Find more information on the issues deeply affected by private equity investments:
A new Guardian spotlight has thrown light on the dangers of Wall Street’s growing push into public utilities. The piece highlights BlackRock’s $6.2 billion bid to acquire Minnesota Power’s parent company, Allete. Opponents warn the deal…
A new MedPage Today story spotlights growing fears that Deputy Defense Secretary Steve Feinberg, founder of Cerberus Capital Management, could push further privatization of U.S. military healthcare. Advocates worry that military…
A new MedPage Today story spotlights growing fears that Deputy Defense Secretary Steve Feinberg, founder of Cerberus Capital Management, could push further privatization of U.S. military healthcare. Advocates worry that military…
Private equity forms new dark money group to gain access to Americans’ 401(K)s The $22 trillion private equity industry has drawn on a familiar playbook in creating a new dark money group called the “Council for a Safe and…
BlackRock’s pressure campaign sparks outcry as Minnesota regulators weigh utility takeover Proposed acquisition raises alarms about Wall Street’s influence over Minnesota’s energy future DULUTH, Minn. – As the Minnesota Public Utilities Commission (PUC) considers whether to approve BlackRock’s proposed takeover of…
Quantum Capital’s 11.6k+ fossil fuel assets responsible for at least $2.4 billion in public health costs annually Texas-based energy specialist private equity firm Quantum Capital’s extensive fossil fuel portfolio of upstream oil and gas assets is responsible for…
Brookfield-owned Westinghouse Electric spent more than $800,000 on anti-union consultants last year and failed to make required disclosures, according to a complaint filed…
Each month, PESP’s Healthcare Team will be putting together a roundup that shares the latest news stories related to private equity in healthcare and highlights the work that our team has published in the last month. In the news…
As Ariel Investments’ private equity arm refuses to stay neutral while workers unionize, the firm is facing major scrutiny from investors over staff turnover and poor performance. Ariel Investments is the majority owner of Sorenson Communications, a provider…
PESP’s concerns about the Sycamore Partners/Walgreens buyout drew significant press coverage this week, with major outlets citing the organization’s warnings about the risks posed to patients, workers, and communities. Private equity firm Sycamore Partners has completed…
***MEDIA ADVISORY*** PRESS CONFERENCE: Elected Officials and Community Leaders Stand Against the $6.2B Private Equity Acquisition of Minnesota Power DULUTH, Minn. – Next week, elected officials, community members and organizations parties to the case will hold a press conference outside of…
Private Equity Firm Sycamore Partners Finalizes Acquisition of Walgreens, Raising Alarms Over Debt and Bankruptcy Risk Debt-heavy buyout raises fears of store closures, layoffs, and bankruptcy Chicago, IL – Today, private equity firm Sycamore Partners announced it has finalized its…
