Find more information on the issues deeply affected by private equity investments:
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…
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…
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…
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 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…
Throughout 2021, Pretium Partners was the object of much scrutiny for its treatment of tenants in the properties it owned. For instance, in response to coverage by NPR and Bloomberg in June, Senate Banking Committee Chair Sherrod…
Right before the Thanksgiving holiday, Bojangles restaurant workers in Burnsville, NC, participated in their second action against private equity-owned Bojangles. They began a week-long strike on November 23 against their employer’s mishandling of COVID cases and also for…
Private equity firms and other corporate landlords filed to evict at least 44,762 residents in counties throughout Georgia, Florida, Texas, Arizona, Tennessee, and Nevada since the federal eviction moratorium was lifted. Corporate landlords have filed to evict at least…
In the past two months, Warburg Pincus acquired two new oil and gas assets despite the private equity firm’s announcement that they are pivoting away from hydrocarbon investments and that their next flagship fund will be free of fossil…
Using data and analysis from Private Equity Stakeholder Project research, a recent Financial Times editorial argued “Brown assets ought not to be private capital’s dirty secret: some transparency can be brought to bear, particularly on the larger private…
Reporting on how Zillow has agreed to sell 2,000 of its homes to Pretium Partners, “the second-largest single-family landlord in the country, a controversial and growing powerhouse that has faced allegations it evicted tenants during the national eviction moratorium…
