"Here’s the systemic risk, here’s the problem...if you have 17,000 private equity firms liquidating their portfolios of companies over a period of five to 10 years, then it’s going to result in depressed valuations for a very long time. So the next bear market that we have could

Senator Elizabeth Warren unveiled legislation Thursday designed to rein in the growing power of private equity firms and limit the sort of leveraged buyout deals that led to the crisis at Steward Health Care. trib.al/j9trYeQ

A private equity firm bought Steward Health Care, sold the land from under the hospitals, and walked away with a fat profit while the hospitals failed and workers & patients suffered. This PE game plan is happening across the U.S. It's legal looting and I have a bill to stop it.

As climate change-related storms become more frequent and severe, private equity is profiting from both creating and cleaning up climate catastrophes. We covered this dangerous trend in our report 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐄𝐪𝐮𝐢𝐭𝐲 𝐏𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐃𝐢𝐬𝐚𝐬𝐭𝐞𝐫:

Check out the article by PESP Healthcare Director Mary Bugbee in this edition of the AFT Healthcare Journal. All about how private equity firms are pillaging hospitals and exploiting healthcare workers. aft.org/hc/fall2024/bu…

What happens when private equity captures a vital communication tool for the Deaf community? Join PESP and 🎃PEIU | #UnionStrong for a webinar on 10/24 about the impact of PE ownership on video relay service (VRS) companies and the communities they serve. Interpreters organizing with OPEIU and

Several public pension funds have committed millions of dollars to private equity firm Kimmeridge Energy Management Company's energy funds, which fund the fossil fuel companies in the firm’s portfolio. pestakeholder.org/news/community…

WATCH LIVE: Comptroller Lander Announces Proposal for a Greener Pension Investment Portfolio youtube.com/live/pLWkpH_1G…

BREAKING: Victory for NYC as Office of New York City Comptroller Brad Lander @BradLander to set the USA’s 1st divestment policy ending new pension fund investments in private equity funds that finance oil & gas pipelines and LNG terminals. Lander’s move will protect our planet & our pensions. HUGE! 🌎💪🌍💪🌏

👏 👏 👏 Much of the capital fueling private equity's environmentally destructive investments comes from public sector workers’ pensions. Yet, there is minimal disclosure to these pension fund managers about the climate risks associated with their investments. The lack of

🌎 CLIMATE FINANCE NEWS 🌎 Proud to announce my support for a policy that would cease future investments by New York City public pension funds in midstream and downstream fossil fuel infrastructure. More: comptroller.nyc.gov/newsroom/nyc-c…

Fossil fuel investments introduce financial, legal, and climate risks for pension funds and institutional investors. Private equity is putting communities at risk, as well as the retirement funds of working Americans like firefighters and teachers. pestakeholder.org/news/nyc-compt…

According to original research from PESP and 🐝 ACCE 🐝, the largest landlord on Earth touts to investors how it profits from the ongoing affordable housing crisis and the lack of new construction. pestakeholder.org/reports/helter…

Huge first of its kind news from Office of New York City Comptroller Brad Lander 🌎🏙️ The NYC Retirement Systems have taken the most sweeping action of any North American pension fund to date on climate. Will its peers fall in line?

Rats. Raw sewage. Insect infestations. When Alden Global Capital took over these manufactured housing parks in Florida, tenants suffered. PESP's Jordan Ash told the Tampa Bay Times: “In some of the parks there were problems beforehand. What’s clear is that those problems got

"Private Equity Stakeholder Project has identified more than 5,100 apartment complexes owned by more than 30 private equity companies in America, totaling almost 1.4m units." nbcnews.com/news/senators-…

"We’ve seen over the past several years how unpopular and deadly coal is. Increasingly, coal is being seen as a really bad investment and a poisonous form of energy," says Alissa Jean Schafer, PESP Climate Director ohiocapitaljournal.com/2024/10/25/ano… By: Marty Schladen