Find more information on the issues deeply affected by private equity investments:
As the oil industry shudders through cratering demand and rock-bottom prices, analysts are expecting a wave of bankruptcies,[1] a particular vulnerability for companies carrying a heavy debt load. Private equity firms poured $65 billion into oil investments in…
Clothing retailer J. Crew, which is owned by private equity firms TPG and Leonard Green & Partners, filed for Chapter 11 bankruptcy today.[i] It is the first major retailer to file for bankruptcy during the COVID-19 pandemic. While…
Private equity ownership of nursing homes has drawn substantial scrutiny in recent years, from HCR ManorCare’s increasing health code violations leading up to its bankruptcy to Golden Living’s lawsuits and regulatory violations. An academic study published in…
TPG Capital Partners with RV Horizons to Purchase 78 Manufactured Home Communities Based in San Francisco, California and Fort Worth, Texas, TPG Capital is a private equity firm with over $119 billion in assets under management. TPG has an extensive…
Full report available here. Over the past decade, more than 1.3 million people have lost their jobs due to trouble or bankruptcies at retail companies owned by private equity and hedge funds, according to a new study released…
The Associated Press last week published a story on growing investment by private equity firms in manufactured home (i.e. mobile home) communities, citing a February report by the Private Equity Stakeholder Project, MHAction and the Americans for Financial…
Entertainment writers and the Writers Guild of America have recently sought to end conflicts of interest by imposing a code of conduct on major talent agencies that represent writers. The largest talent agencies – Endeavor (formerly known as WME IMG)…
Last Sunday, Last Week Tonight with John Oliver ran a long segment on the growing investments by private equity firms in manufactured home (i.e. mobile home) communities, threatening a source of affordable housing for millions of…
The Washington Post today ran a long article, “A billion-dollar empire made up of mobile homes” on how some of the largest private equity firms in the world, including The Blackstone Group, Apollo Global Management, TPG Capital, Brookfield Asset…
A new report “Private equity giants converge on manufactured homes” (available here – link) details how many of the largest private equity and real estate investors in the world, managing more than $1.77 trillion in assets, have converged on the…
New Jersey State Senate President Pro Tempore M.Teresa Ruiz earlier today introduced a bill (S1914) to prohibit state investments in companies that target victims of Hurricane Maria in Puerto Rico, by pursuing foreclosures – either directly or indirectly – during…
In December 2017 and January 2018, community groups and Puerto Rican diaspora groups concerned about TPG Capital’s and The Blackstone Group’s foreclosures in Puerto Rico held protests at TPG’s and Blackstone’s offices. The groups called on Blackstone and TPG…
