Time for full transparency from Carlyle: A guide for investors
This is an ideal time for all investors to ask Carlyle to be fully transparent about its emissions and energy transition plans across its entire investment portfolio, not…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Workers at Blackstone-owned hotels go on strike
Workers at private equity firm The Blackstone Group‘s Fairfield and Aloft LAX/El Segundo and Sheraton Phoenix hotels walked off the job last Wednesday. The strike comes after a negotiation meeting last week in which a group of hotel…
Can Roark change the food service industry with Subway acquisition?
Roark Capital is one of the largest private equity employers with an estimated 1.4 million employees, the majority of which work in food service. Roark’s acquisition of Subway greatly expands the firm’s global presence as a fast food…
Crain’s Chicago Business : Duly Health & Care physicians group lays off workers
Duly Health & Care, Chicago’s largest physicians group, is facing financial challenges and taking various cost-cutting measures, including staff layoffs and compensation reductions. The organization has been struggling with a heavy debt burden stemming from a 2017 private-equity deal, and…
Hart Energy : KKR Buys 42% Stake in Sempra’s Port Arthur LNG Project
In September, private equity firm KKR announced the completion of its 42% stake in Port Arthur LNG Phase 1, via Sempra Infrastructure. First announced this spring, KKR’s commitment of new funding for the proposed LNG…
Bloomberg : Private Equity Is No Longer a Reliable Last Resort for Troubled Hospitals
Private equity firm Prospect Medical Holdings Inc. (formally owned by PE firm Leonard Green & Partners) purchased a financially struggling hospital near Philadelphia with promises of restoring profitability and securing the community’s healthcare needs. However, after seven years, Delaware County…
Private Equity Healthcare Acquisitions – September 2023
In light of the growing 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…
Texas bankruptcy court approves Envision Healthcare’s split into two companies with new owners
Medical staffing firm Envision Healthcare is close to exiting bankruptcy after the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, signed off on the company’s plans of reorganization on October 11.[1] The reorganization splits Envision…
RealPage controversy rages on as pension funds continue to invest
As previously mentioned on the Private Equity Stakeholder Project blog, technology can be utilized by private equity firms, landlords, and other corporate actors to drive up profit at the expense of tenants. One…
American Securities fails to sell prison telecom company ViaPath
Private equity firm American Securities owns ViaPath Technologies, formerly Global Tel Link, one of the nation’s largest prison telecom corporations. Early this year, Bloomberg reported that SPAC Tristar Acquisition I…
Teen Vogue : What Is Private Equity and How Does It Work?
Last month, Teen Vogue published a story explaining the private equity industry and the sectors in which PE firms invest. The private equity industry, known for its leveraged buyout practices, is criticized for prioritizing profit over the well-being of purchased…
Investigation into KKR’s environmental violations covered by multiple publications
A Private Equity Climate Risks report released in September, “Uncovering KKR’s Environmental Responsibility Gap,” examined how Kohlberg Kravis Roberts & Co. and its affiliates have run three liquefied natural gas (LNG) investments—the Coastal GasLink pipeline in Canada; the…
