Find more information on the issues deeply affected by private equity investments:
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…
Recent investigations into quality and compliance issues at a private-equity-owned healthcare company focused on serving frail low-income seniors may be a bellwether for the risks of private equity’s entrance into the space. InnovAge, which is majority owned by private equity…
In January, Bloomberg reported that private equity giant Apollo Global Management, with $481 billion in assets under management, is pledging not to invest in fossil fuels in its next flagship buyout fund (See “Apollo to Shun…
The US Senate Committee on Banking, Housing, and Urban Affairs this week is holding a tenant listening session (February 8, 10:00 AM EST) and a hearing (February 10, 10:00 AM) on “How Institutional Landlords are Changing the Housing…
This past November, at the Consumer Voice’s annual conference, Eileen O’Grady of PESP and other experts gave an overview of how private equity ownership of nursing homes can harm residents and shed light on economic practices common to almost…
The Environmental Protection Agency (EPA) issued an important set of proposed rules in November 2021 to curb methane emissions from oil and gas production operations. The Private Equity Stakeholder Project joined with 150 organizations representing environmental,…
The United Electrical, Radio and Machine Workers of America (UE) and the Private Equity Stakeholder Project (PESP) sent a letter to the PRI Board of Directors requesting the delisting of PAI Partners after the private equity firm and PRI…
