Find more information on the issues deeply affected by private equity investments:
Findings add to Senate investigation of Lifepoint Health’s PE owner A new report from the Private Equity Stakeholder Project (PESP) reveals how private equity firm Apollo Global Management’s ownership of two major American hospital systems degrades services, hurts…
Each month, PESP’s Healthcare Team will be putting together a roundup of the latest news stories related to private equity in healthcare and highlights the work that our team has published in the last month. In the news…
A new report by the Private Equity Stakeholder Project (PESP) and African Communities Together (ACT), found that since the Southern Towers Apartment Complex, located in Alexandria, Virginia, was purchased by the Los Angeles-based private equity firm…
Global Infrastructure Partners newest fund (Fund V) is an investor in the proposed Rio Grande LNG Terminal through its $3.5 billion investment. This investment resulted in Global Infrastructure Partners’ at least 46% ownership stake in the proposed LNG terminal– the…
On November 13th, Private Equity Stakeholder Project (PESP) staff traveled to Washington D.C. to participate in a Tenant Takeover. The multi-day convening was hosted by the People’s Action Homes Guarantee Campaign, and featured…
In light of the growing investor interest in healthcare and the risks associated with private equity ownership of healthcare companies, the Private Equity Stakeholder Project is tracking private equity-backed healthcare acquisitions. Below is a list of private equity healthcare…
Private equity firm Platinum Equity owns prison and jail telecom contractor Aventiv Technologies (formerly Securus). The largest and one of the most predatory providers of phone and communications services to jails, prisons, and immigration detention centers in the U.S.,…
An op-ed by Emily Stewart, Community Catalyst and Jim Baker, PESP In 2010, when purchasing Prospect Medical Holdings, the private equity firm Leonard Green & Partners made numerous lofty promises to state regulators around expanding services, capital investments,…
Private equity firm Brookfield owns nuclear supplier Westinghouse. In July, reports surfaced of Westinghouse management paying for third party created videos, leaflets, and other materials distributed to the workforce to discourage union membership, as well as coercive statements, rules,…
In August of this year, Roark Capital announced plans to acquire the U.S. sandwich chain Subway for nearly $10 billion. Roark Capital’s acquisition of Subway greatly expands the firm’s global presence as a fast food franchisor – Subway has…
On December 5, Representative Adam Smith (D-Wash.) and Senator Jeff Merkley (D-Ore.) teamed up to introduce the End Hedge Fund Control of American Homes Act of 2023. This legislation was introduced to address the growing problem of housing consolidation by Wall…
Senate Budget Committee chair, Sheldon Whitehouse (D-RI), and co-chair, Chuck Grassley (R-IA) have announced that they are launching a bipartisan investigation into the impacts of private equity ownership of hospitals. Alongside the announcement of the investigation, the Senators sent…
