Find more information on the issues deeply affected by private equity investments:
Cerberus Capital Management has raised tens of billions of dollars from institutional investors, such as pension funds, university endowments, and foundations. Institutional investors should assess whether the returns generated by Cerberus’ investments are adequate for the risks they entail.
The Washington Post, ICIJ and Telemundo published an investigation on how private equity firm Pretium Partners took advantage of the 2008 housing crisis to benefit the wealthy to the detriment of middle class families seeking housing. The Washington Post, December…
The Toronto Star traced the evolution of Pretium Partners, a private equity fund which is now a “real estate behemoth” devised by former Goldman Sachs executive Don Mullen who made a fortune predicting the U.S. housing collapse in 2008. Toronto…
NPR extended its ongoing investigation of corporate investor buy-ups of mobile home communities, flagging how companies such as Havenpark Communities are aided by billions of dollars of low-interest-rate loans backed by the federal government. And the volume of that financing…
Throughout 2021, Pretium Partners was the object of much scrutiny for its treatment of tenants in the properties it owned. For instance, in response to coverage by NPR and Bloomberg in June, Senate Banking Committee Chair Sherrod…
Private equity firms and other corporate landlords filed to evict at least 44,762 residents in counties throughout Georgia, Florida, Texas, Arizona, Tennessee, and Nevada since the federal eviction moratorium was lifted. Corporate landlords have filed to evict at least…
Reporting on how Zillow has agreed to sell 2,000 of its homes to Pretium Partners, “the second-largest single-family landlord in the country, a controversial and growing powerhouse that has faced allegations it evicted tenants during the national eviction moratorium…
Alameda County Employees’ Retirement Association (ACERA), a California pension fund, was considering a $70 million investment in Ares Senior Direct Lending Fund II as part of ACERA’s Private Credit Portfolio at its September 8th Investment Committee meeting.[1] In January…
In January, Congress appropriated over $46 billion in direct financial assistance to support renters. Nevertheless, corporate landlords continued with eviction filings, filing more than 79,000 eviction actions since the start of the year. $30 billion of the funds appropriated were…
International Consortium of Investigative Journalists, October 5, 2021: As Catholic order fought sex abuse claims, secret trusts devoted to it poured millions into American rental properties The International Consortium of Investigative Journalists (ICIJ) and 150 media partners recently…
Since the start of the pandemic, private equity firms and other corporate landlords have filed to evict more than 124,000 families in counties throughout Georgia, Florida, Texas, Arizona, Tennessee, and Nevada. These eviction actions took place despite the existence of…
The Toronto Star reported how the top executive of the Public Sector Pension Investment Board (PSP), which manages the retirement funds of most Canadian federal employees, defended a controversial $700 million investment with private equity firm Pretium Partners in single-family…
