Find more information on the issues deeply affected by private equity investments:
Investment firm Cedar Health Group has acquired the former Nix Behavioral Health Hospital in San Antonio, which has sat vacant for three years after being shut down by its parent company Prospect Medical Holdings.[1] Prospect is a safety…
In the first month of 2023, two major private equity-owned behavioral health chains have announced closures and layoffs. Private equity-backed Delphi Behavioral Health Group disclosed in January, in compliance with the Worker Adjustment and Retraining Notification (WARN) Act, that it…
In a January 2023 report, “Private Equity Descends on Rural Healthcare,” Private Equity Stakeholder Project released previously unreported data on private equity ownership of rural hospitals. Multiple news publications covered the report and…
The Carlyle Group’s profits were propped up by fossil fuel investments which generated over $660 million for the firm in 2022, and executives confirmed they are “optimistic” about Carlyle’s energy platforms. Investment income from its oil & gas subsidiary…
The healthcare industry is continuously evolving and changing, especially in rural areas where healthcare services are often limited. Private equity has emerged as a major player in the healthcare industry, and its presence in rural areas has become…
Private financing fuels LNG’s uncertain future Part 2: Private equity commits to the LNG industry at the expense of long-term energy transition Private Equity Fuels Proposed Gulf Coast LNG Terminals The U.S. Liquefied Natural Gas (LNG) export industry has…
In December 2022, Congress approved the The Martha Wright-Reed Just and Reasonable Communications Act after a decades-long fight to make prison communications more affordable.[1] It has since been signed into law.[2] Named for a woman…
Articles published by the Financial Times and Business Insider reported how “investment giant Blackstone has increased its eviction filings in the South and the West,” filing hundreds of eviction cases against its tenants in Georgia and Florida. Financial Times, January…
Tenants from African Communities Together protested and spoke to the University of California Regents about their investment in the CIM Group: WATCH VIDEO OF THE ACTION. On the morning of January 17th, chants of “C-I-M, SHAME ON…
In 2020, the private equity firm CIM Group purchased Southern Towers, a five-building apartment complex of over 2,000 units in Northern Virginia. For decades, Southern Towers has been home to thousands of hardworking blue-collar families, many of whom are African…
PESP sent an alert in December detailing how Sycamore Partners’ strategy has hurt workers and generated poor returns for investors. Since November, Sycamore Partners has ignored multiple messages requesting a meeting to discuss how it can improve…
Fossil Fuel Holdings for Ten of the Largest Private Equity Managers The energy holdings for some of the world’s largest private equity managers are listed above: Ares Management, Apollo Global Management, The Blackstone Group, Brookfield Asset Management/Oaktree Capital, The…
