBC, February 21, 2023: Wall…
In coalition with more than 20 other organizations, the Private Equity Stakeholder Project (PESP) and the Interfaith Center on Corporate Responsibility (ICCR) sent an investor letter to private equity firm Blackstone Friday, February…
Articles published by the Financial Times and Business Insider reported how “investment giant Blackstone has increased its eviction filings in the South and the West,” filing hundreds of eviction cases against its tenants in Georgia and Florida. Financial Times, January…
In early January, the University of California (UC) announced that it was investing $4 billion in the Blackstone Real Estate Income Trust (BREIT). The announcement provoked a backlash from Blackstone tenants and unions representing UC workers who criticized the…
A new article from Hawai’i Business Magazine covers the effect of Blackstone and other firms in Hawai’i’s West Oahu rental market, relaying tenants’ experiences with rising rents and added fees. Hawai’i Business Magazine:…
New Scorecard Shows Private Equity’s Race to the Bottom on Climate Carlyle ranks last, earns an ‘F’ The Carlyle Group, Warburg Pincus, and KKR are the top three offenders on climate among private equity firms,…
The health care industry has increasingly been a target for private equity investment. This is despite the fact that private equity investment in health care companies carries substantial risk to patients, workers, and investors. Firms typically take controlling ownership stakes,…
A recent article from the Canadian Broadcasting Corporation (CBC) gives light to concerns that private equity and other institutional investors could soon come to dominate Canada’s housing market. This problem is already widespread…
The Nation reported on how White House National Climate Advisor Ali Zaidi spent the Trump years at law firms that represented fossil fuel companies and private equity giants profiteering from the climate crisis. The Nation, May 17, 2022: Biden’s…
Resilience Force’s Saket Soni, and other allied investors and stakeholders helped lead a March 31 briefing and strategy session, “Climate Resilience and Risk” on workers’ rights and climate disasters. Resilience Force organizer LaTanja Sylvester shared with investors, “These…
