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The report analyzes the March 2023 collapse of Silicon Valley Bank (SVB), attributing it to poor risk management, interest rate hikes, and the 2018 rollback of Dodd-Frank regulations. It highlights that while private equity (PE) firms faced immediate disruptions to subscription line loans, they may ultimately benefit by expanding into the private credit market. The author argues that the federal guarantee of all deposits prevents systemic collapse but risks incentivizing future risky behavior, recommending a return to stricter banking thresholds and the restoration of the Glass-Steagall Act.

The document lists private equity firms and the specific companies they have acquired to profit from services provided to incarcerated populations, including communications, healthcare, and commissary services.

The report finds that The Carlyle Group invested in 91 energy companies owning 972 assets from 2011 to 2021, with 90 percent of both companies and assets being fossil fuel investments. These investments emitted an estimated 277 million metric tons of CO2e, with a compound annual growth rate of 95 percent. The analysis highlights a significant disparity between Carlyle's fossil fuel capacity (peaking at nearly 10,000 MW in 2021) and its renewable capacity (just over 1,300 MW). Furthermore, the report documents that 84 percent of Carlyle's current US downstream fossil fuel assets are located in areas with higher percentages of low-income residents and/or residents of color than state averages, and 47 percent of these plants have a record of environmental violations.

The report documents a pattern of exploitative practices by Progress Residential, including high eviction rates, neglect of home maintenance, and the imposition of exorbitant fees. It highlights the company's rapid expansion in the U.S. South and its role in the National Rental Home Council (NRHC), arguing that these corporate landlords prioritize profit over tenant well-being and contribute to the racial wealth gap by limiting homeownership opportunities.

The document analyzes the Rhode Island Department of Health's approval of an $85 million sale of 10 nursing homes to Tryko Partners and Kadima Healthcare. It highlights the use of 'standard conditions' regarding debt-to-equity ratios and the implementation of a five-year quality maintenance requirement to protect residents from the extractive business models of private equity. The author argues that while Rhode Island's quality measures are a positive step, the state's financing limits are too lenient, allowing debt levels that may divert funds from clinical care.

This fact sheet details the involvement of private equity firms in the incarceration industry, listing specific companies providing commissary, communications, healthcare, and construction services to millions of incarcerated people across the U.S. and internationally.

The report details how Blackstone, the largest landlord in the U.S., has aggressively expanded its housing portfolio by adding over 200,000 units in two years. It highlights a shift from a voluntary eviction moratorium to a wave of eviction filings in late 2022, often for minimal rent arrears. The document argues that Blackstone leverages legal loopholes in California to charge new tenants significantly higher rents than previous residents and has spent millions of dollars to defeat rent control measures. It also notes that a majority of Blackstone's properties are located in neighborhoods with high populations of people of color.

The letter details systemic labor abuses at Packers Sanitation Services, Inc. (PSSI), including the illegal employment of over 100 children in hazardous roles and a high rate of severe workplace injuries. It argues that Blackstone's financial management—extracting $430 million in dividends while increasing PSSI's debt by $530 million—contributes to these risks. The signatories demand a meeting to discuss risk management and the implementation of ten specific worker protections, including living wages and safe working conditions.

The report details the significant financial backing provided by private equity firms for both approved and proposed LNG export terminals in the United States. It argues that the rapid growth of this industry, driven by short-term price spikes, is incongruent with diminishing international demand and the EU's carbon reduction goals. The document highlights specific firms like KKR, I Squared Capital, and Fortress Investment, noting that such investments expose institutional investors to climate-related financial risks and cause environmental and social harm to frontline communities.

In 2022, private equity healthcare investments in the US remained high, with 125 buyouts and 503 add-on acquisitions. Outpatient care, medtech, and health IT were the most active categories. The report highlights risks associated with the private equity model, such as cost-cutting and high debt, which may negatively impact patient care and increase prices. It recommends expanding federal and state pre-merger reviews for all private equity-backed healthcare transactions.

The Private Equity Stakeholder Project (PESP) opposes the development of 'Cop City' in Atlanta, citing the killing of activist Manuel Esteban Paez Terán and the environmental hazards of the training facility. PESP highlights the financial links between the Atlanta Police Foundation and Inspire Brands, which is majority-owned by Roark Capital, and calls for divestment from the project.

The report details how private equity firms are acquiring and managing rural hospitals and other health services, such as air ambulances and behavioral health centers. It argues that the pursuit of high short-term returns often leads to cost-cutting, asset-stripping through sale-leaseback transactions, and reduced access to essential services. The document provides case studies of hospital closures and quality failures, and it calls for increased regulatory oversight, limits on dividend recapitalizations, and direct public investment to safeguard rural health systems.

The report identifies 1,135 private equity-backed healthcare deals in 2023, noting a decline from 2021 peaks due to high interest rates and labor shortages. While outpatient care, dental care, and medtech were the most active subsectors, the report warns that the private equity model of short-term profit and high debt leads to cost-cutting and bankruptcies, as seen with Envision Healthcare and GenesisCare. It recommends expanding federal and state pre-merger reviews to protect healthcare quality and access.

The document is a detailed registry of 2023 add-on acquisitions in the healthcare sector, listing target entities across various specialties—including dental care, behavioral health, medtech, and outpatient care—alongside the private equity firms and platform companies involved in these transactions.

The document provides a comprehensive chronological list of buyouts in the healthcare sector during 2023, detailing the target companies, their specific medical or health-related sub-sectors, and the acquiring investment firms.

The document provides a comprehensive chronological list of growth and expansion investments in the healthcare sector throughout 2023. It details the target companies, their specific sub-sectors (such as Health IT, Behavioral Health, and Medtech), and the investing firms involved.

In 2023, private equity dealmaking in US healthcare continued a two-year decline from its 2021 peak, driven by high interest rates and labor shortages. Despite this, the Private Equity Stakeholder Project (PESP) identified 1,135 unique deals, with add-on acquisitions comprising 64% of activity. Outpatient care, dental care, health IT, and medtech were the most active subsectors. The report highlights that high debt loads associated with private equity ownership led to several major bankruptcies in 2023, including Envision Healthcare and GenesisCare. PESP argues that the pursuit of short-term returns often results in cost-cutting that harms care quality and recommends expanding federal and state pre-merger review processes to include all private equity-backed healthcare transactions.

The statement claims that Sycamore Partners employs a strategy of buying struggling retailers, selling valuable assets, and cutting costs, which has led to bankruptcies for companies like Belk and Nine West. It details numerous labor, health, safety, and environmental violations across its portfolio, including a $2.95 million wage settlement for Talbots and supply chain issues in Indonesia and Thailand. Financially, the document asserts that while Sycamore's first fund performed well, its second and third funds performed in the bottom quartile relative to peers.

The report finds that The Carlyle Group and NGP Energy Capital have significant exposure to transition risk, with a large portion of their upstream portfolio's planned capital expenditure incompatible with the Paris Agreement's goals. It argues that Carlyle's 'net zero' targets are insufficient because they exclude Scope 3 emissions and minority investments, while its investment strategy continues to favor production expansion despite IEA warnings that no new oil and gas fields are needed for a 1.5°C scenario.

The document examines Envision Healthcare as a case study for the risks associated with private equity in the medical sector. It details how Envision utilized a business model based on out-of-network billing to maximize profits, funded dark money campaigns to oppose the No Surprises Act, and was eventually saddled with high debt following a $9.9 billion leveraged buyout by KKR. The report highlights Envision's ongoing legal battles with UnitedHealthcare and its high risk of bankruptcy, noting that KKR has used 'distressed exchanges' to insulate profitable assets like AMSURG from the company's bad debt.