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Find more information on the issues deeply affected by private equity investments:
PAI Partners Fails to Live Up to Its ESG Policy as Refresco Workers Complain of Safety Issues, Mistreatment
PAI Partners, a private equity firm based in Paris, is a co-owner of Refresco, the world’s largest independent bottling company.[1] Refresco produces beverages such as BodyArmor Sports Drink for Coca-Cola, Gatorade for Pepsi, Arizona Iced Tea, and Tropicana juices.
Nieman Lab on Cerberus Capital’s Role in Aiding the Destruction of Local News
Reporter Julie Reynolds’ recent story for The Nieman Lab lays out private equity firm Cerberus Capital Management’s role in the takeover of Tribune Publishing. Nieman Lab, September 1, 2021: The “shadow bank” that — with the help of public…
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…
October 21 Webinar: Workers Challenging Private Equity to Create Good Jobs
The Private Equity Stakeholder Project and the Cornell ILR Worker Institute invite you to an online forum on Thursday, October 21 from 1-2:30 p.m. ET. At this online forum you will hear from workers employed by private equity-owned…
Labor Day 2021: With More Than 11 Million U.S. Employees, Private Equity Must Take Responsibility for Its Workforce
Private equity firms have often taken a low road approach and sought to reduce wages, benefits, and staffing at firms they acquire – with devastating consequences to thousands of workers, their families and their entire communities. The private equity industry…
Employees of Private Equity-Owned Freddy’s Walk Off the Job for the Third Time to Demand COVID Safety
Workers at Freddy’s Frozen Custard and Steakburgers— a Kansas-based franchisor of fast-casual restaurants with stores in more than 30 states — struck for the third time in the past year over COVID safety concerns. Private equity firm Thompson Street…
Following Recent Acquisitions, Private Equity Firm Apollo Ranks Among Largest US Employers
In the last year and a half, Apollo Global Management has almost doubled the total number of employees at companies it owns, growing from about 290,000 employees to over 550,000. In May 2020, Apollo was the lead investor in a…
