Private Equity Labor Rights Platform
Click here to sign on to PESP’s platform for Labor Rights. Download a copy of our Labor Rights platform here. The private equity industry must correct its course and improve its treatment of workers. Focused on…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
University of California feels heat over $4 billion Blackstone investment
In early January, the University of California (UC) announced that it was investing $4 billion in the Blackstone Real Estate Income Trust (BREIT). The announcement provoked a backlash from Blackstone tenants and unions representing UC workers who criticized the…
PESP stands in opposition to Cop City and Atlanta police violence
We stand in strong opposition to Atlanta’s Cop City and the violent tactics Atlanta-area law enforcement took against protesters of the environmentally-hazardous training facility. The killing of 26-year-old activist Manuel Esteban Paez Terán…
Exxon’s guilty pleasure: Looting the planet for a quick buck
ExxonMobil, one of the largest and most profitable oil and gas companies in the world, has a complicated history when it comes to climate change. The company has been accused of knowingly downplaying the dangers…
PE-owned Wellpath continues to prioritize profit over care
Private equity firm H.I.G. Capital is the owner of healthcare provider Wellpath, which provides services in jails and prisons. Wellpath has recently seen its credit rating downgraded, faced an executive bribery scandal, and has continued to draw attention for conditions…
Private Equity Descends on Rural Healthcare
Rural healthcare in America has hit a crisis point. Millions of Americans living in rural communities do not have access to critical healthcare services. NEW REPORT: Private Equity Descends on Rural Healthcare By most measures, the health of people…
PESP releases new sweeping report on PE in rural healthcare
Private Equity Descends on Rural Healthcare Sweeping new report provides unprecedented look at private equity investment in rural healthcare A new report by the Private Equity Stakeholder Project (PESP), “Private Equity Descends on Rural Healthcare,” provides an unprecedented look…
Progress Residential Must Meet Additional Conditions to Operate in Minneapolis
Progress Residential’s troubles in Minnesota continued as a subsidiary of the company, Front Yard Residential, must now comply with additional regulations in order to operate in Minneapolis. The conditions include: A 6 month moratorium on acquiring new properties. Attending…
STAT News : Biden admin shares ownership data for thousands of hospitals, improving transparency about private equity’s stake
Last month, the Biden administration recently released a spreadsheet of ownership data on all Medicare-certified hospitals in the US, citing its commitment to transparency and promoting competition. STAT News December 20, 2022: Biden admin shares ownership data for thousands…
Kroger-Albertsons merger, $4 billion dividend will line private equity pockets at the expense of consumers
Private equity firm Cerberus Capital management is providing the world with yet another example of how the past year’s record inflation has been largely caused by corporate greed and excessive profits. On January 17, the Washington…
Sterigenics to Pay $408 Million for Claims of Cancer-Causing Emissions
Sterigenics Agrees to Pay $408 Million to Settle Hundreds of Claims of Cancer-Causing Emissions Private-equity-owned medical sterilization company Sterigenics has agreed to pay $408 million to settle hundreds of cases alleging that its ethylene oxide emissions caused cancer and…
Tenants Deliver Eviction Notice to CIM Headquarters, Bring UC’s Blackstone and CIM Group Investments to Regents Meeting
Los Angeles, CA: Tenants from Alexandria, VA and San Diego, CA addressed the University of California regents during the board’s quarterly meeting January 17-18 at UCLA. Tenants spoke about the increase in eviction filings at apartment complexes owned by…
