Find more information on the issues deeply affected by private equity investments:
Modern Healthcare investigated private equity’s growing presence in the healthcare sector, uncovering several examples of private equity firms “eliminating less profitable service lines after buying providers.” Modern Healthcare, November 16, 2021: Studies show less staffing, more surprise bills after…
The Wet’suwet’en First Nation’s resistance against the KKR backed Coastal GasLink Pipeline (CGL) in Canada, has been escalating at the construction site and through outreach to financial firms invested in the project. At least 29 people had been…
UK-based private equity firm BC Partners struggled to raise its last buyout fund, BC European Capital X, in 2017. Now, BC Partners is behind in fundraising for its newest buyout fund, BC Partners XI and has asked investors for more…
In January, Congress appropriated over $46 billion in direct financial assistance to support renters. Nevertheless, corporate landlords continued with eviction filings, filing more than 79,000 eviction actions since the start of the year. $30 billion of the funds appropriated were…
Selin Bucak reported on The Private Equity Stakeholder Project’s analysis of the portfolios of 10 private equity firms over the past decade (Private Equity Propels the Climate Crisis: The risks of a shadowy industry’s massive exposure to oil, gas…
Bloomberg reporter Sabrina Willmer assessed the difficulty of measuring the impact of private equity’s investments that the industry claims are helping the environment and society. She reported how detractors of private equity “question whether an industry known for buying companies…
Workers from the Refresco bottling plant in Wharton, NJ, have testified to four public pension boards about the funds’ investments in a union-busting company owned by private equity firm PAI Partners. In June of this year, a majority of the…
In a recent investigation NBC News spotlighted Roark Capital, owner of Inspire Brands — the parent company of fast-food chains such as Arby’s, Dunkin’, Baskin-Robbins, Sonic, Cinnabon and Seattle’s Best Coffee. NBC News estimated that more than 700,000 people work…
NBC examined how workers earning already low wages experienced “reduced circumstances” after their company is taken over by a private-equity firm. NBC, October 9, 2021: Working for companies owned by well-heeled private-equity firms can mean lower wages for employees…
Three years after Massachusetts Attorney General Maura Healey filed a civil fraud case alleging that HIG disregarded an employee’s complaint that behavioral healthcare provider Community Intervention Services (CIS) was using unsupervised, unlicensed therapists to care for patients, private equity firm…
Peggy Malone, RN, has been a nurse for 32 years, all of them at the Crozer-Chester Medical Center in Upland PA. She testified at the October 20, 2021, U.S. Senate Committee on Banking, Housing and Urban Affairs hearing “Protecting…
