Find more information on the issues deeply affected by private equity investments:
Home care services provider Help at Home has paid its private equity owners a $262.6 million debt-funded dividend, just one year after the company shuttered operations in the entire state of Alabama due to purported cost concerns. This September, Help…
A new report from Manufactured Housing Action (MHAction) and the Private Equity Stakeholder Project (PESP) analyzes the incursion of Alden Global Capital – a hedge fund infamous for slashing newsroom jobs at hundreds of U.S. newspapers it acquired…
To download a PDF version of this report, click here. Key Points Alden Global Capital, the hedge fund infamous for acquiring and stripping local newspapers, has expanded into the manufactured housing sector. In the last four…
On September 12, 2024, the Senate Health Education Labor and Pensions (HELP) Committee held a hearing to examine Steward Health Care’s bankruptcy and the role of management decisions in impacting patient care.[1] The hearing, which was live-streamed and…
Today, the Private Equity Stakeholder Project (PESP) released a comprehensive new report that exposes the expansive and growing involvement of private equity firms in the U.S. medical debt crisis. The report, “Private Equity’s Revenue Cycle: Creating…
For decades, incarcerated people and their loved ones have fought to make prison communications more affordable. In December 2022, Congress approved the The Martha Wright-Reed Just and Reasonable Communications Act, which gave the…
The Private Equity Stakeholder Project has launched an eye-opening report revealing the growing role of private equity firms in America’s mounting medical debt crisis. This comprehensive analysis, “Private Equity’s Revenue Cycle: Creating and Collecting U.S. Medical Debt,” sheds light on…
The Private Equity Stakeholder Project (PESP) submitted testimony to the Senate Committee on Health, Education, Labor, and Pensions (HELP) for today’s hearing titled “Examining the Bankruptcy of Steward…
Last week, S&P reported that Energy Capital Partners has entered into an agreement to acquire Lightstone Holdco LLC, the joint venture between Blackstone and ArcLight which owns the coal-fired Gavin Power Plant, one of the US’s largest and…
The Kroger-Albertsons merger hearing has emerged as a pivotal moment in the ongoing debate over private equity’s expanding role in the retail sector. The $24.6 billion deal[1], largely benefiting Albertson’s private equity owner Cerberus Capital Management,…
A review by the Private Equity Stakeholder Project (PESP) has found that private equity firms played a role in eleven of the 17 (65%) largest US corporate bankruptcies during the first six months of 2024 (bankruptcies with liabilities of $1…
The U.S. Federal Energy Regulatory Commission (FERC) has approved BlackRock’s $12.5 billion acquisition of private equity firm Global Infrastructure Partners (GIP), BlackRock’s largest acquisition in 15 years. As part of the deal, BlackRock…
