Explore the issues
Find more information on the issues deeply affected by private equity investments:
Déjà Vu All Over Again? – BC Partners’ New Fund Falls Short in Fundraising
UK-based private equity firm BC Partners struggled to raise its last buyout fund, BC European Capital X, in 2017. History may be repeating itself with BC Partners’ newest buyout fund, BC Partners XI. BC Partners began talking with investors…
PESP and AFR Report, July 2021: OpenGate Capital: Vulture Capitalism in Action
OpenGate Capital is a Los Angeles-based private equity firm with $1.1 billion in assets. In a span of less than four years, OpenGate Capital ran at least five companies out of business, putting more than 1,300 U.S. workers out of…
Private Equity Health Care Acquisitions – June 2021
In light of the growing investor interest in health care and the risks associated with private equity ownership of health care companies, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is a list…
NBC Puts Spotlight on Private Equity and Climate Change, Environmental Justice
NBC conducted an investigation on how private equity firms have poured money into fossil fuel investments, such as refineries, pipelines and coal and gas-fired power plants, with serious consequences for communities and climate change. NBC, July 5, 2021: Some…
Corporate Landlords Ramp Up Eviction Actions Even as Renters Struggle to Access Tens of Billions of Dollars in Rental Assistance; Lawmakers Respond
Private equity firms and other large landlords are stepping up eviction actions ahead of the July 31 expiration of the CDC eviction moratorium even as renters struggle to access the billions of dollars in federal rental assistance that is still…
Waters Calls on Corporate Landlords to Halt Harmful Eviction Practices and Help Stabilize Renters
In December 2020, Chairwoman Waters secured $25 billion in emergency rental assistance in bipartisan COVID-19 relief legislation. In March 2021, key provisions from the Committee on Financial Services were included in the American Rescue Plan, including $21.6 billion…
Refresco Workers Win Their Union — Vote by an Even Wider Margin to Join UE
The private equity firm KKR recently acquired a majority stake in Refresco, the world’s largest independent bottling company. Refresco produces beverages such as BodyArmor Sports Drink for Coca-Cola, Gatorade for Pepsi, Arizona Iced Tea, and Tropicana juices.
Garment Workers Win Concessions from Apollo Management’s Tegra amid Layoffs
Garment workers in Nicaragua and Honduras went on strike to fight back against layoffs due to factory closures. These factories are owned by Tegra, which is owned by the private equity firm Apollo Global Management. Sourcing Journal, June 7, 2021:…
NPR Continues Its Scrutiny of Pretium Partners’ Disproportionate Evictions of Black Renters
NPR correspondent Chris Arnold has been reporting on the financial struggle millions of Americans are facing amidst the ongoing coronavirus pandemic. In his third piece on how Black renters face eviction at much higher rates, Arnold again reported on…
Business Insider on Wall Street Firms Snapping Up Every Single Home They Can Find
Business Insider recently reported how Wall Street firms have been buying up thousands of homes — to rent them out to the same population they’re outbidding. Business Insider, June 16, 2021: Wall Street firms like BlackRock are snapping up…
