Explore the issues
Find more information on the issues deeply affected by private equity investments:
The New York Times: Mobile Home Owners Fear Evictions as Pandemic Protections End
The mobile home financing market is dominated by five lenders, including 21st Mortgage and Vanderbilt Mortgage — two units of Clayton Homes, a Berkshire Hathaway business. Forty-two percent of manufactured home owners who borrow to buy a mobile home typically…
PERE News on Growing Scrutiny of Evictions by Ares Management’s and Pretium Partners’ Front Yard Residential, Private Equity Investments in Rental Homes
Evictions are just one of the headline risks that have cropped up around growing private equity investments in single-family rental homes. Concerns about private equity buyers inflating home prices and elbowing out first-time homebuyers have featured prominently in newspapers ranging…
Ares Management’s Head in the Sand Response to its Company’s Evictions of Black Renters
Private equity, real estate, and debt firm Ares Management last year partnered with Pretium Partners to acquire home rental firm Front Yard Residential. Months ago, we shared our report and data with Ares management documenting Front Yard Residential’s…
Buyouts: LACERS Commits to Roark Fund Despite Board Member Concerns: “How and When Are They Planning to Make Change?”
Private equity firm Roark Capital owns a number of fast food chains like Dunkin Donuts, Jimmy John’s, Sonic, Arby’s, and Buffalo Wild Wings. Roark’s portfolio companies and their franchisees employ almost a million workers. A report last year from…
Senate Banking Chair Questions Why Pretium Partners Has Filed Eviction Actions Despite the CDC Moratorium and at Higher Rates in Majority-Black Counties
In response to coverage by NPR and Bloomberg, Senate Banking Committee Chair Sherrod Brown is requesting a briefing by private equity firms Pretium Partners to talk about compliance with the CDC eviction moratorium and the company filing…
H.I.G. Capital’s Companies Mired in Regulatory and Headline Risk
H.I.G. stands out from its peers for repeated problems with regulatory and reputational risk across multiple companies, including federal lawsuits for health care fraud and notoriously poor quality at its prison services companies. H.I.G. companies with compliance issues include: Community…
KKR Recommits to Fracking and Partners with “Bottom Feeder” as Climate Crisis Accelerates
While the rest of the world races to address the climate crisis, KKR is redoubling on fracking by merging its Independence Energy with Contango Oil & Gas Co to create a consolidation-focused oil and gas company with an enterprise value…
Roark Capital-owned Dunkin’ Runs on Poverty Wages and Wage Theft
In December 2020, the Roark Capital-owned company Inspire Brands acquired Dunkin’ Brands for $11.3. billon. Dunkin’ Brands operates Dunkin’ Donuts and Baskin Robbins. Dunkin’ Donuts, the second largest coffee chain in the U.S. behind Starbucks, has a long record of…
Is Roark Capital Building a Franchise Bubble?
The Private Equity Stakeholder Project published a report on Atlanta-based Roark Capital Partners IV, which specializes in buying and running franchise businesses, especially within the food and restaurant industry. The performance of Roark, which closed at $2.5 billion in…
PESP to SEC on Climate Risk Disclosures: Private Equity Must Report Risks and Impacts
PESP to SEC on Climate Risk Disclosures: Private Equity Must Report Risks and Impacts In light of the accelerating climate crisis, the damage from corporate actors is coming under increasing scrutiny. The Securities and Exchange Commission (SEC) opened an opportunity…
US Government Joins Fraud Case Against PE-Owned Hospice Giant Curo Health Services
On June 1, the United States government intervened in a health care fraud suit against Curo Health Services, one of the largest hospice companies in the US. Currently owned by a consortium of Humana, TPG Capital and Welsh, Carson,…
