Find more information on the issues deeply affected by private equity investments:
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…
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…
The private equity industry has pumped hundreds of billions of dollars into fossil fuel companies with minimal public scrutiny. The Carlyle Group has one of the largest portfolios of dirty energy companies among the diversified private equity firms, as…
Large private equity firms have continued to leave a major economic footprint in the healthcare industry. Since 2009, private equity investment in healthcare has outpaced the rate of private equity investments in general. According to data provider Pitchbook, investment in…
The Carlyle Group announced on February 1st that the firm has set a net zero by 2050 goal while also setting “near-term climate goals” in order to carry out immediate action on reductions to emissions. The announcement lacks in…
A new report by the Private Equity Stakeholder Project and LittleSis examines a “dirty dozen” of private equity executives whose fossil fuel investments drive climate crisis and environmental injustice. PESP and LittleSis examined how a group of super-rich private equity…
New Private Markets contacted the 10 private equity firms featured in the Private Equity Stakeholder Project’s report: Private Equity Propels the Climate Crisis. The report found that these private equity firms, since 2010, have made energy investments dominated by…
In its latest report on how private equity is contributing to the global climate crisis, the Private Equity Stakeholder Project examines the energy holdings for ten of the world’s largest alternative asset managers that manage a total of $3…
The energy funds of private equity firm The Carlyle Group have underperformed the Pitchbook private equity benchmark, and its NGP funds all posted negative returns as of 4Q2020. Carlyle’s extensive exposure to oil and gas assets resulted in…
The University of Washington’s Harry Bridges Center for Labor Studies hosted a forum that explored the relationship between pension funds and other institutional investors, the climate crisis, and the impacts on communities and the environment. Trustees and representatives of…
Last week, officials with the Federal Trade Commission and the Consumer Financial Protection Board sent out letters to dozens of debt collectors and major landlords who collectively house more than two million people, including the The Carlyle Group, Morgan Stanley,…
Private equity-backed companies comprised the majority of oil and gas producer bankruptcies in 2020. Of the companies that filed for bankruptcy last year, 57 percent are backed by private equity firms, or 26 of the 46 filings.[1] The high…
