Find more information on the issues deeply affected by private equity investments:
Four private equity-owned mobile home companies were the subject of a recent investigative report by the Denver Post. Denver Post, September 23, 2021: Four corporate owners generate a quarter of complaints from Colorado’s mobile home residents They include RHP…
At a time when Maine and the country are taking actions to reduce fossil fuels in the face of climate change, with a gubernatorial climate action plan aiming to reach 80 percent renewable energy statewide by 2030, the Bangor…
From our testimony for the Senate Banking Committee hearing on “How Private Equity Landlords are Changing the Housing Market”: WHY ARE MASSIVE INVESTORS BUYING INTO MANUFACTURED HOMES NOW? Over the past 20 years, manufactured home communities increasingly have gone…
The Stop Wall Street Looting Act and other reforms are critical to address the growing impacts that private equity firms have on workers, tenants, healthcare consumers, communities and climate change. In recent years, the private equity industry has grown dramatically. …
The Private Equity Stakeholder Project (PESP) has submitted testimony for the U.S. Senate Banking Committee Economic Policy Subcommittee October 20 hearing: “Protecting Companies and Communities from Private Equity Abuse.” PESP’s written testimony for the US Senate Banking…
Bloomberg investigated how PetSmart employees have been reporting unsafe conditions throughout the pandemic, including shortages of personal protective equipment and their lack of paid sick leave. Bloomberg, September 30, 2021: PetSmart Investors Prodded by Labor Group Over Worker Safety…
Private equity firm H.I.G. Capital has agreed to pay $20 million to settle allegations of Medicaid fraud brought by the US Department of Justice (DOJ) and the Massachusetts Attorney General. Attorney General Maura Healy said it was the largest…
In its latest report on how private equity is contributing to the global climate crisis, the Private Equity Stakeholder Project examines the energy holdings for ten of the world’s largest alternative asset managers that manage a total of $3…
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…
In January 2021, private equity firms Pretium Partners and Ares Management acquired Front Yard Residential/ Havenbrook Homes for an estimated $2.5 billion making this deal the Single-Family Rental industry’s first public-to-private transaction.[1] Pretium Partners now owns an estimated 66,000…
The Pennsylvania Public Schools Employees Retirement System, a $70 billion pension fund that oversees pensions for more than 500,000 working and retired teachers and other school workers, voted almost unanimously against a recommendation of investing another $25 million into one…
