Private equity, Senate

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.
Patient Care Deteriorates After Private Equity Acquisition of Hospitals
Furthermore, the percentage of patients who would definitely recommend the hospital declined at those acquired by private equity (66.9% to 65.5%), while it increased at control hospitals (68.2% to 69.3%), for a differential change of -2.1 percentage points (95% CI -3.6 to -0.7).
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.
Massachusetts Enacts New Curbs on Private Equity in Health Care
Private equity investors in the health-care industry will face additional oversight in Massachusetts under a new law that Governor Maura Healey plans to sign on Wednesday.
Massachusetts new law cracks down on private equity in healthcare
The bill’s passage is a rare success in a nationwide effort to crack down on private equity firms after a string of high-profile healthcare bankruptcies.

New York Governor, Homes and Private Equity

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 wants a piece of your 401(k) — and hopes Trump can make it happen
Private equity firms are hoping that the new Trump administration makes it easier for them to access something they have long ...
New Mountain CEO Klinsky: Private equity has gone from a 'form of finance' to a 'form of business'
Steve Klinsky, founder and CEO of New Mountain Capital, joins CNBC's 'Squawk Box' to discuss expectations for private equity ...
Pensions&Investments22h
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.
Crain's Chicago Business14h
Vistria Group closes $3 billion private-equity fund, its largest ever
The new fund, which took two years to raise, brings the Chicago-based firm's total assets under management to $16 billion.
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 ...
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 ...
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 ...