Find more information on the issues deeply affected by private equity investments:
The Guardian reported on the growth of pension fund investments in private equity over the past decade, making it more common that workers’ retirement savings go into funds that are buying up fossil fuel assets and squeezing them for profit…
Modern Healthcare investigated private equity’s growing presence in the healthcare sector, uncovering several examples of private equity firms “eliminating less profitable service lines after buying providers.” Modern Healthcare, November 16, 2021: Studies show less staffing, more surprise bills after…
Bloomberg reporter Sabrina Willmer assessed the difficulty of measuring the impact of private equity’s investments that the industry claims are helping the environment and society. She reported how detractors of private equity “question whether an industry known for buying companies…
NBC examined how workers earning already low wages experienced “reduced circumstances” after their company is taken over by a private-equity firm. NBC, October 9, 2021: Working for companies owned by well-heeled private-equity firms can mean lower wages for employees…
International Consortium of Investigative Journalists, October 5, 2021: As Catholic order fought sex abuse claims, secret trusts devoted to it poured millions into American rental properties The International Consortium of Investigative Journalists (ICIJ) and 150 media partners recently…
The New Yorker has reported on another industry in which private equity has been quietly investing. According to the outlet: In the past five years, private-equity firms have acquired dozens of disaster-restoration companies. In 2019, Blackstone, one of the world’s…
The New Republic reported that “actual private equity investments frequently don’t align with their climate-friendly public posturing.” The New Republic, October 14, 2021: Private Equity Is Quietly Keeping Fossil Fuel Companies in Business Covering the Private Equity Stakeholder Project’s…
The Toronto Star reported how the top executive of the Public Sector Pension Investment Board (PSP), which manages the retirement funds of most Canadian federal employees, defended a controversial $700 million investment with private equity firm Pretium Partners in single-family…
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…
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…
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…
