AFREF, in partnership with Capital Strategies for the Common Good, the Private Equity Stakeholder Project, and Bargaining for the Common Good, have produced a report highlighting how, in recent decades, housing has become increasingly commodified and financialized, while tenants in communities across the country are being crushed under unsustainable rent burdens and a shortage of affordable housing.
New report highlights how private equity behemoth, Kohlberg Kravis Roberts & Co. has put money into fossil fuel projects that run decidedly counter to its preferred public image of a good steward of the Earth. The post News Release: Report Outlines KKR’s Harm to Frontline Communities As it Continues to Center a Fossil Fuel Strategy
Private equity firms have become some of the country’s biggest corporate landlords. Americans for Financial Reform estimated that as of June 2022, at a minimum, private equity firms owned real estate rented by around 1.6 million families.
The Paycheck Protection Program, a critical pillar of the CARES Act pandemic relief legislation, failed to equitably distribute money despite an avowed goal of focusing on small businesses, according to a new report from AFREF and six other public interest organizations and labor unions.
Private equity investment firms have quietly bought up close to 700 predominantly fossil fuel-fired electric power plants, making these Wall Street investment houses major greenhouse gas emitters.
AFREF released a fact sheet summarizing the SEC’s two sets of rule proposals that will
provide investors and regulators with greater transparency into several aspects of the $18 trillion private fund industry.
