Federal court strikes down Texas anti-ESG law
A federal court has ruled that Texas’ 2021 “anti-ESG” law, Senate Bill 13, is unconstitutional, blocking the state from enforcing a statute that restricted how public entities could…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Media spotlight: Coverage examines risks of private equity in 401(k)s
As the Department of Labor moves closer to finalizing new rules on private equity and other alternative investments in 401(k) retirement plans, recent media coverage has highlighted growing questions about performance, fees, transparency, and fiduciary risk. In reporting…
The Seattle Times : WA treasurer and private equity
New reporting from The Seattle Times examines mounting concern over the Washington State Investment Board’s heavy exposure to private equity, as Washington State Treasurer Mike Pellicciotti warns the state to reconsider its reliance on…
Crain’s Chicago Business op-ed: Safety net hospitals
Commentary: To prevent our safety-net hospitals from collapsing, keep private equity out of them The following op-ed by PESP healthcare director Mary Bugbee published in January in Crain’s Chicago Business: For years, experts have warned of the …
Private equity-backed midstream firms face record fines
Private equity-backed midstream companies facing regulatory setbacks and record fines Two private equity-backed midstream companies operating in Louisiana faced recent financial and permitting challenges. The first company, Third Coast Midstream, a major U.S. oil and gas pipeline company backed…
Thoma Bravo’s RealPage reaches settlement with DOJ
As 2025 came to a close, there were several key developments in legal cases regarding the Thoma Bravo-owned property management software RealPage. On November 24, 2025, the US Department of Justice announced that…
Anthology bankruptcy reveals cracks in private equity higher education investment strategy
In September, edtech provider Anthology filed for chapter 11 bankruptcy in the Texas Southern Bankruptcy court, reporting more than $1 billion in liabilities across the company and its many subsidiaries. As one of…
Private equity won’t exit fossil fuels until at least 2090
Largest private equity firms won’t exit fossil fuels until at least 2090 at current pace Energy portfolio tracker reveals continued fossil fuel expansion by major firms, including BlackRock, despite climate and investor risks Today, the Private Equity Climate…
Private Equity Healthcare Acquisitions – December 2025
In light of continued investor interest in healthcare and the risks associated with private equity ownership of healthcare companies, the Private Equity Stakeholder Project is tracking private equity-backed healthcare acquisitions. Below is a list of private equity healthcare buyouts,…
Private equity lags stocks as Trump DOL moves to expand 401(k) access
New analysis raises concerns for retirement savers as federal regulators consider opening 401(k)s to private equity investments WASHINGTON, DC — As the Department of Labor moves toward finalizing rule changes that could make it easier for private equity investments to be…
Are early cuts at Walgreens signaling more to come?
After holiday pay cuts, new data shows Walgreens is smaller under private equity Chicago, IL — Just months after private equity firm Sycamore Partners acquired Walgreens, the company is already cutting jobs and shuttering stores. According to Walgreens’ own corporate…
