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Welcome! You are invited to join a webinar: Wall Street in the Wolverine State: How private equity impacts Michigan. After registering, you will receive a confirmation email about joining the webinar.
Private equity firms have become increasingly powerful players in Michigan’s economy, with PE-owned companies employing 10% of the state’s private sector workforce. These investment firms are buying up companies and real estate across sectors including healthcare, housing, manufacturing, and retail, often pursuing rapid profits that can lead to layoffs, rising costs, and instability for workers and communities. Join the Private Equity Stakeholder Project for a webinar examining how private equity is reshaping Michigan’s economy and affecting residents. Drawing on new research, this discussion will explore the ways private equity business practices can influence housing affordability, job quality, public services, and access to essential resources. Panelists will also discuss impacts on workers and communities across industries, including cases involving layoffs, bankruptcies, and labor disputes tied to private equity-backed companies operating in Michigan. The webinar will feature perspectives from: - Theo Gantos, a manufactured housing resident and advocate whose community, North Morris Estates, was owned by Alden Global Capital-affiliated Homes of America. - Shayla McKitrick, an American Sign Language interpreter at a private equity-owned company. Shayla has been organizing a union at her workplace and is facing the closure of the Rochester Hills, Michigan call center where she works. - Former Congressman Andy Levin, a longtime champion of workers’ rights and economic justice. Together, the panel will discuss how private equity ownership affects Michiganders and what policymakers, advocates, and communities can do to strengthen accountability. By registering for this webinar, you agree to receive occasional email updates from the Private Equity Stakeholder Project. We will never sell your information or email.
