March 16, 2016

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Over the past several years, private equity and real estate managers have come to play a growing role in the hospitality industry.

UNITE HERE, the union of hospitality employees throughout North America, has been undertaking a proactive approach to achieving labor harmony at private equity-owned companies and properties by reaching out to managers to identify opportunities to work together. UNITE HERE has engaged positively with a number of managers.

Based on outreach to managers active in the hospitality industry, we have updated our list of Responsible and Irresponsible private equity and private equity real estate managers.

March 2016 list of Responsible/ Irresponsible private equity and real estate managers available here and below.

Responsible		Irresponsible
Rockpoint Group		Walton Street Capital
Angelo, Gordon & Co		Ares Management
Blackstone Group		Lone Star Funds
CIM Group		Carlyle Group
Apollo Global Management		Prudential
PCCP LLC		KSL Capital
Stockbridge Capital		Garrison Investment Group
AFL-CIO BIT/ HIT		Olympus Partners
HEI Hotels & Resorts		Cornerstone RE Advisers
Kennedy-Wilson Cos		Northwood Investors
UBS Realty		Clarion Partners
Westbrook Partners		Dune Capital
Lowe Enterprises		Starwood Capital
Intercontinental Real Estate		AEW Capital Management
		Yucaipa Cos
		TPG Capital
		Leonard Green & Partners

Responsible managers above are managers that have reached an agreement ensuring labor peace at hospitality-related properties or companies, creating a basis for cooperation.

Irresponsible managers above are managers that have refused multiple requests to meet, have refused to identify places to work together, or have had a long-standing, unresolved dispute at a hospitality-related property or portfolio company.