Find more information on the issues deeply affected by private equity investments:
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…
Private equity firm H.I.G. Capital’s mental health company Community Intervention Services (CIS) filed for bankruptcy earlier this month amid ongoing litigation alleging fraud by H.I.G. related to its ownership of the company. H.I.G. established Community Intervention Services in…
On Wednesday, January 6, 2021, Blackstone Group Chairman and CEO Stephen Schwarzman condemned the mob that stormed the US Capitol to disrupt the certification of election results, though he stopped short of condemning President Donald Trump’s role in inciting the…
The private equity-owned retailer’s market share has shrunk and staffing cuts mean employees are stretched Private equity-owned pet supply retailer Petco is seeking to raise $744 million this week through an initial public offering (IPO).[1] In recent months,…
In light of the growing private equity acquisitions of health care companies and the risks associated with private equity ownership of health care providers, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is…
According to financial industry publication Buyouts, private equity firm Leonard Green & Partners is reportedly trying to move assets from its Green Equity Investors V (GEI V) Fund, which began investing in 2007, into a continuation…
While the recent surge in COVID-19 cases around the US has overwhelmed hospitals and led governments to reimpose restrictions, many private equity firms and other corporate landlords that own apartment buildings, rental homes, and mobile home parks do not seem…
The largest private sector employers in the world, Walmart and Amazon, are well known names. Now, two lesser-known private equity firms, BC Partners and Warburg Pincus, the latter where former US Treasury Secretary Timothy Geithner now serves as president,…
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…
Private equity firm BC Partners has drawn a lot of media attention recently. In October, BC Partners faced a rebuke from lenders and was unable to refinance retailer PetSmart, pulling the plug on its $4.6 billion bond and…
Private equity firm BC Partners is already among the larger private equity firms by total number of portfolio company employees, with nearly 250,000 employees at companies it owns globally. With portfolio company GardaWorld’s proposed acquisition of competitor G4S (530,000…
On September 1, the US Centers for Disease Control and Prevention (CDC) announced a moratorium on residential evictions through the end of the year to help limit the spread of COVID-19, noting: “In the…
