Find more information on the issues deeply affected by private equity investments:
A new report from the Private Equity Stakeholder Project released in January revealed how private equity firm Apollo Global Management’s ownership of two major American hospital systems degrades services, hurts workers, and puts patients at grave risk. The report was…
A recent Hawaii Business Magazine story followed the notable increase of private equity influence in Hawaii’s hotels. Hawaii Business Magazine December 18, 2023: Private Equity Owns a Big Chunk of Hawai‘i’s Hotels. Here’s Why That Matters. Private equity…
An article by KQED highlights the plight of Katrina Turner, a 43-year-old woman with developmental disabilities who suffered abuse and neglect at the Illinois Home, an Enhanced Behavioral Supports Home (EBSH) in California. Despite hopes for better care at…
New research released by Harvard Medical School highlights concerns about the quality of care in hospitals acquired by private equity firms. The study, published in the Journal of the American Medical Association, reveals a 25% increase in “hospital-acquired adverse…
In November, South Texas community activists and tribal groups directly affected by the proposed Rio Grande Liquified Natural Gas (LNG) Terminal addressed the Washington State Investment Board (WSIB), demanding the state pension fund seek to halt the polluting LNG project. Despite…
On December 5, Private Equity Climate Risks released a new report, “Brookfield’s Climate Paradox: Climate Pledges vs. Fossil Fuel Reality.”. The report exposed Brookfield’s fossil fuel investments and emissions and found that the firm’s current investments in fossil…
In the Truthout piece, “Private Equity Is Using Prison Phone, Food and Health Systems to Rack Up Profits,” reporter Derek Seidman examines the major foothold private equity has in the United States prison system. Truthout November 24,…
In The Atlantic piece, “The Secretive Industry Devouring the U.S. Economy,” author Rogé Karma examines how private equity has taken one-fifth of formally publicly-traded companies off the market and effectively hidden them from investors, the media, and regulators.
In The Atlantic piece, “What Financial Engineering Does to Hospitals,” financial experts Joe Nocera and Bethany McLean dig into the role private equity plays in the healthcare system, specifically, the industry’s targeting of hospitals and the negative impacts…
The Environmental Business Journal interviewed PESP’s Nichole Heil on various projects PESP has worked on in the climate industry, including the Private Equity Climate Risks 2022 Scorecard & Report. Nichole discussed key PESP findings which included that PE firms…
A Progressive Magazine story, “Private Equity’s Green Façade Is Being Funded by Your Pension,” by James Baratta and Ryan Bieber examines how municipalities are facing a double-edged sword when it comes to the decarbonization movement…
In the Alabama Political Reporter piece, “New report recounts checkered history of Alabama’s prison healthcare provider,” author Jacob Homes discusses PESP’s report “YesCare Dodges Liability for Prison Conditions: Merger, Division, and Bankruptcy…
