PESP, a Chicago-based 501(c)(3) organization founded in 2017, aims to “conduct and distribute research, studies, and analysis relating to the impact of financial services firms on stakeholder groups, including but not limited to impacts on human rights, jobs, housing, consumers and the Environment,” according to its IRS filings. PESP has condemned private equity firms for “looting American businesses and destroying jobs.” Both PESP and PESA have received millions of dollars from major left-leaning foundations, including Democrat megadonor George Soros’ Open Society Foundation, the Ford Foundation and the Surdna Foundation, which have made substantial investments in the private equity industry. In a blog post from February 2024, PESP described the Oct. 7 attack — in which civilians in Israel were killed and taken hostage by Hamas terrorists — as simply “the deaths and hostages from October 7,” while referring to Israel’s response as “war crimes against civilians” and labeling it “apartheid.” Multiple high-level PESP employees have also praised the anti-Israel college protests and encampments across the country.
Author: Melissa O'Rourke
Published at: 2025-07-21 22:16:01
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