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David Birchall, Senior Lecturer in Law, London South Bank University

Private equity: when big profits come at a heavy price for human rights

Billion Photos/Shutterstock

Private equity is an enormously powerful and wealthy industry that has a huge impact on the public and their human rights. As a sector, it holds around US$4.4 trillion (£3.5 trillion) in assets, while in the US, one in every 14 workers is employed by a company owned by a private equity firm.

These firms use a unique business model. They attract outside investors by promising high returns, and invest this capital in buying companies.

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