Explore the issues
Find more information on the issues deeply affected by private equity investments:
Bangor Daily News: Century-old Maine fuel company’s sale follows trend of private equity interest in oil
At a time when Maine and the country are taking actions to reduce fossil fuels in the face of climate change, with a gubernatorial climate action plan aiming to reach 80 percent renewable energy statewide by 2030, the Bangor…
PESP Submits Testimony to U.S. Senate Banking Economic Policy Subcommittee hearing on “Protecting Companies and Communities from Private Equity Abuse”
The Private Equity Stakeholder Project (PESP) has submitted testimony for the U.S. Senate Banking Committee Economic Policy Subcommittee October 20 hearing: “Protecting Companies and Communities from Private Equity Abuse.” PESP’s written testimony for the US Senate Banking…
The New York Times Covers Private Equity Stakeholder Project’s Report on the Climate Crisis
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…
Private Equity Propels the Climate Crisis: The Risks of a Shadowy Industry’s Massive Exposure to Oil, Gas and Coal
A new report by PESP reveals how the private equity industry has pumped hundreds of billions of dollars into fossil fuel companies—buying up offshore drilling in the Gulf of Mexico, propping up fracking operations, expanding infrastructure through pipelines and…
As Climate Change Drives Disasters, NBC Exposes Wage Theft by Private Equity-Owned Disaster Recovery Companies
On Labor Day NBC investigated the consequences to workers when their employers engage in wage theft. In a time of climate crisis and disaster, the investigation focused on the disaster recovery cleanup industry, noting that the emergency repair and cleanup…
Report by The University of Washington’s Harry Bridges Center for Labor Studies: Private Equity’s Fossil Fuel Assets Exposes Pension Funds and Marginalized Communities to Investment and Climate Risks
The University of Washington’s Harry Bridges Center for Labor Studies has released a report exploring private equity’s impacts on the climate and marginalized communities, while using public pension fund capital. As a major private equity investor, public pension funds…
Kayne Anderson and Warburg Pincus fracking company tied to $1 million in payments to Rep. Boebert’s husband
A fracking company owned by two private equity firms paid nearly $1 million in consulting fees to the spouse of Representative Lauren Boebert (CO) that she failed to disclose until last week.Terra Energy Partners, based in Texas…
Brookfield Asset Management Raised $7 Billion for a Climate Transition Fund, but Just Paid $6.7 Billion for an Oil Sands Pipeline Company
Brookfield Asset Management is moving forward with a $6.7 billion takeover of an oil sands pipeline company at the same time it announced the first close of its fund that will invest in renewable power companies and businesses that…