Private equity firms got rich while shirking obligations to hospitals, Senate report finds
The year-long inquiry into hospitals managed by Apollo Global Management and Leonard Green & Partners comes amid growing calls for increased oversight of private equity in healthcare.
Bipartisan Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.
Private equity reduces patient care while enriching investors, Senate report finds
The Senate investigation of Apollo Global Management's purchase of Lifepoint Healthcare and Leonard Green & Partners' purchase of Prospect Medical Holdings reinforced the findings of past research.
Senate Report Blasts Private Equity’s Role in Healthcare
A U.S. Senate committee accused private-equity healthcare investors of choosing profits over patient care, adding a prominent voice to those claiming Wall Street is putting the medical system at risk.
Senate Budget Committee slams private equity's hospital ownership
Private equity's medical adventure has taken another detour to the ER, with the Senate Budget Committee releasing a bipartisan report that slams the industry's stewardship of hospital chains. Why it matters: This caps off a year in which federal politicians zeroed in on private equity ownership of health-care providers,
Bipartisan Senate Report Slams Private Equity Involvement in Healthcare
Private equity investments in healthcare may harm patients, providers and hospitals, according to a new report released by Sens. Sheldon Whitehouse, the Rhode Island Democrat who chaired the Senate Budget Committee in the 118th Congress,
Private equity in 401(k) plans? ‘Highly risky’ for the average investor.
With the incoming Trump administration just weeks away from starting, private-equity firms are poised to lobby in Washington ...
Private Equity Hits the Brakes on Riskiest Types of Controversial Loans
For years, buyout firms used controversial loans backed by their equity stakes to juice up returns in their funds. After ...
Private equity firm buys controlling stake in True Religion
The deal with Acon Investments comes as the denim brand looks to diversify its product offering and expand its reach.
Creating A Winning Private Equity Résumé: Why Your Corporate Résumé Won't Work
Top Executive Résumé Writer Mary Elizabeth Bradford runs Ceoresumewriter.com, a global source for CxO Executive Résumés.
Hochul Seeks to Limit Private-Equity Ownership of Homes in New York
Widespread purchases of single-family homes by institutional investors may be contributing to soaring housing prices and low ...
How Private Equity Dividends Work
Private equity refers to firms or individuals who invest in a company in return for a stake in its equity. Learn how these ...
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Private-equity firm buys a majority stake in Rita's Italian Ice
The 575-unit Italian ice franchise received an investment from Maple Park Capital Partners, a newly formed investment firm ...
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Private equity transactions expected to take off in 2025
Private equity investors contend that all systems are go, expecting transaction and exit activity to take off in 2025.
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Hochul wants to curb private equity firms buying single-family homes in New York
To address the rising cost of housing across New York, Gov. Kathy Hochul wants to limit purchases of single-family homes by ...
Private-Equity Veteran Launches New Venture to Fill Fundraising Shortfall
Private-equity veteran Richard Lichter launched Causeway Equity Partners, looking to capitalize on the growing numbers of ...