Find more information on the issues deeply affected by private equity investments:
A story from Next City profiles the End Hedge Fund Control of American Homes Act, a bill supported by the Private Equity Stakeholder Project. Next City, March 28, 2024: “Meet the Bill To…
Throughout the United States, hospitals that were pillaged by private equity firms in recent years have been experiencing financial distress and patient care issues. Four of these hospitals are slated to close[1] and two have already closed since…
A new report released by the Private Equity Stakeholder Project (PESP) reveals that private equity investments in the green energy sector – particularly in solar and wind projects – are rife with hazardous working conditions and low-wage, unstable jobs. “…
To download a PDF version of this report, click here. As the renewable energy sector has grown, private equity firms have made substantial investments in solar and wind power. These firms invest both directly in…
On August 20, 2024, the Department of Justice announced a $3.85 million settlement with Intrepid USA, Inc. regarding alleged violations of the False Claims Act (FCA).[1] Headquartered in Dallas, Texas, Intrepid, USA is a home health and…
A labor dispute covered in blogs from December 2023 and March 2024, continues to plague Instar-owned Windmill Farms, as Instar and Windmill Farms have refused to meet with…
BlackRock, the world’s largest asset manager, with $10 trillion in assets under management, announced its plans to acquire private equity firm Global Infrastructure Partners (GIP) in January of this year. The $12.5 billion deal would be BlackRock’s largest…
As more workers petition to form unions, employers are turning to union avoidance firms and anti-union persuaders. Union busting firms use tactics like creating anti-union literature and holding captive audience meetings where workers are discouraged from…
Developer of GIP’s Rio Grande LNG project sees stock price drop The developer of Global Infrastructure Partners’ (GIP) proposed Rio Grande LNG terminal, NextDecade, saw its stock plummet by over 40% after a court ruling overturned the project’s…
The Gavin coal plant along the Ohio River, owned by the politically-connected private equity firm Blackstone, is losing money and poses significant environmental liabilities. The plant, owned by Blackstone and ArcLight Capital Partners, is considered the deadliest coal plant…
Common Dreams recently published an op-ed by PESP climate director Alissa Jean Schafer on the dangers of the Blackstone-owned Gavin Coal Plant in Ohio. The world’s largest private equity firm owns one of the US’s largest and dirtiest…
Today, the Department of Justice and eight states including California and North Carolina filed a lawsuit against RealPage, the controversial private equity-owned real estate software company. The lawsuit accuses RealPage of enabling collusion among landlords to engage…
