Find more information on the issues deeply affected by private equity investments:
In recent years, private equity-owned physician staffing companies Envision Healthcare (KKR) and TeamHealth (Blackstone) have attracted public scrutiny for the profits they generated from surprise medical bills. Surprise medical bills arise when patients go to a seemingly in-network provider for…
Pretium Partners’ Don Mullen is attempting to win back the good graces of lawmakers. In an open letter released the same day the Biden administration launched new federal housing guidelines, the private equity CEO encouraged the White House and…
In the “first such proposal aimed at combating the growth of Wall Street-backed firms that have converted tens of thousands of homes to rentals across the country over the past decade,” Democratic lawmakers in some of…
On October 20, 2022 the Federal Trade Commission (FTC) announced that it was exploring a rule to crack down on junk fees proliferating throughout the economy. The FTC described “junk fees” as “unnecessary, unavoidable, or surprise charges that inflate costs…
In a January 2023 report, “Private Equity Descends on Rural Healthcare,” Private Equity Stakeholder Project released previously unreported data on private equity ownership of rural hospitals. PESP counted at least 130 rural hospitals that are currently owned by private…
The Private Equity Stakeholder Project will give testimony in support of proposed legislation in the Oregon House of Representatives, HB 2601, which is being heard in the Committee on Emergency Management, General Government,…
Private equity healthcare investments in 2022 were the second highest on record A new report released by the Private Equity Stakeholder Project provides an analysis of private equity (PE) deal activity in the US healthcare sector during 2022.
In coalition with more than 20 other organizations, the Private Equity Stakeholder Project (PESP) and the Interfaith Center on Corporate Responsibility (ICCR) sent an investor letter to private equity firm Blackstone Friday, February…
Investment firm Cedar Health Group has acquired the former Nix Behavioral Health Hospital in San Antonio, which has sat vacant for three years after being shut down by its parent company Prospect Medical Holdings.[1] Prospect is a safety…
In the first month of 2023, two major private equity-owned behavioral health chains have announced closures and layoffs. Private equity-backed Delphi Behavioral Health Group disclosed in January, in compliance with the Worker Adjustment and Retraining Notification (WARN) Act, that it…
The Carlyle Group’s profits were propped up by fossil fuel investments which generated over $660 million for the firm in 2022, and executives confirmed they are “optimistic” about Carlyle’s energy platforms. Investment income from its oil & gas subsidiary…
Private financing fuels LNG’s uncertain future Part 2: Private equity commits to the LNG industry at the expense of long-term energy transition Private Equity Fuels Proposed Gulf Coast LNG Terminals The U.S. Liquefied Natural Gas (LNG) export industry has…
