Find more information on the issues deeply affected by private equity investments:
While institutional investors increasingly eschew fossil fuels, private equity faces a reckoning The Private Equity Stakeholder Project released a report today that analyzes the energy fund returns for private equity over the past decade. This report finds that private…
Last week, the Wall Street Journal reported that private equity firm EIG Global Energy Partners is leading a group of investors acquiring $12.4 billion stake in Saudi Aramco’s oil pipelines.[i] EIG’s recent investments in fossil fuels have performed…
Citing testimony given at a March 25 House Ways and Means Subcommittee on Oversight on private equity’s expanded role in the U.S. health-care system, Pensions & Investments reports that academic studies are starting to show that certain investments in the…
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…
With the Consumer Financial Protection Bureau and the Federal Trade Commission announcing an investigation into the eviction practices of “major multistate landlords, eviction management services, and private equity firms” that are forcing people out of their homes despite government…
An independent analysis of financial disclosures by the embattled safety net hospital chain Prospect Medical Holdings reveals that the chain is in a precarious financial position. Prospect Medical Holdings has been majority-owned by private equity firm Leonard Green &…
The Wall Street Journal reports on the Consumer Financial Protection Bureau and the Federal Trade Commission beginning to investigate companies that may have broken a federal eviction moratorium during the health crisis. The agencies said they would focus on private-equity…
The Hill reports on the calls for the federal government to step up enforcement of the CDC eviction moratorium as private equity firms and other corporate landlords have filed to evict residents despite the ban. The Hill, Apr 15,…
Addressing calls to step up enforcement of the Centers for Disease Control and Prevention’s national ban on evictions, the Consumer Financial Protection Bureau announced an interim rule on Monday that will allow tenants to sue debt collectors that violate…
NPR followed the plight of a single mom who owed less than $1,200 when she got evicted, yet ending up losing a home she owned outright and had lived in for 16 years. NPR, Apr 16, 2021: Losing It…
On March 25, the House Ways and Means Subcommittee on Oversight hosted a hearing examining Private Equity’s expanded role in U.S. health care. Subcommittee Chair Rep. Bill Pascrell opened up the hearing declaring, “It’s past time for a bright…
Private equity firm BC Partners has siphoned off billions of dollars from PetSmart, while leaving its workforce underpaid, overworked, and exposed to COVID-19. In 2015, BC Partners acquired PetSmart, the largest pet store chain in North America with over 1,600…
