Find more information on the issues deeply affected by private equity investments:
Private equity firms now employ roughly 10% of Michigan’s private sector workforce and own everything from hospitals to housing across the state, according to a new report from the Private Equity Stakeholder Project (PESP). The report,…
To download a PDF version of this report, click here. Introduction Private equity firms have become increasingly influential in Michigan’s economy. These firms raise money from institutional investors such as pension funds, university…
A new report from the Private Equity Stakeholder Project (PESP) reveals that hundreds of millions of dollars of Los Angeles Unified School District (LAUSD) contract commitments for external services were directed to private equity or venture…
To download a PDF version of this report, click here. Executive Summary The Los Angeles Unified School District (LAUSD) is the second-largest district in the United States, serving more than 440,000 students each…
On March 23, Congressman Maxwell Frost (D-FL) introduced new legislation to promote affordable housing and fight back against profiteering Wall Street investors by helping residents purchase and own their parks.[1] Titled the Promoting Residential Ownership of…
Canadian private equity firm, Instar Asset Management and its portfolio company Windmill Farms has been embroiled in a multi year labor abuse scandal, documented poor performance in past years, and difficulty in fundraising. The firm has not addressed…
AES acquisition plan could force utility bills higher The following op-ed by PESP communications director Matt Parr published in April in the Indianapolis Business Journal: Over the past year, Hoosiers have watched their utility bills climb. In February, the Indiana…
Private equity expands its reach in healthcare through joint ventures with nonprofit providers Over the past several years, private equity has substantially expanded its presence across the healthcare system, buying up hospitals, nursing homes, doctors’ practices, ambulatory surgery centers,…
In March, the Washington State Legislature enacted HB 2548, expanding state oversight of healthcare ownership transactions and requiring new disclosures when hospitals and provider organizations change hands. Washington already requires hospitals, hospital systems, and provider organizations to give…
KKR-backed Vista Pacifico LNG canceled amid regulatory hurdles and community opposition Earlier this month, KKR-backed Sempra Infrastructure (SI) canceled the Vista Pacifico liquefied natural gas (LNG) project, a proposed natural gas…
A new investigation by Investigative Reporting Project Italy takes a closer look at how private equity-backed energy projects are being developed on the ground and raises familiar questions about transparency, community impact, and…
Workers have finally reached a settlement in a lawsuit alleging that a Servpro franchise and its contractors did not provide protective equipment or implement other safety measures during the first months of the Covid-19 pandemic, allegedly violating public…
