In Episode 20 of the Do Diligence Podcast, Doug Lepisto sits down with Maryann Feldman and Martin Kenney, authors of “Private Equity and the Demise of the Local.” They delve into a critical examination of how private equity reshapes communities and the implications of ownership on local economies. Through their research, Maryann and Martin illuminate the troubling patterns of private equity investment, showcasing how it often leads to the offshoring of jobs, diminished local control, and the erosion of community ties. They advocate for alternative investment models that prioritize local ownership and community engagement. Join them as they explore the intersection of finance, community, and the future of local economies, emphasizing the importance of place-based investment strategies as a counter to traditional private equity practices.