Fact Sheet: Stop Private Equity-Owned Nursing Homes from Extracting Profits at the Expense of Care
Private equity firms have bought up thousands of nursing homes across the country, lowering the quality of care and harming residents.
Tag Archives: Hedge Funds and Private Equity
Fact Sheet: The Stop Wall Street Looting Act: End Private Equity’s Predatory Practices
By creating accountability for the Wall Street tycoons who lead private equity takeovers and reversing the policies that enable wealth extraction, this set of policies can protect workers, families, and communities.
Fact Sheet: Private Equity is the Driving Force Behind Surprise Medical Billing
Private equity firms have driven much of the rise in surprise billing that threatens the financial stability of vulnerable patients as well as families’ health and peace of mind.
Fact Sheet: Close the carried interest loophole that is a tax dodge for super-rich private equity executives
The carried interest tax loophole is an income tax avoidance scheme that allows private equity and hedge fund executives — some of the richest people in the world — to substantially lower the amount they pay in taxes, exacerbating income and wealth inequalities.
Event: Stop Wall Street Looting Act Townhall
Ricardo Valadez from Americans for Financial Reform and Jessica Newman from United for Respect co-hosted a Stop Wall Street Looting Act townhall that featured speakers from Center for Popular Democracy, CASA Montgomery County, United Mine Workers of America, Communications Workers of America, and videos of Senator Warren and Representative Mark Pocan.
Event: Stop Wall Street Looting Act Allies Briefing
Ricardo Valadez from Americans for Financial Reform and Jessica Newman from United for Respect co-hosted a Stop Walls Street Looting Act allies briefing.
News Release: Companies Backed by Giant Private Equity Firms Received $5.3bn in COVID-19 Stimulus Funds
Hundreds of companies owned or backed by some of the most well financed private equity firms in the US secured an estimated $5.3 billion in public funds under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), reveals a new investigation published today.
Report: Public Money For Private Equity: Pandemic Relief Went To Companies Backed By Private Equity Titans
This study estimates that at least $5.3 billion in CARES Act money went to 611 portfolio companies owned or backed by private equity firms that held $908 billion in cash reserves.
News Release: SEC Must Step Up Enforcement of Rules on Private Funds
The Securities and Exchange Commission should use the full scope of its authority to increase transparency and reduce hidden risks to investors and markets from the private equity industry, according to a letter from 15 public interest groups.