Find more information on the issues deeply affected by private equity investments:
In early January, the University of California (UC) announced that it was investing $4 billion in the Blackstone Real Estate Income Trust (BREIT). The announcement provoked a backlash from Blackstone tenants and unions representing UC workers who criticized the…
We stand in strong opposition to Atlanta’s Cop City and the violent tactics Atlanta-area law enforcement took against protesters of the environmentally-hazardous training facility. The killing of 26-year-old activist Manuel Esteban Paez Terán…
ExxonMobil, one of the largest and most profitable oil and gas companies in the world, has a complicated history when it comes to climate change. The company has been accused of knowingly downplaying the dangers…
Private equity firm H.I.G. Capital is the owner of healthcare provider Wellpath, which provides services in jails and prisons. Wellpath has recently seen its credit rating downgraded, faced an executive bribery scandal, and has continued to draw attention for conditions…
Rural healthcare in America has hit a crisis point. Millions of Americans living in rural communities do not have access to critical healthcare services. NEW REPORT: Private Equity Descends on Rural Healthcare By most measures, the health of people…
Private Equity Descends on Rural Healthcare Sweeping new report provides unprecedented look at private equity investment in rural healthcare A new report by the Private Equity Stakeholder Project (PESP), “Private Equity Descends on Rural Healthcare,” provides an unprecedented look…
Progress Residential’s troubles in Minnesota continued as a subsidiary of the company, Front Yard Residential, must now comply with additional regulations in order to operate in Minneapolis. The conditions include: A 6 month moratorium on acquiring new properties. Attending…
Last month, the Biden administration recently released a spreadsheet of ownership data on all Medicare-certified hospitals in the US, citing its commitment to transparency and promoting competition. STAT News December 20, 2022: Biden admin shares ownership data for thousands…
Private equity firm Cerberus Capital management is providing the world with yet another example of how the past year’s record inflation has been largely caused by corporate greed and excessive profits. On January 17, the Washington…
Sterigenics Agrees to Pay $408 Million to Settle Hundreds of Claims of Cancer-Causing Emissions Private-equity-owned medical sterilization company Sterigenics has agreed to pay $408 million to settle hundreds of cases alleging that its ethylene oxide emissions caused cancer and…
Los Angeles, CA: Tenants from Alexandria, VA and San Diego, CA addressed the University of California regents during the board’s quarterly meeting January 17-18 at UCLA. Tenants spoke about the increase in eviction filings at apartment complexes owned by…
The CIM Group is a private equity real estate firm based in Los Angeles, CA. The last four CIM real estate funds have underperformed their peers, posting returns in the third and fourth (i.e. bottom) quartiles. For instance, CIM Fund VIII…
