Find more information on the issues deeply affected by private equity investments:
In a groundbreaking development, the Private Equity Stakeholder Project (PESP), with members of the Carrizo Comecrudo Tribe and South Texas Environmental Justice Network, convened an in-person meeting with private equity firm Global Infrastructure Partners (GIP) to discuss the firm’s backing…
A new report from the Private Equity Stakeholder Project explains the corporate pillaging that led Steward Health Care to declare bankruptcy in May 2024. The report details how private equity firm Cerberus Capital Management, aided by hospital landlord…
November 2010 – Cerberus Capital Management, through a newly formed company called Steward Health Care, acquires six Massachusetts hospitals from nonprofit Caritas Christi Health Care in a leveraged buyout. The overall deal is valued at $895 million.[1] Of…
To download a PDF version of this report, click here. In May 2025, PESP published a blog post that provides an update on Steward Health Care. It can be accessed here. Key points Steward…
Updated November 2025 PESP first released a database containing information on private equity-owned companies with 10,000 or more employees in 2023. The database now includes more than 250 private equity-owned companies…
On June 11, 2024 U.S. Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) introduced the Corporate Crimes Against Health Care Act of 2024 to root out corporate greed and private equity abuse in the health care system.
In May, Red Lobster announced it filed for Chapter 11 bankruptcy, closed dozens of stores, and would be selling all its assets.[1] CEO Jonathan Tibus, who was brought in as a restructuring advisor, was quick to…
The Private Equity Stakeholder Project submitted a letter calling on the FTC and the DOJ to block the proposed merger of asset manager giant BlackRock and private equity firm Global Infrastructure Partners (GIP). The merger appears to be…
On June 5, in capitulation to the outcry from the private equity industry, the 5th U.S. Circuit Court of Appeals struck down[1] the Private Fund Advisors rule promulgated by the Securities Exchange Commission (SEC).
Once again, landlords associated with the property management software RealPage find themselves in hot water. On May 22nd, the FBI raided Cortland Management, an Atlanta-based multifamily property developer.
The first-ever Private Equity Energy Tracker was just updated by the Private Equity Climate Risks data consortium project. First released in February of 2024, the Energy Tracker showcases a list of the energy holdings of 21…
On June 5, over 90 organizations and individuals, representing patients, workers, communities, public interest advocates, and healthcare researchers, called on federal authorities, as part of their review of competition in health care, to take action…
