Find more information on the issues deeply affected by private equity investments:
The Private Equity Stakeholder Project (PESP) published a report today detailing how Progress Residential and Front Yard Residential, owned by private equity firm Pretium Partners, have filed to evict more than 1,300 residents during the COVID-19 pandemic, with the companies…
The Washington Post reports on Treasury Department officials being given nearly $50 billion in emergency aid for renters who have fallen behind, and are racing to distribute it through hundreds of state, local and tribal housing agencies, some of which…
Politico reports on private equity firms spending nearly $154 billion on oil, gas and coal since 2010. These firms aren’t required to disclose to regulators their holdings or risks, and any information such funds release to their investors is subjective…
Roark Capital’s Inspire Brands division owns some of the largest fast-food chains: Dunkin’ Donuts, Arby’s, Jimmy John’s, Hardees, Buffalo Wild Wings, and Sonic. According to a recent Newsweek article, Sonic parent Inspire Brands, owned by Roark Capital, recently sent…
Earlier this week, Bloomberg reported that private equity firm Apollo Global Management is leading a group of investors trying to buy a roughly $10 billion stake in Saudi Aramco’s oil pipelines. The deal would reportedly be one of Apollo’s largest…
Business Insider reveals that the driving force of the evictions crisis is how corporate landlords are becoming an increasingly dominant player in the U.S. rental market, and they are more likely to throw their tenants out onto the street.
Bloomberg reported on our latest research Private Equity Has Already Reaped Hundreds of Millions of Dollars of Debt-Funded Dividends from Health Care Companies in 2021, which was also picked up by The Los Angeles Times and Crain’s…
CNBC shared the story of what happened when Victor Washington fell nearly four months behind on his rent last fall and winter. He had health issues that caused him to use up his paid sick days, and was forced…
Just three months into 2021, private equity firms have already collected hundreds of millions of dollars in debt-funded dividends from health care companies they own, including companies that collected CARES Act aid. Dividend recapitalizations are transactions by which…
In its latest story on the impact of private equity on workers, Bloomberg describes how previously family-run furniture chain Art Van was sold in 2017 to private equity firm T.H. Lee to take over the retail operations. The business…
Two dozen climate justice organizations are calling upon private equity firms to develop a plan with clear benchmarks to shift to pollution-free energy portfolios; plan for a just transition for workers and communities impacted by current fossil fuel holdings; and…
“In a deal like this, the ones who really bear the risk for that debt are the 800,000 workers around the world.” — Private Equity Stakeholder Project Executive Director Jim Baker. Earlier this week the American Prospect reported on…
