Find more information on the issues deeply affected by private equity investments:
U.S. prison healthcare provider continues to profit in the midst of wrongful death and sexual abuse lawsuits A new evaluation of U.S. prison healthcare provider YesCare documents how the private equity-owned company used a bankruptcy strategy to evade…
Two of the largest health care providers to jails, prisons, and detention centers in the US, Wellpath and Corizon, are owned by private equity firms, HIG Capital and BlueMountain Capital, respectively. Resources: July 2019: “HIG Capital’s and Wellpath’s Correctional…
The COVID-19 pandemic poses an unprecedented risk for people who are incarcerated or detained. Prisons and jails are breeding grounds for infection as people are crowded into tight quarters and forced to share cells and showers, making social distancing impossible…
Investments by private equity firms in the health care industry have surged in recent years and continue to grow. In 2018, the value of private equity deals in health care reached a record-breaking $31 billion for 388 transactions. Globally, health…
Investments by private equity firms in the health care industry have surged in recent years and continue to grow. In 2018, the value of private equity deals in health care reached a record-breaking $31 billion for 388 transactions. Globally, health…
Late last week criminal justice-focused publication The Appeal ran a long story on neglect by Corizon, the prison healthcare giant owned by private equity and hedge fund firm BlueMountain Capital. The Appeal, Feb 8, 2019: “Corizon, the prison healthcare…
On February 5, the Private Equity Stakeholder Project, along with the Corrections Accountability Project, Color of Change, the American Federation of Teachers (AFT), and the Action Center on Race and the Economy (ACRE) sent letters to…
Earlier today, the American Federation of Teachers (AFT) released a report “Private Prisons and Investment Risks, Part Two: How Private Prison Companies Fuel Mass Incarceration—and How Public Pension Funds Are at Risk,” which looks at investment risk for pension…
(Fact sheet available here) A handful of private equity firms, drawing on capital from pension funds, foundations, endowments, insurance companies, and other institutional investors have invested heavily in companies providing services to prisons, jails, and detention facilities around the…
