Blog: Antitrust Authorities Turn Focus to Private Equity Role in Monopolies
At long last, private equity is getting the attention it deserves from antitrust authorities as a force for consolidation, higher prices, and less consumer choice.
Tag Archives: Hedge Funds and Private Equity
Research Memo: New AFR Research Estimating Minimum Number of Private Equity-Owned Housing Units
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.
Blog: Private Equity and The Care Economy
Having a rapacious business like private equity watching over particularly vulnerable people has never been a good idea. Still the evidence is mounting that Wall Street has pushed the envelope in recent years. Nursing homes, youth facilities, and homes for disabled adults have all fallen under the ownership of an industry with a track record of prioritizing wealth extraction over running companies well, to say nothing of caring for people in need.
NEWS RELEASE: Private Equity is Financing the Climate Crisis Away from Public Scrutiny
A new report finds that the private equity industry owned close to 700 utility-scale power generation facilities in the United States in 2021 that emitted about 200 million metric tons of carbon dioxide annually.
Report: Private Equity Ownership of U.S. Power Plants: A Hidden Climate Threat
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.
Letters to Regulators: Letter to the SEC in Support of Proposals to Protect Investors in Private Funds
AFREF led 26 other organizations in a letter to the Securities and Exchange Commission supporting its proposals that would provide to investors in private funds (such as hedge funds and private equity funds) basic and important information on a quarterly basis to make informed investment decisions.
Letters to Regulators: Letter to the SEC in Support of Proposals to Protect Investors in Private Funds
AFREF sent a comment letter to the Securities and Exchange Commission supporting several of its proposals that would better protect investors in private funds (such as hedge funds and private equity firms) that currently do not have the basic, necessary information they currently need to make informed decisions.
Letters to Regulators: Comment Letter in Response to the FTC and DOJ’s Request for Information on Merger Enforcement
AFREF, joined by the Center for Economic Policy and Research and United for Respect, sent a comment letter responding to the FTC and DOJ’s request for information on merger enforcement. The letter calls on the agencies to to closely scrutinize and create presumptions to challenge acquisitions that employ leveraged buyouts and techniques like it.
Letters to Regulators: Modernization of Beneficial Ownership Reporting
AFREF sent a comment to the Securities and Exchange Commission (SEC) supporting the SEC’s proposals to modernize the reporting of beneficial ownership by including cash-settled derivatives in large position reports over Schedules 13D and 13G. We also urge the SEC to clarify its definition of who should constitute a “group” under the proposal as it should only apply to the sharing of material nonpublic information related to not yet disclosed large positions instead of efforts to improve the long-term corporate governance of companies.
Blog Post: Wall Street and private equity are “gobbling up homes,” driving inflation and exacerbating the housing crisis
In a House Financial Services Committee hearing from the beginning of March, both Representatives and witnesses discussed how Wall Street and private equity are causing housing prices to soar and driving inflation.