Find more information on the issues deeply affected by private equity investments:
60 Minutes reported how hedge funds and other financial firms – including private equity – now own nearly a third of the daily newspapers in the US. These new owners “are often committed not to headlines and deadlines, but to…
More Perfect Union’s latest video shows when private equity firms come in, workers can suffer. Cheesecake Factory workers spoke with More Perfect Union, describing their working conditions when their employer was owned by private equity firm Roark Capital. The…
The Philadelphia Inquirer in February reported on Prospect Medical Holdings’ agreement to sell financially troubled Crozer Health after making deep cuts to staffing. The Philadelphia Inquirer, February 10, 2022: Prospect Medical has preliminary deal to sell Crozer Health The…
In January the US Senate Committee on Banking, Housing, and Urban Affairs hosted a virtual briefing and listening session with renters from across the country to hear about their experiences living in rental properties owned by large corporate owners,…
Following a National Bureau of Economic Research study that found a 10 percent increased mortality rate of patients at private equity-owned nursing homes, U.S. Representative Pramila Jayapal earlier this month introduced the Healthcare Ownership Transparency Act, which will…
In light of the growing investor interest in health care and the risks associated with private equity ownership of health care companies, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is a list…
Institute for Policy Studies associate fellow Sam Pizzigati asked if democracy in the United States could be disappearing and called the private equity industry a danger to American democracy. Counterpunch, February 22, 2022: From the Kingpins of Private Equity,…
The Carlyle Group announced on February 1st that the firm has set a net zero by 2050 goal while also setting “near-term climate goals” in order to carry out immediate action on reductions to emissions. The announcement lacks in…
On February 10, 2022, Minnesota Attorney General Keith Ellison announced that he had filed a lawsuit against Havenbrook Homes, Front Yard Residential, and Pretium Partners, which collectively own more than 600 single-family residential rental properties in Minnesota. The lawsuit…
In a new report covered by the American Prospect and Reuters, the Private Equity Stakeholder Project examines private equity investment in a few key areas: the troubled teen industry, for-profit foster care, services for youth with intellectual…
Apollo Global Management plans to raise $25 billion for its next flagship buyout fund in 2022 and will not be investing in fossil fuels through the new fund, according to Bloomberg. The new fund will be one of the…
Last Spring, More Perfect Union released a video that described how “the former head of mortgage and credit investments at Goldman Sachs, Don Mullen Jr. — the man who famously made millions off predicting and exacerbating the national housing crisis…
