Find more information on the issues deeply affected by private equity investments:
In December 2022, Congress approved the The Martha Wright-Reed Just and Reasonable Communications Act after a decades-long fight to make prison communications more affordable.[1] It has since been signed into law.[2] Named for a woman…
Tenants from African Communities Together protested and spoke to the University of California Regents about their investment in the CIM Group: WATCH VIDEO OF THE ACTION. On the morning of January 17th, chants of “C-I-M, SHAME ON…
In 2020, the private equity firm CIM Group purchased Southern Towers, a five-building apartment complex of over 2,000 units in Northern Virginia. For decades, Southern Towers has been home to thousands of hardworking blue-collar families, many of whom are African…
PESP sent an alert in December detailing how Sycamore Partners’ strategy has hurt workers and generated poor returns for investors. Since November, Sycamore Partners has ignored multiple messages requesting a meeting to discuss how it can improve…
In early January, the University of California (UC) announced that it was investing $4 billion in the Blackstone Real Estate Income Trust (BREIT). The announcement provoked a backlash from Blackstone tenants and unions representing UC workers who criticized the…
We stand in strong opposition to Atlanta’s Cop City and the violent tactics Atlanta-area law enforcement took against protesters of the environmentally-hazardous training facility. The killing of 26-year-old activist Manuel Esteban Paez Terán…
ExxonMobil, one of the largest and most profitable oil and gas companies in the world, has a complicated history when it comes to climate change. The company has been accused of knowingly downplaying the dangers…
Private equity firm H.I.G. Capital is the owner of healthcare provider Wellpath, which provides services in jails and prisons. Wellpath has recently seen its credit rating downgraded, faced an executive bribery scandal, and has continued to draw attention for conditions…
Private Equity Descends on Rural Healthcare Sweeping new report provides unprecedented look at private equity investment in rural healthcare A new report by the Private Equity Stakeholder Project (PESP), “Private Equity Descends on Rural Healthcare,” provides an unprecedented look…
Progress Residential’s troubles in Minnesota continued as a subsidiary of the company, Front Yard Residential, must now comply with additional regulations in order to operate in Minneapolis. The conditions include: A 6 month moratorium on acquiring new properties. Attending…
Private equity firm Cerberus Capital management is providing the world with yet another example of how the past year’s record inflation has been largely caused by corporate greed and excessive profits. On January 17, the Washington…
Sterigenics Agrees to Pay $408 Million to Settle Hundreds of Claims of Cancer-Causing Emissions Private-equity-owned medical sterilization company Sterigenics has agreed to pay $408 million to settle hundreds of cases alleging that its ethylene oxide emissions caused cancer and…
