Find more information on the issues deeply affected by private equity investments:
The Carlyle Group’s two-year fundraising journey for its flagship buyout fund, Carlyle Partners VIII, closed in August raising an abysmal 54 percent of its $27 billion goal and overall 20 percent less than what the firm raised for…
Over the last 15 years, CIM has been the center of headlines in the New York Times, Washington Post, Los Angeles Times, and Wall Street Journal, among other media outlets. The news stories have covered a range of issues: CIM’s…
The report highlights housing policies that would curb abuses by corporate landlords and existing housing laws. Today, the Private Equity Stakeholder Project (PESP) released the latest installment of its Tools for Tackling Corporate Landlords policy report series, which focuses…
Tenant advocates and government officials are expressing mounting concerns over the acceleration of corporate investment in housing. Housing financialization first gained momentum following the 2007-2008 mortgage crisis when Wall Street firms acquired foreclosed homes en masse. In recent years, the…
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.
Tenants call on CalPERS to halt investments in Blackstone due to role in fueling housing crisis Tenants of Blackstone-owned properties spoke at a November 13 meeting of the California Public Employees Retirement System…
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…
On August 29th, tenants, community members, and faith leaders staged a protest and vigil at the Southern Towers Apartment Complex in Alexandria, Virginia. The action marked the third anniversary since private equity firm…
Brookfield’s Climate Paradox Climate Pledges vs. Fossil Fuel Reality December 2023 report Private equity giant Brookfield Corporation’s vast fossil fuel investments undermine its stated commitment to tackle climate change. With over $850 billion in assets under management—and despite a declared goal…
