Private equity and other private funds control growing portions of the economy, including in areas crucial to all of our lives, like housing and care–typically increasing prices and decreasing quality. These billionaire factories repeatedly take advantage of loopholes and exemptions to funnel money to their executives at the expense of workers, patients, consumers, real economy businesses, and a sustainable planet. We can change the rules to stop their extremes of extraction.
Advocacy
Resources
Commentary & Updates
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Statement: Oscar Valdés Viera, AFR Senior Policy Analyst, Private Equity & Capital Markets on DOL Rush to Let Private Equity and Crypto Erase Workers’s 401(k) Savings
The Department of Labor (DOL) proposed a dangerous rule that would steer workers’ retirement savings into risky, opaque, high-fee private equity and crypto investments that would undermine their retirement security. The private equity industry is eager to dump overvalued assets onto retirement savers as well-heeled investors snub these dubious assets and head for the exits.…
AFR In the News
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Archyde: Private Credit: A Guide to Loans Beyond Banks
Concerns are also rising about the opacity of the private credit market. Unlike publicly traded debt, private credit loans are not subject to the same level of regulatory oversight or disclosure requirements. This lack of transparency makes it demanding to assess the true risk exposure of these funds, according to Americans for Financial Reform.
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Truthout: Grassroots Organizers in Wisconsin Offer Blueprint for Beating Back Data Centers
A recent Americans for Financial Reform report also notes that private equity has “established a foothold in all parts of the data center lifecycle,” which includes everything from “assembling land where future data center campuses will be built” to “direct data center operation.”
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Economic Policy Institute: Trump is pushing to include risky assets like crypto and private equity in 401(k)s
A recent overview published by the American Federation of Teachers, Americans for Financial Reform Education Fund, and the American Association of University Professors examined this question closely and cast doubt on the value of alternative investments for pension funds, especially when adjusting for risk and illiquidity.
Archyde: Private Credit: A Guide to Loans Beyond Banks
More Cracks Emerge in Private Credit’s $1.8 Trillion Iceberg
Real Reform to Confront Private Equity Takeover of the Nation’s Housing
