Find more information on the issues deeply affected by private equity investments:
Some of private equity firm Blackstone’s largest investors have increased scrutiny of the private equity firm after Blackstone-owned slaughterhouse cleaning company Packers Sanitation Services (PSSI) in February paid a $1.5 million US Department of Labor (DOL) fine for “oppressive…
*Blackstone Tenants available for interview in English and in Spanish* As Homelessness Surges, New Report Shows Blackstone Eliminating Thousands of Affordable Housing Units with Rent Hikes: Blackstone Tenants Union to Host Town Hall with San Diego…
The Department of Labor (DOL) has recently launched investigations into at least two private equity-owned companies that have employed children in dangerous working conditions: Packers Sanitation Services (PSSI), owned by Blackstone, and Hearthside Food Solutions, owned by Charlesbank Capital and…
In coalition with more than 20 other organizations, the Private Equity Stakeholder Project (PESP) and the Interfaith Center on Corporate Responsibility (ICCR) sent an investor letter to private equity firm Blackstone Friday, February…
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…
New Scorecard Shows Private Equity’s Race to the Bottom on Climate Carlyle ranks last, earns an ‘F’ The Carlyle Group, Warburg Pincus, and KKR are the top three offenders on climate among private equity firms,…
The Nation reported on how White House National Climate Advisor Ali Zaidi spent the Trump years at law firms that represented fossil fuel companies and private equity giants profiteering from the climate crisis. The Nation, May 17, 2022: Biden’s…
Resilience Force’s Saket Soni, and other allied investors and stakeholders helped lead a March 31 briefing and strategy session, “Climate Resilience and Risk” on workers’ rights and climate disasters. Resilience Force organizer LaTanja Sylvester shared with investors, “These…
Resilience Force has been working for the last two years with workers employed by SERVPRO franchisees and their subcontractors, and other disaster recovery companies. SERVPRO is a Blackstone-owned disaster restoration company with a track record of high-risk practices that…
Large private equity firms have continued to leave a major economic footprint in the healthcare industry. Since 2009, private equity investment in healthcare has outpaced the rate of private equity investments in general. According to data provider Pitchbook, investment in…
Workers have been on strike in Alabama for nearly 10 months Since April 1, 2021, 900 mineworkers have been on strike after saving their employer more than $1 billion during and after its bankruptcy through cuts in pay, overtime,…
New Private Markets contacted the 10 private equity firms featured in the Private Equity Stakeholder Project’s report: Private Equity Propels the Climate Crisis. The report found that these private equity firms, since 2010, have made energy investments dominated by…
