Truthout : Labor Organizers Launch a New Model for the Fight Against Private Equity
PESP’s and United for Respect’s May Day action and Labor Rights platform were featured in an investigative piece by Truthout…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Private Equity Descends on Rural Healthcare
Rural healthcare in America has hit a crisis point. Millions of Americans living in rural communities do not have access to critical healthcare services. NEW REPORT: Private Equity Descends on Rural Healthcare By most measures, the health of people…
Kroger-Albertsons merger, dividend could line private equity pockets at the expense of consumers
In October 2022, grocery giant Kroger announced plans to buy competitor Albertsons for $24.6 billion. Albertsons announced an additional $4 billion dividend payout to investors, which would primarily go to a group of private equity and…
Cerberus Capital and other private equity firms could see a big payout from controversial Albertsons dividend
In October 2022, grocery giant Kroger announced plans to buy Albertsons for $24.6 billion.[1] In addition to profiting from the sale, Albertsons announced an additional payout to investors for November 7th that is not contingent on federal approval.
Community Impact: Increasing investor purchases of single-family homes contributing to rise in rentals across Houston
Institutional investors are eyeing Houston’s high rental home demand and are quickly purchasing single family homes to convert into rental units, according to a recent story by Community Impact. Community Impact, July 8,…
Steward Health Care Reaches $4.7 Million Settlement to Resolve Allegations of False Claims Act Violations
Steward Health Care Reaches $4.7 Million Settlement to Resolve Allegations of False Claims Act Violations On June 10, 2022, the Department of Justice announced a $4.7 million settlement agreement with Steward Health Care and several related corporate entities to…
Why Do So Many Private Equity-Owned Companies Pay Less Than $15 Per Hour?
The Fight for $15 began ten years ago with mass strikes by workers at McDonald’s and other fast-food companies in multiple cities across the U.S. Since then, the $15 minimum wage has gained an enormous amount of traction and has…
Cerberus Capital Management Risk Assessment
Cerberus Capital Management has raised tens of billions of dollars from institutional investors, such as pension funds, university endowments, and foundations. Institutional investors should assess whether the returns generated by Cerberus’ investments are adequate for the risks they entail.
Nieman Lab on Cerberus Capital’s Role in Aiding the Destruction of Local News
Reporter Julie Reynolds’ recent story for The Nieman Lab lays out private equity firm Cerberus Capital Management’s role in the takeover of Tribune Publishing. Nieman Lab, September 1, 2021: The “shadow bank” that — with the help of public…
Private Equity Health Care Acquisitions – July 2021
In light of the growing investor interest in health care and the risks associated with private equity ownership of health care companies, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is a list…
Roark Capital, Warburg Pincus Both Near a Million Employees at Their Portfolio Companies Following Recent Acquisitions
In the last six months, a few private equity buyouts have dramatically increased the number of people working for private equity-owned companies. In October 2020, Roark Capital acquired Dunkin’ Brands, which has 330,000 people working at its Dunkin’ Donuts…
New Report Shows Government Subsidies to Corporate Landlords Did Not Slow Evictions, But Made Them Worse
The nation’s largest corporate landlords received about $320 million in federal COVID-19 relief subsidies, but still filed thousands of evictions — even during the CDC moratorium. After months of research into eviction data and COVID-19 subsidies, Jobs With Justice…
