Explore the issues
Find more information on the issues deeply affected by private equity investments:
PPP Loans Flow to Energy Companies Backed by Deep-Pocketed Private Equity
Congress designed the Paycheck Protection Program (PPP) to help small businesses remain afloat and ensure they continued to pay their employees, rent, mortgage interest and utilities, during the coronavirus pandemic. The program came under fire early on when some…
Single Family Rental Giant Invitation Homes Restarts Eviction Filings
One of the largest single-family rental landlords in the United States, Invitation Homes (NYSE: INVH), has restarted efforts to evict residents of its homes across the country, filing more than seventy eviction cases since July and more than two dozen…
Rhode Island Treasurer letter to Leonard Green & Partners regarding safety net hospital company Prospect Medical Holdings
Private equity firm Leonard Green & Partners owns safety net hospital chain Prospect Medical Holdings. In response to the increasing scrutiny of Leonard Green’s actions at the hospital company, including of Leonard Green and other owners…
Starwood Capital Affiliates Continue Eviction Filings, Even After Presidential Executive Order on Evictions
Private equity real estate firm Starwood Capital is one of the largest residential landlords in the country, with more than 75,000 apartment units and single-family rental homes around the US. On August 8, President Donald Trump issued an Executive…
Retail Workers Oppose Sycamore Partners’ Bid for J.C. Penney, Ask Bankruptcy Court to Prioritize Jobs
Department store chain J.C. Penney filed for bankruptcy in May with 846 stores and 85,000 employees at the time of the filing. Earlier this week, current and former employees of multiple private equity-owned retailers sent a letter to…
Huge Private-Equity-Owned Aspen Dental Secured Millions in PPP Loans Meant for Small Businesses
Data released by the US Small Business Administration on its Paycheck Protection Program (PPP) reveals that large private equity-owned dental services company Aspen Dental Management received PPP loans. The PPP program was created to provide relief to small businesses…
Huge Private-Equity-Owned Aspen Dental Secured Millions in PPP Loans Meant for Small Businesses
Data released by the US Small Business Administration on its Paycheck Protection Program (PPP) reveals that large private equity-owned dental services company Aspen Dental Management received PPP loans. The PPP program was created to provide relief to small businesses…
After Paying $658 Million in Dividends and Fees to Investors, Prospect Medical Holdings Received $283 Million in Federal COVID-19 Aid
Private equity firm Leonard Green & Partners and other owners have collected $658 million in fees and dividends from safety net hospital chain Prospect Medical Holdings in the last several years. Prospect owns 17 hospitals in 5 states: California, Connecticut,…
Broken Promises: Regulators Question Leonard Green’s Investment in Prospect Medical Holdings
Leonard Green & Partners owns Prospect Medical Holdings, a safety net hospital chain that operates seventeen hospitals in five states. Over the course of their ownership, Leonard Green and other owners have collected at least $658 million in fees and…
