Find more information on the issues deeply affected by private equity investments:
Kaiser Health News (KHN) reported how from 2010 to 2019, there was a large increase in private equity companies buying up nursing homes, along with other investments in healthcare – anywhere from 5% to 11% of nursing homes nationwide.
In 2019, KKR bought BrightSpring Health Services, one of the nation’s largest group home operators, “consisting of more than 600 residential facilities serving thousands of people with severe intellectual or developmental disabilities, some of whom cannot speak, wash, or feed…
Demand for mental health services is rising as more people deal with pandemic-related challenges, “making the sector ripe for investment.” The Wall Street Journal (WSJ) reported that “Venture capitalists and private-equity firms are pouring billions of dollars into mental-health…
Resilience Force’s Saket Soni, and other allied investors and stakeholders helped lead a March 31 briefing and strategy session, “Climate Resilience and Risk” on workers’ rights and climate disasters. Resilience Force organizer LaTanja Sylvester shared with investors, “These…
Oaktree Capital has been named in reports of alleged illicit Iranian oil smuggling in possible violation of sanctions, in addition to the private equity firm’s extensive portfolio of oil and gas investments. A non-profit organization that monitors Iran identified…
Shirley Smith, who lives in Michigan and worked at Art Van Furniture for 23 years: “Art Van was a family-owned furniture company. It was a great place to work, with great benefits, and offered financial stability. I was a single…
Oregon continues to commit new capital to private equity funds that are likely to pursue fossil fuel investments, even as civic groups criticize the pension’s exposure to dirty energy.Divest Oregon partnered with Environment Oregon, Oregon Physicians for Social…
Private equity firm KKR recently acquired a majority stake in Refresco, the world’s largest independent bottling company. Refresco produces beverages such as BodyArmor Sports Drink for Coca-Cola, Gatorade for Pepsi, Arizona Iced Tea, and Tropicana juices. This spring, workers…
In light of the growing investor interest in healthcare and the risks associated with private equity ownership of healthcare companies, the Private Equity Stakeholder Project will be tracking private equity-backed healthcare acquisitions. Below is a list of private equity…
United for Respect, Private Equity Stakeholder Project, and Americans for Financial Reform today announced that they had sent the below letter to Kohl’s Corporation’s (NYSE: KSS) Board of Directors and Investors. The groups urged the board and…
PESP expressed strong support for the Securities and Exchange Commission’s (SEC) proposed rules that would provide investors with necessary details on the fees, expenses, returns, and compliance records of private funds they are invested in or are considering investing…
