New Private Profits, Public Risks report in the media
A new report by PESP and Public Citizen reveals that Investments by private equity firms in nearly 2,700 oil and gas wells on federal and tribal lands across the western United States could…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Private equity drives methane pollution
Sustainability-focused nonprofit Ceres and the Clean Air Task Force released their annual Benchmarking Methane and Other GHG Emissions[1] report in May 2023. Of the over 300 oil and natural gas producers analyzed, 60% of the top 10…
Oops they did it again: Carlyle omits dirtiest investments
Carlyle played with the data, got lost in the ESG game In June of this year, private equity firm The Carlyle Group released their ESG report for 2023 titled the “EBITDA of ESG.”…
Insider: How Blackstone-owned Home Partners of America “Sets Tenants Up to Fail”
Rent-to-own programs have emerged as a seemingly promising option for people who face financial constraints when trying to buy a home. However, a recent article published on Insider.com sheds light on the difficult experiences faced by tenants of…
After a long-fought win for workers’ rights at KKR-owned Refresco plant in NJ, KKR should tell investors how it plans to avoid similar controversies
After a two year fight with Refresco, the largest independent bottling company in the world, members of the United Electrical, Radio and Machine Workers of America (UE) working at the Wharton, New Jersey Refresco plant finally won their…
The fallacy behind the CIM Group’s “commitment” to ESG
Environmental, Social and Governance (ESG), is a framework that prioritizes the consideration of the ethical impacts of investments, company leadership decisions, and even environmental waste in regards to how an organization or company functions. Though there are currently…
American Prospect : Patient Zero
PESP healthcare director Eileen O’Grady was interviewed by the American Prospect for a recent story on Tom Scully, administrator of the Centers for Medicare & Medicaid Services (CMS). American Prospect August 1, 2023:…
More media scrutiny on Blackstone: Tablet looks at “How private equity is gobbling up the American city and turning residents into collateral”
Citing PESP’s work throughout the article, Tablet investigated how Blackstone optimizes profits in its real estate holdings through: “maximum allowable rent increases, evictions, the rise of…
GoldinFinch Tenant Association fights back against Meadow Partners
The GoldinFinch Tenant Association recently sent this letter to investors in Meadow Partners, a private equity firm. We are a group of longtime tenants living in East Village, New York who…
Private equity oil and gas drillers saddle taxpayers with costly cleanup risk
Public could face up to a $380M bill if buyout firms leave western communities with abandoned wells as investors use greenwashing to promote fossil fuel expansion Investments by private equity firms in nearly 2,700 oil and gas wells…
Private Profits, Public Risks
Investments by private equity firms in nearly 2,700 oil and gas wells on federal and tribal lands across the western United States could leave taxpayers with a cleanup bill of up to $380 million, according to a new report released…
Politico : Health + Hospitals has spent over $2 billion on temporary staff
PESP-obtained invoices regarding the contract between NYC Health + Hospitals and private-equity-owned RightSourcing were shared exclusively with Politico. The PESP public records request led to a story in Politico on how NYC Health +…
