Find more information on the issues deeply affected by private equity investments:
Last week, S&P reported that Energy Capital Partners has entered into an agreement to acquire Lightstone Holdco LLC, the joint venture between Blackstone and ArcLight which owns the coal-fired Gavin Power Plant, one of the US’s largest and…
The Kroger-Albertsons merger hearing has emerged as a pivotal moment in the ongoing debate over private equity’s expanding role in the retail sector. The $24.6 billion deal[1], largely benefiting Albertson’s private equity owner Cerberus Capital Management,…
A review by the Private Equity Stakeholder Project (PESP) has found that private equity firms played a role in eleven of the 17 (65%) largest US corporate bankruptcies during the first six months of 2024 (bankruptcies with liabilities of $1…
The U.S. Federal Energy Regulatory Commission (FERC) has approved BlackRock’s $12.5 billion acquisition of private equity firm Global Infrastructure Partners (GIP), BlackRock’s largest acquisition in 15 years. As part of the deal, BlackRock…
A bill in California aims to increase oversight of private equity investments in healthcare, a sector where profit-driven practices have raised concerns about higher costs, diminished care quality, and restricted access to essential services. LA Times August 09, 2024:…
On June 11, 2024, the Federal Housing Finance Agency (FHFA) issued a request for input (RFI) on the proposed 2025-2027 Underserved Markets Plans (Plans) submitted by Fannie Mae and Freddie Mac (the Enterprises) under the Duty to…
Each month, PESP’s Healthcare Team will be putting together a roundup that shares the latest news stories related to private equity in healthcare and highlights the work that our team has published in the last month. In the news…
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…
