Find more information on the issues deeply affected by private equity investments:
Private equity firm Leonard Green & Partners owns safety net hospital chain Prospect Medical Holdings. In response to the increasing scrutiny of Leonard Green’s actions at the hospital company, including of Leonard Green and other owners…
Private equity real estate firm Starwood Capital is one of the largest residential landlords in the country, with more than 75,000 apartment units and single-family rental homes around the US. On August 8, President Donald Trump issued an Executive…
Leonard Green & Partners owns Prospect Medical Holdings, a safety net hospital chain that operates seventeen hospitals in five states. Over the course of their ownership, Leonard Green and other owners have collected at least $658 million in fees and…
Earlier this week, lawmakers from California, Pennsylvania, Connecticut, Texas and Rhode Island sent a letter to private equity firm Leonard Green & Partners regarding its investment in safety net hospital company Prospect Medical Holdings, which owns hospitals in California,…
Members of Congress have sent a letter to Leonard Green & Partners asking the firm return the $658 million in fees and dividends it and other owners collected from safety net hospital chain Prospect Medical Holdings. A copy of…
Last week, Private Equity Stakeholder Project sent letters to states’ Attorneys General and other regulators in states where Prospect Medical Holdings owns hospitals. Prospect Medical Holdings is a safety net hospital company owned by private equity firm Leonard Green &…
Private equity firm Leonard Green & Partners owns safety net hospital chain Prospect Medical Holdings. The Leonard Green-led ownership group has drawn $658 million dollars in fees and dividends from Prospect Medical Holdings even as the hospitals suffered operating…
Over the last decade at least 600,000 people working at private equity-owned retailers have lost their jobs due to bankruptcies and store closures. Just since last summer, private equity-owned retailers such as Fairway, Art Van Furniture, and…
In late April, the Wall Street Journal published a story looking at the actions of private equity-owned hospitals during the COVID-19 pandemic (“As Coronavirus Cases Climbed, Private-Equity-Owned Hospital Demanded Bailout”). Private equity money has flooded into the health…
Private equity firm Cerberus Capital Management owns grocery retailer Albertsons-Safeway, the largest private equity-owned company in the United States and the second largest grocery retailer, employing around 270,000 workers. Albertsons-Safeway is reportedly considering an IPO amid…
Private equity firm Platinum Equity owns Securus, one of the largest prison and jail phone and communications companies. Securus has drawn criticism from advocates for charging exorbitant fees and call rates to families with incarcerated relatives, costs that disproportionately…
In January, the Wall Street Journal reported that Cerberus Capital Management and other private equity owners of grocery retailer Albertsons are looking to take the company public through a $19 billion IPO. Albertsons is the largest private equity-owned employer in…
