Find more information on the issues deeply affected by private equity investments:
KKR added to its expanding portfolio of fossil fuel assets with two deals in recent weeks, adding on a set of drilling assets and entering a new joint venture on gas pipelines even as the United Nations released a bleak…
60 Minutes reported how hedge funds and other financial firms – including private equity – now own nearly a third of the daily newspapers in the US. These new owners “are often committed not to headlines and deadlines, but to…
More Perfect Union’s latest video shows when private equity firms come in, workers can suffer. Cheesecake Factory workers spoke with More Perfect Union, describing their working conditions when their employer was owned by private equity firm Roark Capital. The…
The Philadelphia Inquirer in February reported on Prospect Medical Holdings’ agreement to sell financially troubled Crozer Health after making deep cuts to staffing. The Philadelphia Inquirer, February 10, 2022: Prospect Medical has preliminary deal to sell Crozer Health The…
In January the US Senate Committee on Banking, Housing, and Urban Affairs hosted a virtual briefing and listening session with renters from across the country to hear about their experiences living in rental properties owned by large corporate owners,…
Following a National Bureau of Economic Research study that found a 10 percent increased mortality rate of patients at private equity-owned nursing homes, U.S. Representative Pramila Jayapal earlier this month introduced the Healthcare Ownership Transparency Act, which will…
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…
Institute for Policy Studies associate fellow Sam Pizzigati asked if democracy in the United States could be disappearing and called the private equity industry a danger to American democracy. Counterpunch, February 22, 2022: From the Kingpins of Private Equity,…
Bloomberg looked at how private equity money pouring into single family home purchases is turning first-time homebuyers into renters. Bloomberg Businessweek, February 18, 2022: Wall Street Is Buying Starter Homes to Quietly Become America’s Landlord It…
The Carlyle Group announced on February 1st that the firm has set a net zero by 2050 goal while also setting “near-term climate goals” in order to carry out immediate action on reductions to emissions. The announcement lacks in…
After reporting extensively on private equity’s impact, David Dayen of the American Prospect concluded from PESP’s latest report on behavioral health services for vulnerable youth: “Private equity’s goal isn’t to provide a safe and comfortable environment for those in its…
