Find more information on the issues deeply affected by private equity investments:
Coal has become less competitive as a power source and has been a prime target in efforts to halt climate change. The plunge in demand for electricity due to the global coronavirus pandemic is expected to hasten coal’s decline as…
The private equity giant’s forays into the single-family home rental and mortgage business have harmed renters, prospective homebuyers, and homeowners. Our new report, “Cerberus Capital Management’s three-headed attack on homeowners, tenants,” looks at private equity and debt firm Cerberus…
TPG Capital Partners with RV Horizons to Purchase 78 Manufactured Home Communities Based in San Francisco, California and Fort Worth, Texas, TPG Capital is a private equity firm with over $119 billion in assets under management. TPG has an extensive…
Private equity firm Leonard Green & Partners owns Prospect Medical Holdings, a healthcare company operating hospitals and clinics in California, Connecticut, New Jersey, Pennsylvania, Rhode Island, and Texas. Leonard Green is now trying to quietly walk away from Prospect after…
American Securities’ GTL, the largest correctional telephone and communications provider, has faced scrutiny for exorbitant phone and video-calling rates, flaunting legal protections, allegedly bribing government officials, and growing regulatory risk. Full report available here. Key Points: American Securities’ ownership…
Last year, we looked at Cerberus Capital Management’s investment in grocery retailer Albertsons-Safeway, one of the largest private equity-owned companies in the United States by employees. We recently took a closer look at the investment performance of Cerberus’ recent…
In buying up and combining two correctional service companies, Trinity and Keefe, HIG Capital’s TKC has an incentive to serve poor quality meals, which have been blamed in part for protests, contract terminations, and increased public health risks. Our new…
Investments by private equity firms in the health care industry have surged in recent years and continue to grow. In 2018, the value of private equity deals in health care reached a record-breaking $31 billion for 388 transactions. Globally, health…
Last week, the Private Equity Stakeholder Project and United Food and Commercial Workers Union (UFCW) Local 400 released a report, “Private Equity’s Biggest Retail Gamble: Albertsons-Safeway” that looks at Cerberus Capital Management’s ownership of Albertsons-Safeway, the largest private equity-owned…
Earlier this week, Senator Elizabeth Warren and Representatives Alexandria Ocasio-Cortez and Mark Pocan sent letters to several private equity firms profiting from incarceration and detention. Apax Partners, which owns electronic monitoring company Attenti, pushed back, insisting its investment…
Earlier this week, Senator Elizabeth Warren and Representatives Alexandria Ocasio-Cortez and Mark Pocan sent letters to several private equity firms profiting from incarceration and detention. Apax Partners, which owns electronic monitoring company Attenti, pushed back, insisting its investment…
Private equity firm Platinum Equity has recently drawn criticism for its investment in Securus, one of the largest providers of phone, email, money transfer, and electronic monitoring services to jails, prisons and immigration detention centers in the U.S. While…
