Find more information on the issues deeply affected by private equity investments:
Newly released investigation finds all eleven of the largest firms received grades of “C” or lower, with seven earning failing grades. On November 13, 2023, the Private Equity Stakeholder Project released a first-of-its-kind Private Equity…
In CT and PA, the future remains uncertain for Prospect’s financially distressed hospitals and the communities they serve. Prospect Medical Holdings, a safety net hospital system with 16 hospitals across California, Connecticut, Pennsylvania, and Rhode Island,[1] is facing…
Each month, PESP’s Healthcare Team will be putting together a roundup of the latest news stories related to private equity in healthcare and highlights the work that our team has published in the last month. In the news…
In 2020, private equity firm the CIM Group purchased the Southern Towers apartment complex in Alexandria, Virginia. CIM receives funding from several pension funds including the Pennsylvania Public School’s Employees’…
Carlyle-owned power plants declare bankruptcy, increased risk in gas fired energy generation Major private equity firm The Carlyle Group is facing increased risks from its large portfolio of gas-fired power plants. Carlyle’s Lincoln Power, based out of Illinois, filed for…
This is an ideal time for all investors to ask Carlyle to be fully transparent about its emissions and energy transition plans across its entire investment portfolio, not…
Workers at private equity firm The Blackstone Group‘s Fairfield and Aloft LAX/El Segundo and Sheraton Phoenix hotels walked off the job last Wednesday. The strike comes after a negotiation meeting last week in which a group of hotel…
Roark Capital is one of the largest private equity employers with an estimated 1.4 million employees, the majority of which work in food service. Roark’s acquisition of Subway greatly expands the firm’s global presence as a fast food…
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 is tracking private equity-backed healthcare acquisitions. Below is a list of private equity healthcare…
Medical staffing firm Envision Healthcare is close to exiting bankruptcy after the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, signed off on the company’s plans of reorganization on October 11.[1] The reorganization splits Envision…
As previously mentioned on the Private Equity Stakeholder Project blog, technology can be utilized by private equity firms, landlords, and other corporate actors to drive up profit at the expense of tenants. One…
Private equity firm American Securities owns ViaPath Technologies, formerly Global Tel Link, one of the nation’s largest prison telecom corporations. Early this year, Bloomberg reported that SPAC Tristar Acquisition I…
