Private Equity Firms Criticized for Impact on Healthcare Quality
#UShealthcare #privateequityA government report from the US Department of Health and Human Services condemns private equity firms for their role in declining healthcare access, citing a 11% increase in patient deaths due to private equity investments in nursing homes. read more
NFL Allows Private Equity Investment in Teams, Risks Transformation
#NFL #PrivateEquityThe NFL has permitted private equity investment, ending its resistance to institutional capital, limiting initial investment scope. This move raises concerns of future commercialism and revenue-focused ownership, echoing issues faced by European soccer; the cautionary tale highlights the need for balance. read more
Private Equity Firms Channel US Workers' Savings Into Fossil Fuels
#PrivateEquity #FossilFuelsPrivate equity firms invested $1tn in the energy sector since 2010, using public workers' retirement savings in fossil fuel projects creating a billion tonnes of emissions annually. Researchers found transparency lacking, with firms like EIG and Carlyle heavily involved in high-emission assets. . read more