Carlyle divests largest portfolio of gas-fired power plants
Despite proclamations to “invest in the energy transition, not divest from it,” The Carlyle Group is perpetuating the climate crisis by offloading its largest and most polluting portfolio…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
The American Prospect : “Private Equity Is Taking Your Calls”
A recent article in The American Prospect analyzed private equity’s control of the Video Relay Service (VRS) market, an essential communication tool for the Deaf and hard-of-hearing community. The American Prospect, September 30, 2024:…
Webinar: Lost in Interpretation: When Interpreters and ASL Users Take on Private Equity
On October 24, the Private Equity Stakeholder Project (PESP) hosted a webinar to educate the public on a little-known but important federally-regulated program, the Video Relay Service (VRS) that allows users of American Sign Language to make…
ZP Better Together mandates arbitration, lays off organizing workers
ZP Better Together, a combination of subsidiaries ZVRS and Purple Communications, is the second-largest ASL Video Relay Service (VRS) provider in the United States. The Federal Communications Commission (FCC) funds VRS so that…
During Deaf Awareness Month, PE-owned companies should do better by ASL communicators and interpreters
September is Deaf Awareness Month, a time to shine a light on Deaf culture and honor key figures in the Deaf community and important historical milestones. This week is celebrated by…
Lost in Interpretation: Private Equity’s Capture of a Vital Sign Language Translation Tool
To download a PDF version of this report, click here. Table of Contents Executive Summary Introduction A Federally Authorized Program Gaps in FCC oversight of the VRS industry The Private Equity Owned…
New tool tracks private equity ownership of manufactured housing communities across U.S.
The Private Equity Stakeholder Project (PESP) and Manufactured Housing Action (MHAction) have released the Private Equity Manufactured Housing Tracker, a first-of-its-kind tool monitoring private equity and hedge fund ownership of manufactured housing communities…
Are private equity-owned companies receiving federal funds union busting?
In early February, a Minneapolis Star Tribune article investigated the sudden closure of two Z Video Relay Service (ZVRS) call centers dedicated to providing American Sign Language translation services to the deaf and hard of…
The Carlyle Group’s fundraising failure
The Carlyle Group’s two-year fundraising journey for its flagship buyout fund, Carlyle Partners VIII, closed in August raising an abysmal 54 percent of its $27 billion goal and overall 20 percent less than what the firm raised for…
PESP submits statement about private equity and rising housing costs
“We all know it’s because of private equity firms, because of investors…” Rep. Rashida Tlaib (D-MI) PESP Submits Statement about Private Equity and Rising Housing Costs On July 14, a House Financial Services Subcommittee held a hearing seeking to pin…
Divest Harvard Students: If Harvard Wants to Lead on Climate, It Must Drop David Rubenstein
Student organizers from Harvard published an Op-Ed in the Harvard Crimson calling for billionaire Carlyle co-founder David Rubenstein to “recuse or resign” from his seat on the Harvard Corporation. According to the Op-Ed, Rubenstein, who was appointed tothe…
PESP Participates in STMP’s Webinar: Wall Street’s Evil Twin – How Private Equity Propels the Climate Crisis
Private Equity Stakeholder Project joined with Stop the Money Pipeline coalition, Earthworks, the Action Center on Race & the Economy, Public Citizen and Americans for Financial Reform in a webinar to discuss how private equity is fueling climate chaos…
