Find more information on the issues deeply affected by private equity investments:
First-Ever Scorecard Grades Biggest Private Equity Firms On Labor Practices A new labor scorecard developed by the Private Equity Stakeholder Project underscores a pattern of hazardous or negligent labor practices within the industry. All eleven private equity…
Workers at private equity firm The Blackstone Group‘s Fairfield and Aloft LAX/El Segundo and Sheraton Phoenix hotels walked off the job last Wednesday. The strike comes after a negotiation meeting last week in which a group of hotel…
Roark Capital is one of the largest private equity employers with an estimated 1.4 million employees, the majority of which work in food service. Roark’s acquisition of Subway greatly expands the firm’s global presence as a fast food…
On August 23, 2023, the Securities and Exchange Commission (SEC) adopted new rules and rule amendments to enhance the regulation of private fund advisers and update the existing compliance rule that applies to all investment advisers. The new rules and…
PESP released its latest report: Private Equity Profits from Disaster. As climate change accelerates and impacts more communities around the world, the need for skilled labor in the disaster restoration industry grows. Increasingly,…
The Guardian covered our latest report: Private Equity Profits from Disaster. As climate change accelerates and impacts more communities around the world, the need for skilled…
Private equity firms directly employ 12 million people in the United States alone, and millions more around the world. The largest number of workers employed by private equity-owned companies are concentrated in low-wage…
Across the nation, workers and consumers have been rallying against the upcoming merger between retail giants Kroger and Albertsons. The FCC’s decision on this merger could reshape the grocery industry and have profound implications for all those affected. …
After a two year fight with Refresco, the largest independent bottling company in the world, members of the United Electrical, Radio and Machine Workers of America (UE) working at the Wharton, New Jersey Refresco plant finally won their…
After reaching an agreement protecting workers’ right to organize a union at Blackstone-owned PSSI with the United Food and Commercial Workers Union (UFCW), The Blackstone Group should use the lessons from one…
Multiple examples have surfaced of companies owned by private equity firm Brookfield Asset Management spending resources on anti-union efforts instead of investing in their workforces and respecting the rights of workers to organize and collectively bargain. …
PESP researchers Valentina Dabos and Azani Creeks led a panel discussion on private equity and labor organizing at the 2023 Labor Research and Action Network (LRAN) conference in Washington, DC, earlier this month. Pointing out the…
