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In sector after sector, the extractive PE playbook is the same: Buy up assets, load them with debt, strip them of assets, squeeze workers, customers, and patients, and sell them off after a few years. Learn more about how this destructive business model is hurting people, and how we’re fighting back!

Explore the growing body of evidence, including personal stories, analysis from economists, and academic research that show the depth and depravity of private equity greed.

AllHealthcareHousingJobs/RetailRacial Injustice/EqualityWealth/income Inequality

PE-owned healthcare companies are not only terrible for healthcare workers, they are also dangerous for patients and community health. PE-owned healthcare companies have been linked with the closure of safety net hospitals, extortionary surprise billing, and higher death rates in nursing homes.

Private equity-owned housing companies are some of the worst landlords in the country, driving up rents and fees while skimping on maintenance and being unresponsive to tenant complaints. They also drive up the cost of buying a home by snatching up large numbers of houses with all cash offers, othen pushing out potential first time homebuyers.

PE-owned companies are terrible employers. They squeeze worker pay and benefits, slash jobs, and even drive retail stores into bankruptcy. In fact, more than half (55.4 percent) of retail bankruptcies between 2015 and 2020 were at private equity chains.

Private equity firms contribute to income and wealth inequality and exacerbate the racial wealth gap. Private equity executives are overwhelmingly white and male, even by Wall Street standards. And the workers and communities they exploit are often largely Black, Indigenous, and other people of color.

Private equity firms contribute to income and wealth inequality and exacerbate the racial wealth gap. Private equity executives are overwhelmingly white and male, even by Wall Street standards. And the workers and communities they exploit are often largely Black, Indigenous, and other people of color.

FACT SHEET: Private Equity Vultures Eye Real Estate During Coronavirus Crisis
It’s been well documented how private equity firms profited from the 2008 economic crisis. After millions of people lost their homes to foreclosure, private equity firms swept in, buying commercial, single- and multi-family properties at a steep discount, and later raising rents, gouging tenants with fees, skimping on maintenance, and using aggressive collections and evictions strategies.View Link about FACT SHEET: Private Equity Vultures Eye Real Estate During Coronavirus Crisis