Explore the issues
Find more information on the issues deeply affected by private equity investments:
Why Do So Many Private Equity-Owned Companies Pay Less Than $15 Per Hour?
The Fight for $15 began ten years ago with mass strikes by workers at McDonald’s and other fast-food companies in multiple cities across the U.S. Since then, the $15 minimum wage has gained an enormous amount of traction and has…
Cerberus Capital Management Risk Assessment
Cerberus Capital Management has raised tens of billions of dollars from institutional investors, such as pension funds, university endowments, and foundations. Institutional investors should assess whether the returns generated by Cerberus’ investments are adequate for the risks they entail.
Private Equity Health Care Acquisitions – December 2021
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…
Private Equity Firm Sycamore Partners’ Brands Must Ensure Garment Workers Receive $7.8 Million in Unpaid Compensation
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…
Private Equity Stakeholder Project Joins Senators Warren and Brown, AFL-CIO President Shuler and UMWA President Roberts Calling out the Role of Private Equity at Warrior Met Coal
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: A Smiling Sayanora from Private Equity’s Pioneers
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…
Private Equity Firms Reaped Billions of Dollars in Debt-Funded Dividends from Healthcare Companies in 2021
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…
Media scrutiny of Pretium Partners continues: How a billion dollar housing bet upended a Tennessee neighborhood
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…
Toronto Star: Secret money. Elite Canadian families. And a corporate landlord accused of pandemic evictions
The Toronto Star traced the evolution of Pretium Partners, a private equity fund which is now a “real estate behemoth” devised by former Goldman Sachs executive Don Mullen who made a fortune predicting the U.S. housing collapse in 2008. Toronto…
NPR: How the government helps investors buy mobile home parks, raise rent and evict people
NPR extended its ongoing investigation of corporate investor buy-ups of mobile home communities, flagging how companies such as Havenpark Communities are aided by billions of dollars of low-interest-rate loans backed by the federal government. And the volume of that financing…
