Find more information on the issues deeply affected by private equity investments:
On November 13th, Private Equity Stakeholder Project (PESP) staff traveled to Washington D.C. to participate in a Tenant Takeover. The multi-day convening was hosted by the People’s Action Homes Guarantee Campaign, and featured…
In light of the growing investor interest in healthcare and the risks associated with private equity ownership of healthcare companies, the Private Equity Stakeholder Project is tracking private equity-backed healthcare acquisitions. Below is a list of private equity healthcare…
Private equity firm Platinum Equity owns prison and jail telecom contractor Aventiv Technologies (formerly Securus). The largest and one of the most predatory providers of phone and communications services to jails, prisons, and immigration detention centers in the U.S.,…
An op-ed by Emily Stewart, Community Catalyst and Jim Baker, PESP In 2010, when purchasing Prospect Medical Holdings, the private equity firm Leonard Green & Partners made numerous lofty promises to state regulators around expanding services, capital investments,…
Private equity firm Brookfield owns nuclear supplier Westinghouse. In July, reports surfaced of Westinghouse management paying for third party created videos, leaflets, and other materials distributed to the workforce to discourage union membership, as well as coercive statements, rules,…
In August of this year, Roark Capital announced plans to acquire the U.S. sandwich chain Subway for nearly $10 billion. Roark Capital’s acquisition of Subway greatly expands the firm’s global presence as a fast food franchisor – Subway has…
On December 5, Representative Adam Smith (D-Wash.) and Senator Jeff Merkley (D-Ore.) teamed up to introduce the End Hedge Fund Control of American Homes Act of 2023. This legislation was introduced to address the growing problem of housing consolidation by Wall…
Senate Budget Committee chair, Sheldon Whitehouse (D-RI), and co-chair, Chuck Grassley (R-IA) have announced that they are launching a bipartisan investigation into the impacts of private equity ownership of hospitals. Alongside the announcement of the investigation, the Senators sent…
The Carlyle Group’s two-year fundraising journey for its flagship buyout fund, Carlyle Partners VIII, closed in August raising an abysmal 54 percent of its $27 billion goal and overall 20 percent less than what the firm raised for…
The report highlights housing policies that would curb abuses by corporate landlords and existing housing laws. Today, the Private Equity Stakeholder Project (PESP) released the latest installment of its Tools for Tackling Corporate Landlords policy report series, which focuses…
Tenants call on CalPERS to halt investments in Blackstone due to role in fueling housing crisis Tenants of Blackstone-owned properties spoke at a November 13 meeting of the California Public Employees Retirement System…
On August 29th, tenants, community members, and faith leaders staged a protest and vigil at the Southern Towers Apartment Complex in Alexandria, Virginia. The action marked the third anniversary since private equity firm…
