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…
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…
Privatized prison healthcare seeks profit at patients’ expense
Patients in U.S. prisons and jails have no choice in who provides them with healthcare. Instead, contracts are made between private companies and state and local governments, whose officials may not be motivated by care quality concerns, but instead budgetary…
Private equity-owned YesCare dodges liability with “get-out-of-jail-free card”
U.S. prison healthcare provider continues to profit in the midst of wrongful death and sexual abuse lawsuits A new evaluation of U.S. prison healthcare provider YesCare documents how the private equity-owned company used a bankruptcy strategy to evade…
FTC lawsuit targets PE’s harmful healthcare roll-ups
In September 2023, the Federal Trade Commission sued private equity firm Welsh Carson Anderson & Stowe and a healthcare provider under its ownership, alleging a coordinated monopoly scheme at Texas patients’ expense. The complaint alleges that Welsh Carson and US…
Private equity firms extract another $100 million in dividends from CHG Healthcare Services
In August 2023, CHG Healthcare Services, a medical staffing company, implemented a $530 dividend recapitalization.[1] This is the company’s sixth dividend recapitalization[2] since it was acquired by private equity firms Leonard Green and Partners and Ares…
Washington State Investment Board invested in polluting Rio Grande LNG
The Washington State Investment Board is responsible for overseeing the investment portfolios of 17 retirement plans catering to public employees, teachers, school personnel, law enforcement officers, firefighters, and judges. Additionally, we are entrusted with managing investments for several other significant…
