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Announcing PESP’s first-ever impact report

August 14, 2025

We’re proud to share with you the first-ever Private Equity Stakeholder Project Impact Report.

Private equity and other private funds have grown into a $22 trillion industry that now employs tens of millions of workers and buys up large and growing parts of the housing market, healthcare, retail, food service, and energy industries. With little transparency or accountability, they have extreme influence on the wellbeing and livelihoods of billions of people.

That is why we at the Private Equity Stakeholder Project must sustain – and expand – our work.We are the only watchdog group exclusively focused on the impacts of private equity firms and other private asset managers on people and the planet.

In our impact report, you’ll learn more about:

  • Key victories such as action taken the by NYC Comptroller to exclude PE-funded fossil fuel infrastructure from public pension investments;
  • 191 media mentions of PESP’s work, demonstrating the value of our expertise;
  • Our engagement with pension funds managing $2.4 trillion in assets on behalf of 8.7 million beneficiaries;
  • And the 27 original reports we produced, which were viewed over 50,000 times!

Inside, you’ll also find the stories of people directly impacted by private equity’s insatiable greed. People like Bekah Hinojosa, who is fighting to protect her community in the Rio Grande Valley of Texas from a dangerous private equity-owned fossil fuel project.

Even before the second Trump administration took office, private equity was projected to grow dramatically in the coming years. In today’s political environment, we know oversight of private equity will erode even further. Already, the Trump administration has immobilized agencies charged with protecting workers, taken away protections for patients of healthcare facilities, rolled back climate regulations, and encouraged fossil fuel production over renewable energy. This is just the tip of the iceberg.

At a time when we cannot count on our government to protect people and our planet, or for private equity to act in our interests, PESP seeks to deepen and expand our essential work: shedding light on private equity players, where and what they are investing in, what’s at stake, and equipping state-level and community-based organizations across the country to protect the rights of millions affected by private equity.

We appreciate your support in this important work.

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