Find more information on the issues deeply affected by private equity investments:
NBC conducted an investigation on how private equity firms have poured money into fossil fuel investments, such as refineries, pipelines and coal and gas-fired power plants, with serious consequences for communities and climate change. NBC, July 5, 2021: Some…
Private equity firms and other large landlords are stepping up eviction actions ahead of the July 31 expiration of the CDC eviction moratorium even as renters struggle to access the billions of dollars in federal rental assistance that is still…
In December 2020, Chairwoman Waters secured $25 billion in emergency rental assistance in bipartisan COVID-19 relief legislation. In March 2021, key provisions from the Committee on Financial Services were included in the American Rescue Plan, including $21.6 billion…
The 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.
Garment workers in Nicaragua and Honduras went on strike to fight back against layoffs due to factory closures. These factories are owned by Tegra, which is owned by the private equity firm Apollo Global Management. Sourcing Journal, June 7, 2021:…
NPR correspondent Chris Arnold has been reporting on the financial struggle millions of Americans are facing amidst the ongoing coronavirus pandemic. In his third piece on how Black renters face eviction at much higher rates, Arnold again reported on…
Business Insider recently reported how Wall Street firms have been buying up thousands of homes — to rent them out to the same population they’re outbidding. Business Insider, June 16, 2021: Wall Street firms like BlackRock are snapping up…
Roark Capital is an Atlanta-based private equity firm that specializes in buying and running franchise businesses, especially within the food and restaurant industry. There have been a number of recent news stories about restaurants and fast-food chains struggling to…
The mobile home financing market is dominated by five lenders, including 21st Mortgage and Vanderbilt Mortgage — two units of Clayton Homes, a Berkshire Hathaway business. Forty-two percent of manufactured home owners who borrow to buy a mobile home typically…
Evictions are just one of the headline risks that have cropped up around growing private equity investments in single-family rental homes. Concerns about private equity buyers inflating home prices and elbowing out first-time homebuyers have featured prominently in newspapers ranging…
