Find more information on the issues deeply affected by private equity investments:
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 will be tracking private equity-backed healthcare acquisitions. Below is a list of private equity…
United for Respect, Private Equity Stakeholder Project, and Americans for Financial Reform today announced that they had sent the below letter to Kohl’s Corporation’s (NYSE: KSS) Board of Directors and Investors. The groups urged the board and…
PESP expressed strong support for the Securities and Exchange Commission’s (SEC) proposed rules that would provide investors with necessary details on the fees, expenses, returns, and compliance records of private funds they are invested in or are considering investing…
Private Equity Stakeholder Project joined with Stop the Money Pipeline coalition, Earthworks, the Action Center on Race & the Economy, Public Citizen and Americans for Financial Reform in a webinar to discuss how private equity is fueling climate chaos…
Real Change wrote how “Over the past decades, the Washington State Investment Board (WSIB), which manages the pensions of state employees, has invested billions into fossil fuel companies. According to the environmental group Stand.earth, the WSIB owns at…
On March 1, 2022, President Joe Biden gave his first State of the Union address. Included in this speech was a long section focused on private equity’s impact on patient care in nursing homes. “As Wall Street firms take over…
On January 26, the Security and Exchange Commission (SEC) voted to propose amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds. The proposed amendments are designed to enhance the Financial Stability Oversight Council’s…
In July 2019, private equity firm Platinum Equity reported using two placement agents, VolcomCapital SA and Magenta Capital Services Ltd., to raise capital from non-US investors for Platinum Equity Capital Partners V.[i] VolcomCapital was founded by Sebastián Piñera…
Private equity firm Platinum Equity owns Aventiv Technologies, the parent company of prison and jail phone and communications company Securus, as well as JPay and AllPaid, which provide money transfer services for incarcerated people and their families. Worth Rises’…
Resilience Force has been working for the last two years with workers employed by SERVPRO franchisees and their subcontractors, and other disaster recovery companies. SERVPRO is a Blackstone-owned disaster restoration company with a track record of high-risk practices that…
Private equity firm KKR recently acquired a majority stake in Refresco, the world’s largest independent bottling company. Refresco produces beverages such as BodyArmor Sports Drink for Coca-Cola, Gatorade for Pepsi, Arizona Iced Tea, and Tropicana juices. KKR touts its…
The private equity industry has pumped hundreds of billions of dollars into fossil fuel companies with minimal public scrutiny. The Carlyle Group has one of the largest portfolios of dirty energy companies among the diversified private equity firms, as…
