Explore the issues
Find more information on the issues deeply affected by private equity investments:
Kayne Anderson and Warburg Pincus fracking company tied to $1 million in payments to Rep. Boebert’s husband
A fracking company owned by two private equity firms paid nearly $1 million in consulting fees to the spouse of Representative Lauren Boebert (CO) that she failed to disclose until last week.Terra Energy Partners, based in Texas…
Texas Observer: The CDC Halted Evictions. Texas Judges Are Proceeding Anyway.
When the Texas Supreme Court declined to extend its ruling giving judges the authority to enforce the CDC moratorium, Ally Harris, a community educator with the nonprofit Texas Housers says they essentially “nullified the CDC moratorium without going against the…
Following Recent Acquisitions, Private Equity Firm Apollo Ranks Among Largest US Employers
In the last year and a half, Apollo Global Management has almost doubled the total number of employees at companies it owns, growing from about 290,000 employees to over 550,000. In May 2020, Apollo was the lead investor in a…
Cheesecake Factory Workers Bring Message about Roark Capital to Investor
“We are asking for Cheesecake factory to invest in us – before you invest in them” The private equity firm Roark Capital was able to make a $257 million profit (from April 2020 to July 2021) from their partial ownership…
Brookfield Asset Management Raised $7 Billion for a Climate Transition Fund, but Just Paid $6.7 Billion for an Oil Sands Pipeline Company
Brookfield Asset Management is moving forward with a $6.7 billion takeover of an oil sands pipeline company at the same time it announced the first close of its fund that will invest in renewable power companies and businesses that…
PESP Testifies at House Subcommittee Hearing on the Evictions Crisis
Clyburn deeply troubled that many large corporate landlords have been aggressively attempting to remove thousands from their homes On July 27, the Private Equity Stakeholder Project (PESP) testified at a Hearing of the House Select Subcommittee on the Coronavirus…
Toronto Star: Pretium Partners is Under Investigation. Critics ask (again) Why a Major Canadian Pension Fund Formed an $870M Partnership with the Company
The Toronto Star probed into the $700-million (U.S.) joint venture between Pretium Partners and Canada’s Public Sector Pension Investment Board (PSP), which invests the retirement savings of most federal employees, to invest in rental homes in the United States.
Modern Healthcare Covers PESP Report on How Private Equity in Dental Care Raises Risk of Overtreatment
Modern Healthcare reported on the Private Equity Stakeholder Project’s latest research findings on private equity in the dental industry. Modern Healthcare, August 5, 2021: Report: Private equity in dental care raises risk of overtreatment The private equity investment model,…
Private Equity Health Care Acquisitions – July 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…
Report: Roark Capital’s Booming Wage Theft Risk
The Private Equity Stakeholder Project has published a report documenting rampant wage theft at fast food companies owned by Atlanta-based private equity firm Roark Capital Partners, such as Dunkin’ Donuts, Jimmy John’s, Sonic Drive-Ins, and others. Roark Capital specializes…
As Federal Eviction Moratorium Expires with Tens of Billions in Assistance Still Available, Corporate Landlords Must Halt Evictions, Work with Residents to Access Assistance
With the expiration on July 31 of the CDC eviction moratorium, private equity firms and other corporate landlords who have filed to evict at least 75,000 residents since the federal eviction moratorium took affect face a choice – work with…