Find more information on the issues deeply affected by private equity investments:
In 2020, the private equity firm CIM Group purchased Southern Towers, a five-building apartment complex of over 2,000 units in Northern Virginia. For decades, Southern Towers has been home to thousands of hardworking blue-collar families, many of whom are African…
PESP sent an alert in December detailing how Sycamore Partners’ strategy has hurt workers and generated poor returns for investors. Since November, Sycamore Partners has ignored multiple messages requesting a meeting to discuss how it can improve…
Fossil Fuel Holdings for Ten of the Largest Private Equity Managers The energy holdings for some of the world’s largest private equity managers are listed above: Ares Management, Apollo Global Management, The Blackstone Group, Brookfield Asset Management/Oaktree Capital, The…
In recent years, private equity investment has been flooding into the addiction treatment industry. Marketplace states, “Addiction treatment — now seen as a big moneymaker — has become a prime investment target because…
Click here to sign on to PESP’s platform for Labor Rights. Download a copy of our Labor Rights platform here. The private equity industry must correct its course and improve its treatment of workers. Focused on…
In early January, the University of California (UC) announced that it was investing $4 billion in the Blackstone Real Estate Income Trust (BREIT). The announcement provoked a backlash from Blackstone tenants and unions representing UC workers who criticized the…
We stand in strong opposition to Atlanta’s Cop City and the violent tactics Atlanta-area law enforcement took against protesters of the environmentally-hazardous training facility. The killing of 26-year-old activist Manuel Esteban Paez Terán…
ExxonMobil, one of the largest and most profitable oil and gas companies in the world, has a complicated history when it comes to climate change. The company has been accused of knowingly downplaying the dangers…
Private equity firm H.I.G. Capital is the owner of healthcare provider Wellpath, which provides services in jails and prisons. Wellpath has recently seen its credit rating downgraded, faced an executive bribery scandal, and has continued to draw attention for conditions…
Rural healthcare in America has hit a crisis point. Millions of Americans living in rural communities do not have access to critical healthcare services. NEW REPORT: Private Equity Descends on Rural Healthcare By most measures, the health of people…
Private Equity Descends on Rural Healthcare Sweeping new report provides unprecedented look at private equity investment in rural healthcare A new report by the Private Equity Stakeholder Project (PESP), “Private Equity Descends on Rural Healthcare,” provides an unprecedented look…
Progress Residential’s troubles in Minnesota continued as a subsidiary of the company, Front Yard Residential, must now comply with additional regulations in order to operate in Minneapolis. The conditions include: A 6 month moratorium on acquiring new properties. Attending…
