Find more information on the issues deeply affected by private equity investments:
A new academic study has found that private equity ownership of nursing homes has disquieting impacts on operations and patient care, including increasing the mortality of Medicare patients by 10%. Drawing from data reported by the Centers for Medicare…
Helping to peel off some of the layers of mystery surrounding the practices of private equity firms, Matthew Goldstein of The New York Times examined dividend recaps, “a kind of borrowing long condemned for loading up companies with debt…
Announcing a new report by the Private Equity Stakeholder Project, Bloomberg reports how private equity’s increasing reach in the taxpayer-funded healthcare sector has exposed them to false-claims actions “where corporate whistle-blowers bring allegations of civil fraud to the attention of…
Despite calls from public officials and unions, companies have failed to address how they will support employees and manage risks Yesterday, security company GardaWorld bowed out of the bidding for giant rival G4S, setting the stage for Allied Universal, owned…
The health care industry has increasingly been a target for private equity investment. This is despite the fact that private equity investment in health care companies carries substantial risk to patients, workers, and investors. Firms typically take controlling ownership stakes,…
At its meeting last month, the New Mexico State Investment Council discussed the regulatory and headline risk associated with private equity firm Leonard Green & Partners’ actions at safety net hospital chain Prospect Medical Holdings. NM SIC is a…
In January, private equity firm Thomas H Lee Partners launched fundraising for its newest flagship buyout fund, Thomas H Lee Equity Fund IX, seeking to raise $4.25 billion. T.H. Lee has enlisted placement agent Rede Partners to aid…
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…
Apria Healthcare provides home respiratory therapy, home infusion therapy and home medical equipment. Private equity firm the Blackstone Group has owned Apria since it took the company private in October 2008.[i] In December, as the COVID-19 pandemic spiked in…
Private equity-backed companies comprised the majority of oil and gas producer bankruptcies in 2020. Of the companies that filed for bankruptcy last year, 57 percent are backed by private equity firms, or 26 of the 46 filings.[1] The high…
The nation’s largest corporate landlords received about $320 million in federal COVID-19 relief subsidies, but still filed thousands of evictions — even during the CDC moratorium. After months of research into eviction data and COVID-19 subsidies, Jobs With Justice…
