Find more information on the issues deeply affected by private equity investments:
Private Equity Firm Sycamore Partners’ Brands Must Ensure Garment Workers Receive $7.8 Million in Unpaid Compensation The clothing store chains Lane Bryant and Torrid are portfolio brands of private equity firm Sycamore Partners.[1] The Brilliant Alliance Thai Global garment…
Workers have been on strike in Alabama for nearly 10 months Since April 1, 2021, 900 mineworkers have been on strike after saving their employer more than $1 billion during and after its bankruptcy through cuts in pay, overtime,…
Inequality.org reviewed the damages caused by Henry Kravis and George Roberts, the billionaire founders of KKR, “America’s first nationally celebrated “private equity” giant” as they step down as the company’s co-CEOs. According to Inequality.org, Kravis’ and Roberts’ KKR portfolio currently…
In 2021, private equity firms extracted a record-breaking $34.9 billion in debt-funded dividends from companies they own,[1] including dividends from US healthcare companies. Dividend recapitalizations are transactions by which private equity firms load debt onto companies they own…
The Washington Post, ICIJ and Telemundo published an investigation on how private equity firm Pretium Partners took advantage of the 2008 housing crisis to benefit the wealthy to the detriment of middle class families seeking housing. The Washington Post, December…
Throughout 2021, Pretium Partners was the object of much scrutiny for its treatment of tenants in the properties it owned. For instance, in response to coverage by NPR and Bloomberg in June, Senate Banking Committee Chair Sherrod…
Right before the Thanksgiving holiday, Bojangles restaurant workers in Burnsville, NC, participated in their second action against private equity-owned Bojangles. They began a week-long strike on November 23 against their employer’s mishandling of COVID cases and also for…
Private equity firms and other corporate landlords filed to evict at least 44,762 residents in counties throughout Georgia, Florida, Texas, Arizona, Tennessee, and Nevada since the federal eviction moratorium was lifted. Corporate landlords have filed to evict at least…
In the past two months, Warburg Pincus acquired two new oil and gas assets despite the private equity firm’s announcement that they are pivoting away from hydrocarbon investments and that their next flagship fund will be free of fossil…
UW News interviewed Riddhi Mehta-Neugebauer, the former research director of the Harry Bridges Center for Labor Studies (Center) at the University of Washington and Michael Mccann, the Gordon Hirabayashi Professor for the Advancement of Citizenship about the Center’s report…
Private equity firm PAI Partners prides itself on its responsible investing and on its stated concern for environmental, social and governance (ESG) issues. However, the business practices of its portfolio company Refresco directly contradict PAI Partners’ ESG policy. In…
In light of the growing investor interest in health care and the risks associated with private equity ownership of health care companies, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is a list…
