Private Equity Stakeholder Project

The Steward Health Care crisis has highlighted the devastating consequences of private equity firms putting profits ahead of patient care. Massachusetts Governor Maura Healey should sign this essential bill into law to hold PE healthcare profiteers accountable.

There are just a few hours left to support the Private Equity Stakeholder Project in 2024! Here's just some of what we accomplished this year: ✅ Launched a first-of-its-kind manufactured housing tracker ✅ Testified before Congress about PE in healthcare ✅ Revealed the extent of PE's role in the climate crisis PESP has so much more planned for 2025, and we need your help to do it. Will you support PESP with a year-end gift to help us continue to hold private equity accountable? pestakeholder.org/support

PESP has released updated research tracking the largest employers in the United States owned by private equity firms. Use our Private Equity Employer Tracker to explore the more than 250 private equity-owned companies with 7,000+ employees ➡️

⏰ There are just a few days left to support the Private Equity Stakeholder Project before the end of the year! Help PESP continue to hold private equity accountable in 2025 with a year-end gift.

Energy Capital Partners, a unit of private equity firm Bridgepoint, is in the process of acquiring a portfolio of power plants including the 50-year-old James M. Gavin Power Plant, one of the highest emitting, dirtiest and deadliest coal-fired power plants in the United States.

The Private Equity Stakeholder Project is standing up the people left in the wake of private equity profit-seeking: workers laid off from bankrupt companies, tenants unjustly evicted, and patients struggling to get the healthcare they need. Will you support this essential work? https://lnkd.in/gewRgEet

As private equity billionaires continue to put profits ahead of people and planet, it's more urgent than ever to hold the industry accountable. Support PESP so we can continue our essential work of shedding light on private equity into 2025. https://lnkd.in/gewRgEet

Despite proclamations to “invest in the energy transition, not divest from it,” The Carlyle Group is perpetuating the climate crisis by offloading its largest and most polluting portfolio of gas-fired power plants to private equity firm Quantum Energy for $3 billion, rather than responsibly transitioning the assets to clean energy generation or retiring and remediating the damage caused by the assets.

Investors around the globe are contending with a range of market challenges along with financial and climate risks in the energy and infrastructure space. Building off of research done by the Private Equity Climate Risks consortium, PESP has developed three new resources as tools to support private market investors’ efforts in building sustainable portfolios in the face of these challenges.

“We really haven’t seen a monumental change,” said Mary Bugbee, health care research director for the Private Equity Stakeholders Project, a watchdog group based in Chicago. “Legislators have a lot to say, but at the end of the day there’s isn’t enough willpower and appetite to actually do something. It’s a huge failure.”