Explore the issues
Find more information on the issues deeply affected by private equity investments:
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…
KKR’s Fracking Footprint Expands as KKR’s Contango Buys Drilling Assets Sold by ConocoPhillips
A few weeks after KKR recommitted to fracking through a portfolio company merger, it’s picking up additional drilling assets from ConocoPhillips. ConocoPhillips reported it is selling all of its Wyoming assets to KKR’s Contango, which includes 446 billion…
NBC Puts Spotlight on Private Equity and Climate Change, Environmental Justice
NBC conducted an investigation on how private equity firms have poured money into fossil fuel investments, such as refineries, pipelines and coal and gas-fired power plants, with serious consequences for communities and climate change. NBC, July 5, 2021: Some…
KKR Recommits to Fracking and Partners with “Bottom Feeder” as Climate Crisis Accelerates
While the rest of the world races to address the climate crisis, KKR is redoubling on fracking by merging its Independence Energy with Contango Oil & Gas Co to create a consolidation-focused oil and gas company with an enterprise value…
PESP to SEC on Climate Risk Disclosures: Private Equity Must Report Risks and Impacts
PESP to SEC on Climate Risk Disclosures: Private Equity Must Report Risks and Impacts In light of the accelerating climate crisis, the damage from corporate actors is coming under increasing scrutiny. The Securities and Exchange Commission (SEC) opened an opportunity…
KKR’s Controversial Coastal Gaslink Pipeline Featured in University of Washington Forum
Private equity KKR’s investment in the controversial Coastal Gaslink Pipeline was featured in an online forum organized by the University of Washington’s Harry Bridges Center for Labor Studies May 19. Trustees and representatives of dozens of institutional investors with…
The Carlyle Group Expands Oil Investments While its Energy Funds Underperform
The energy funds of private equity firm The Carlyle Group have underperformed the Pitchbook private equity benchmark, and its NGP funds all posted negative returns as of 4Q2020. Carlyle’s extensive exposure to oil and gas assets resulted in…
Pension Forum Investigates the Role Private Equity Plays in Exacerbating the Climate Crisis
The University of Washington’s Harry Bridges Center for Labor Studies hosted a forum that explored the relationship between pension funds and other institutional investors, the climate crisis, and the impacts on communities and the environment. Trustees and representatives of…