Find more information on the issues deeply affected by private equity investments:
PE Files #002: Denny’s PESP’s PE Files take a look at how portfolio companies are impacted by the private equity playbook, from beloved businesses bankrupted to mass layoffs at formerly mom-and-pop operations. WHO: Diner chain Denny’s; private equity…
Genesis Healthcare bankruptcy shows why joint liability is needed to hold private equity accountable Private equity increasingly uses bankruptcy courts to walk away from harm—not just Genesis The Genesis Healthcare bankruptcy has again prompted the Private Equity Stakeholder Project (PESP)…
A series of recent high profile bankruptcies highlights the devastating effects the private equity model can have on workers, suppliers, communities, and investors. PESP’s regular reports and Private…
U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Bernie Sanders (D-VT), and Richard Blumenthal (D-CT) wrote concerned letters to BlackRock and Blackstone earlier this month.
In late October, members of the Detroit Tenants Union gathered at River Pointe Tower, an affordable senior housing complex on the east side of Detroit, to demand that their private equity landlord join them at the bargaining table.
In November, the Wall Street Journal reported that Blackstone was selling off a portfolio of about 90 senior housing properties, incurring over $600 million in losses. In its article “Blackstone is Offloading a Flopped $1.8 Billion Investment…
Each month, PESP’s Healthcare Team will be putting together a roundup that shares 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…
Lander’s $42B call highlights growing alarm over BlackRock’s fossil fuel strategy Watchdog argues BlackRock’s fossil fuel expansion and high-risk infrastructure investments are incompatible with prudent, long-term pension management Outgoing New York City Comptroller Brad Lander has called…
Zohran Mamdani will begin his term as New York City’s mayor on January 1, bringing with him a groundbreaking spate of policy proposals aimed at promoting affordability and improving quality of life for working New Yorkers. The incoming…
In light of continued 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 buyouts,…
Private equity’s expansion into the clinical trial industry is accelerating and may reshape how medical studies are conducted and overseen. The growing consolidation of research sites and ethics review boards raises concerns about trial safety, the long-term…
States move to rein in private equity’s growing control of healthcare, new report finds Private Equity Stakeholder Project report tracks 2025 legislative wave targeting financial risks and ownership opacity in healthcare State lawmakers across the country advanced an unprecedented wave…
