Find more information on the issues deeply affected by private equity investments:
A new report by the New York Times last week revealed that medical staffing firms owned by private equity managers KKR and Blackstone have poured millions into opposing legislation that would ban surprise medical billing.[i] Through a shadowy…
Full report available here. Over the past decade, more than 1.3 million people have lost their jobs due to trouble or bankruptcies at retail companies owned by private equity and hedge funds, according to a new study released…
When Toys ‘R’ Us shut down earlier this year, 33,000 workers lost their jobs. Now, two of the company’s former owners and creditors, KKR and Bain Capital, have contributed $20 million to a fund to support laid off Toys…
In October, the New York Times highlighted the efforts of fired Toys “R” Us workers to win a hardship fund from the financial firms that took Toys “R” Us into bankruptcy and liquidation as part of a broader story on…
Last Monday, dozens of Toys “R” Us employees from around the country visited KKR, Bain Capital, and Vornado’s offices in New York City. Private equity firms KKR and Bain Capital and real estate firm Vornado took $464…
Retail chain Toys “R” Us recently began liquidation, closing 800 stores and laying off 33,000 employees.[i] Toys “R” Us collapsed under more than $5 billion in debt piled on by private equity firms KKR and Bain Capital and…
Private equity firms KKR and Bain Capital, and real estate firm Vornado Realty Trust last year took retailer Toys “R” Us into bankruptcy. The retailer recently announced it is liquidating, closing all of its stores and laying off its…
From report “Private equity’s failing grade: Private equity investment in for-profit colleges” (Written jointly by Private Equity Stakeholder Project and Americans for Financial Reform) Multiple for-profit colleges owned by private equity firms have reached settlements with state and…
(Written jointly by Private Equity Stakeholder Project and Americans for Financial Reform) For more than a decade, private equity firms have helped drive growth in the for-profit college industry in the United States, acquiring and helping to grow chains…
