Find more information on the issues deeply affected by private equity investments:
Private equity firm American Securities owns ViaPath Technologies, formerly Global Tel Link, one of the nation’s largest prison telecom corporations. Early this year, Bloomberg reported that SPAC Tristar Acquisition I…
Patients in U.S. prisons and jails have no choice in who provides them with healthcare. Instead, contracts are made between private companies and state and local governments, whose officials may not be motivated by care quality concerns, but instead budgetary…
“YesCare Dodges Liability for Prison Conditions: Merger, Division, and Bankruptcy,” written by Private Equity Stakeholder Project (PESP) researcher Michael Fenne, chronicles the consequences of YesCare’s private equity ownership. With a business model prioritizing high profits…
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…
On August 23, 2023, the Securities and Exchange Commission (SEC) adopted new rules and rule amendments to enhance the regulation of private fund advisers and update the existing compliance rule that applies to all investment advisers. The new rules and…
Prison life is entirely controlled by the state and corporations that service detention facilities— beyond various physical space constraints, incarcerated people have little choice in what they consume, how they communicate with loved ones, and the structure of…
Prison life is entirely controlled by the state and corporations that service detention facilities— beyond various physical space constraints, incarcerated people have little choice in what they consume, how they communicate with loved ones, and the structure of…
As Ares Management’s housing investments drive gentrification in Atlanta, Ares founder Tony Ressler contributes to controversial Cop City project Founded in 1997, Ares Management is a private equity firm that had $360 billion in assets…
A high-powered team of prisoner-rights lawyers is investigating the Monterey County Jail’s health care provider, Wellpath, due to a series of inmate deaths allegedly caused by contract violations. Wellpath is one of the largest providers of health care in U.S.
Over the last several years, Platinum Equity and its founder Tom Gores have faced significant criticism for its ownership of prison and jail telecommunications company Securus (also called Aventiv Technologies) and the high rates it charges…
Since December 2022, Atlanta-area officials have charged 42 people with domestic terrorism for protesting the construction of Cop City, a police training facility that would sit on 85 acres…
Corrupt guards at the Mangaung Correctional Centre, operated by a subsidiary of multinational security company G4S, allowed a convicted murderer and rapist to run fraudulent schemes by computer for years while he was locked up, and helped him…
