Find more information on the issues deeply affected by private equity investments:
After recent critical media coverage of private equity firms’ behavior in the housing market as revealed by the Pandora Papers, Sen. Elizabeth Warren sent letters to Progress Residential, Invitation Homes and American Homes 4 Rent, companies and…
Bloomberg looked at how private equity money pouring into single family home purchases is turning first-time homebuyers into renters. Bloomberg Businessweek, February 18, 2022: Wall Street Is Buying Starter Homes to Quietly Become America’s Landlord It…
After reporting extensively on private equity’s impact, David Dayen of the American Prospect concluded from PESP’s latest report on behavioral health services for vulnerable youth: “Private equity’s goal isn’t to provide a safe and comfortable environment for those in its…
The Economist reported that some of the $44bn of mostly fossil-fuel assets that the oil and gas industry has shed since the start of 2018 are not being closed down, but bought up by private equity firms funded by university…
IPE reported on the United Electrical, Radio and Machine Workers of America’s (UE) and PESP’s letter to UN Principles for Responsible Investment (PRI) chief executive officer David Atkin, by describing how PAI Partners’ portfolio company Refresco is engaged in union-busting…
While the 2009 recession was a financial sinkhole for millions of Americans with more than 3.7 million households being foreclosed upon, ProPublica reported on how private equity-backed companies scooped up tens of thousands of single-family homes lost to foreclosure at…
A new report by the Private Equity Stakeholder Project and LittleSis examines a “dirty dozen” of private equity executives whose fossil fuel investments drive climate crisis and environmental injustice. As The Guardian exclusively reported (see ‘Biggest oil barons’: the…
The Toronto Star traced the evolution of Pretium Partners, a private equity fund which is now a “real estate behemoth” devised by former Goldman Sachs executive Don Mullen who made a fortune predicting the U.S. housing collapse in 2008. Toronto…
NPR extended its ongoing investigation of corporate investor buy-ups of mobile home communities, flagging how companies such as Havenpark Communities are aided by billions of dollars of low-interest-rate loans backed by the federal government. And the volume of that financing…
Using data and analysis from Private Equity Stakeholder Project research, a recent Financial Times editorial argued “Brown assets ought not to be private capital’s dirty secret: some transparency can be brought to bear, particularly on the larger private…
Reporting on how Zillow has agreed to sell 2,000 of its homes to Pretium Partners, “the second-largest single-family landlord in the country, a controversial and growing powerhouse that has faced allegations it evicted tenants during the national eviction moratorium…
In another investigative piece on private equity’s “insatiable appetite for healthcare in recent years”, Modern Healthcare reported how the DOJ has won more than $43 million in settlement proceeds from private equity defendants across at least five such cases. Modern…
