Find more information on the issues deeply affected by private equity investments:
Kolhberg Kravis Roberts’ (KKR’s) energy portfolio has exposed investors to the risks of fossil fuels, with energy funds posting negative returns, portfolio companies filing for bankruptcy and valuations sinking under COVID-19’s impacts on oil demand and pricing. At the same…
The Private Equity Stakeholder Project (PESP) published a report today detailing how Progress Residential and Front Yard Residential, owned by private equity firm Pretium Partners, have filed to evict more than 1,300 residents during the COVID-19 pandemic, with the companies…
Bloomberg reported that corporate landlords controlled by Pretium Partners LLC have sought evictions for unpaid rent against 1,300 residents in seven states, seeking to evict thousands of cash-strapped tenants despite a federal moratorium. Bloomberg, Apr 14, 2021: Private…
The Washington Post reports on Treasury Department officials being given nearly $50 billion in emergency aid for renters who have fallen behind, and are racing to distribute it through hundreds of state, local and tribal housing agencies, some of which…
Politico reports on private equity firms spending nearly $154 billion on oil, gas and coal since 2010. These firms aren’t required to disclose to regulators their holdings or risks, and any information such funds release to their investors is subjective…
Roark Capital’s Inspire Brands division owns some of the largest fast-food chains: Dunkin’ Donuts, Arby’s, Jimmy John’s, Hardees, Buffalo Wild Wings, and Sonic. According to a recent Newsweek article, Sonic parent Inspire Brands, owned by Roark Capital, recently sent…
Earlier this week, Bloomberg reported that private equity firm Apollo Global Management is leading a group of investors trying to buy a roughly $10 billion stake in Saudi Aramco’s oil pipelines. The deal would reportedly be one of Apollo’s largest…
Business Insider reveals that the driving force of the evictions crisis is how corporate landlords are becoming an increasingly dominant player in the U.S. rental market, and they are more likely to throw their tenants out onto the street.
Bloomberg reported on our latest research Private Equity Has Already Reaped Hundreds of Millions of Dollars of Debt-Funded Dividends from Health Care Companies in 2021, which was also picked up by The Los Angeles Times and Crain’s…
Just three months into 2021, private equity firms have already collected hundreds of millions of dollars in debt-funded dividends from health care companies they own, including companies that collected CARES Act aid. Dividend recapitalizations are transactions by which…
CNBC shared the story of what happened when Victor Washington fell nearly four months behind on his rent last fall and winter. He had health issues that caused him to use up his paid sick days, and was forced…
In its latest story on the impact of private equity on workers, Bloomberg describes how previously family-run furniture chain Art Van was sold in 2017 to private equity firm T.H. Lee to take over the retail operations. The business…
