Another incredible year for PESP

We’re proud to share the Private Equity Stakeholder Project’s latest Impact Report.

Private equity and other private funds have grown substantially in recent years and now control over $24 trillion in assets – that’s more than the GDPs of all but the world’s wealthiest country, the U.S. Today, there is not a single area of life that is not directly impacted by private equity. Every day tens of millions of people are personally affected by private equity buyouts – from patients in hospitals and nursing homes, to renters and homebuyers, to customers and employees in restaurants, retail, and a wide range of other industries.

That is why PESP 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 California’s two new laws that strengthen oversight of private equity and other financial investors in the state’s healthcare system;
• 350 media mentions of PESP’s work, demonstrating the value of our expertise;
• Our engagement with pension funds managing $2.5 trillion in assets on behalf of 8.7 million beneficiaries;
• And the 28 original reports we produced, which were viewed over 150,000 times!

While private equity firms and their executives rake in billions in profits, everyday people’s lives are becoming more unaffordable, their healthcare harder to access, and their environment and health threatened by harms from ongoing fossil fuel emissions.

As the primary watchdog for the private equity industry, PESP is a critical counterweight to the influence of these firms. Through our expertise, we support community and worker-driven campaigns to protect homes from negligent and greedy private equity landlords and ensure worker protections at private-equity owned farms, hospitals, and retail outlets.