Find more information on the issues deeply affected by private equity investments:
Private equity KKR’s investment in the controversial Coastal Gaslink Pipeline was featured in an online forum organized by the University of Washington’s Harry Bridges Center for Labor Studies May 19. Trustees and representatives of dozens of institutional investors with…
Last week Rhode Island Attorney General Peter Neronha approved the sale of Prospect Medical Holdings, a safety net hospital chain majority-owned by private equity firm Leonard Green & Partners, after a year-long investigation into the company’s finances. As a condition…
“The Healthcare Divide,” a new documentary by FRONTLINE and NPR, shines a light on the disparities faced by patients in safety net hospitals, highlighting hospital chain Prospect Medical Holdings and its private equity owner Leonard Green & Partners.
The main US private equity lobby group, the American Investment Council (AIC), released a report in 2019 touting private equity’s contributions to the US economy by employing millions of workers.[1] Since private equity firms buy out companies with…
As we commemorate the women and men who died while serving in the U.S. military, we look at those veterans struggling with evictions and ultimately homelessness. The Private Equity Stakeholder Project has tracked eviction filings by private equity firms and…
The National Housing Law Project, The National Low Income Housing Coalition, and the Private Equity Stakeholder Project delivered a letter earlier this month to Federal Housing Finance Agency (FHFA) Director Mark Calabria, urging him to take action against landlords…
The energy funds of private equity firm The Carlyle Group have underperformed the Pitchbook private equity benchmark, and its NGP funds all posted negative returns as of 4Q2020. Carlyle’s extensive exposure to oil and gas assets resulted in…
The University of Washington’s Harry Bridges Center for Labor Studies hosted a forum that explored the relationship between pension funds and other institutional investors, the climate crisis, and the impacts on communities and the environment. Trustees and representatives of…
The Private Equity Stakeholder Project has published a report on Roark Capital, which has collected billions from investors in recent years. Will those investors get it back? Private equity firm Roark Capital, based in Atlanta, recently launched fundraising for…
As the private equity industry comes under increasing scrutiny for health care fraud, private equity firm H.I.G. Capital stands out as a repeat offender. H.I.G. has owned multiple health care companies that have paid out multimillion dollar settlements for…
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…
Safety net hospital chain Prospect Medical Holdings has threatened to close its two Rhode Island hospitals in response to conditions imposed by Rhode Island Attorney General Peter Neronha intended to keep the hospitals open. Providence Journal, April 29, 2021: “…
