Find more information on the issues deeply affected by private equity investments:
On October 7, 2023, California Governor Gavin Newsom signed SB 253 (Climate Corporate Data Accountability Act) and SB 261 (Greenhouse Gases: Climate-Related Financial Risk) into law, the first of its kind in the United States.[1] Both bills place…
Oil Spill At Louisiana Private Equity-Owned Company Is Latest Example of Private Profit, Public Risk Statement from Jim Baker, Executive Director at the Private Equity Stakeholder Project, on the oil spill 19 miles offshore of Plaquemines Parish in…
Texas communities demand the end of Rio Grande LNG at latest Washington State Pension Board meeting Private equity firm Global Infrastructure Partners invested $3.5 billion into the proposed Rio Grande LNG export terminal. On Thursday, community activists and tribal groups…
The private equity industry faces reputational challenges due to its high management fees and accusations of negative practices, such as neglecting nursing homes and acquiring fossil fuel assets. Critics argue that the industry’s extensive holdings give it too much influence…
Carlyle-owned power plants declare bankruptcy, increased risk in gas fired energy generation Major private equity firm The Carlyle Group is facing increased risks from its large portfolio of gas-fired power plants. Carlyle’s Lincoln Power, based out of Illinois, filed for…
This is an ideal time for all investors to ask Carlyle to be fully transparent about its emissions and energy transition plans across its entire investment portfolio, not…
In September, private equity firm KKR announced the completion of its 42% stake in Port Arthur LNG Phase 1, via Sempra Infrastructure. First announced this spring, KKR’s commitment of new funding for the proposed LNG…
A Private Equity Climate Risks report released in September, “Uncovering KKR’s Environmental Responsibility Gap,” examined how Kohlberg Kravis Roberts & Co. and its affiliates have run three liquefied natural gas (LNG) investments—the Coastal GasLink pipeline in Canada; the…
The Washington State Investment Board is responsible for overseeing the investment portfolios of 17 retirement plans catering to public employees, teachers, school personnel, law enforcement officers, firefighters, and judges. Additionally, we are entrusted with managing investments for several other significant…
The Oregon Investment Council (OIC) is responsible for managing and distributing the investments for various State of Oregon trust funds, such as the Oregon Public Employees Retirement Fund, the Common School Fund, and the State Accident Insurance Fund. Members of…
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…
Multiple public pensions have capital tied up in new billion-dollar PE fossil fuel funds As climate-driven natural disasters continue to affect the United States this year, new liquid natural gas (LNG) projects are still moving forward with development. Commonwealth LNG…
