Private equity has grown substantially in recent years and now controls over $12 trillion in assets – that’s more than the GDPs of all but two of the world’s wealthiest countries, the U.S. and China. Today, there is not a single area of American life that is not directly impacted by private equity. Every day tens of millions of Americans are personally affected by private equity buyouts – from patients in hospitals and nursing homes, to renters and homebuyers, to customers and employees in restaurants, retail, and a wide range of other industries.
The private equity business model is built on pooling money from big investors like public pensions to take over companies and quickly restructure them, often in ways that are harmful to workers, patients, customers, residents, and ultimately state and local economies. The focus is on turning a quick profit for investors regardless of the risks and consequences for communities across the country.
The Private Equity Risk Index reports on 16 key measures that reflect these risks to workers and jobs, state health care systems, housing availability, and the security of state pensions in each state. Click on the state to learn more about the risks and what states can do to protect people.
Private Equity Creates Risk for Housing, Health Care, Jobs and Pensions in States
