Lawsuits against RealPage move forward
As previously discussed on the Private Equity Stakeholder Project blog, the property management software corporation RealPage has been under scrutiny from several senators after the…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
TA between PESP and Staff Union is unanimously ratified by bargaining unit members
Tentative Agreement between CWA/TNG Local 37074 and the Private Equity Stakeholder Project is unanimously ratified by bargaining unit members On November 14, 2023 the Private Equity Stakeholder Project Staff Union (PESP-SU), a bargaining unit within the Denver News Guild, CWA/TNG…
BlackRock to purchase GIP, inheriting largest stake in damaging Rio Grande LNG terminal
PESP urges BlackRock to halt Rio Grande to prevent significant community and environmental risks Today, BlackRock, which manages a portfolio of $10 trillion, announced a deal to buy private equity firm Global Infrastructure Partners (GIP) for…
Private Equity Health Care Acquisitions – December 2023
In light of the growing 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…
New report details harm caused to healthcare industry by Apollo
Findings add to Senate investigation of Lifepoint Health’s PE owner A new report from the Private Equity Stakeholder Project (PESP) reveals how private equity firm Apollo Global Management’s ownership of two major American hospital systems degrades services, hurts…
Private Equity in Healthcare – PESP’s December 2023 Roundup
Each month, PESP’s Healthcare Team will be putting together a roundup of the latest news stories related to private equity in healthcare and highlights the work that our team has published in the last month. In the news…
New report finds abuses by CIM Group
A new report by the Private Equity Stakeholder Project (PESP) and African Communities Together (ACT), found that since the Southern Towers Apartment Complex, located in Alexandria, Virginia, was purchased by the Los Angeles-based private equity firm…
Global Infrastructure Partners’ proposed Rio Grande LNG Terminal poses risk to investors
Global Infrastructure Partners newest fund (Fund V) is an investor in the proposed Rio Grande LNG Terminal through its $3.5 billion investment. This investment resulted in Global Infrastructure Partners’ at least 46% ownership stake in the proposed LNG terminal– the…
Tenants takeover Washington DC, demanding rent regulations
On November 13th, Private Equity Stakeholder Project (PESP) staff traveled to Washington D.C. to participate in a Tenant Takeover. The multi-day convening was hosted by the People’s Action Homes Guarantee Campaign, and featured…
Private Equity Health Care Acquisitions – November 2023
In light of the growing 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…
Warning: Don’t invest more in Platinum Equity’s prison phone company Aventiv
Private equity firm Platinum Equity owns prison and jail telecom contractor Aventiv Technologies (formerly Securus). The largest and one of the most predatory providers of phone and communications services to jails, prisons, and immigration detention centers in the U.S.,…
Private Equity: The Metastasizing Disease Threatening Health Care
An op-ed by Emily Stewart, Community Catalyst and Jim Baker, PESP In 2010, when purchasing Prospect Medical Holdings, the private equity firm Leonard Green & Partners made numerous lofty promises to state regulators around expanding services, capital investments,…
