Find more information on the issues deeply affected by private equity investments:
In August of this year, Roark Capital announced plans to acquire the U.S. sandwich chain Subway for nearly $10 billion. Roark Capital’s acquisition of Subway greatly expands the firm’s global presence as a fast food franchisor – Subway has…
On December 5, Representative Adam Smith (D-Wash.) and Senator Jeff Merkley (D-Ore.) teamed up to introduce the End Hedge Fund Control of American Homes Act of 2023. This legislation was introduced to address the growing problem of housing consolidation by Wall…
Senate Budget Committee chair, Sheldon Whitehouse (D-RI), and co-chair, Chuck Grassley (R-IA) have announced that they are launching a bipartisan investigation into the impacts of private equity ownership of hospitals. Alongside the announcement of the investigation, the Senators sent…
The Carlyle Group’s two-year fundraising journey for its flagship buyout fund, Carlyle Partners VIII, closed in August raising an abysmal 54 percent of its $27 billion goal and overall 20 percent less than what the firm raised for…
Over the last 15 years, CIM has been the center of headlines in the New York Times, Washington Post, Los Angeles Times, and Wall Street Journal, among other media outlets. The news stories have covered a range of issues: CIM’s…
The report highlights housing policies that would curb abuses by corporate landlords and existing housing laws. Today, the Private Equity Stakeholder Project (PESP) released the latest installment of its Tools for Tackling Corporate Landlords policy report series, which focuses…
Tenant advocates and government officials are expressing mounting concerns over the acceleration of corporate investment in housing. Housing financialization first gained momentum following the 2007-2008 mortgage crisis when Wall Street firms acquired foreclosed homes en masse. In recent years, the…
On December 5, Private Equity Climate Risks released a new report, “Brookfield’s Climate Paradox: Climate Pledges vs. Fossil Fuel Reality.”. The report exposed Brookfield’s fossil fuel investments and emissions and found that the firm’s current investments in fossil…
In the Truthout piece, “Private Equity Is Using Prison Phone, Food and Health Systems to Rack Up Profits,” reporter Derek Seidman examines the major foothold private equity has in the United States prison system. Truthout November 24,…
In The Atlantic piece, “The Secretive Industry Devouring the U.S. Economy,” author Rogé Karma examines how private equity has taken one-fifth of formally publicly-traded companies off the market and effectively hidden them from investors, the media, and regulators.
Tenants call on CalPERS to halt investments in Blackstone due to role in fueling housing crisis Tenants of Blackstone-owned properties spoke at a November 13 meeting of the California Public Employees Retirement System…
In The Atlantic piece, “What Financial Engineering Does to Hospitals,” financial experts Joe Nocera and Bethany McLean dig into the role private equity plays in the healthcare system, specifically, the industry’s targeting of hospitals and the negative impacts…
