Find more information on the issues deeply affected by private equity investments:
As the Israel Defense Forces (IDF) uses bombs, fighter jets, and other military equipment in its attack on Gaza, share prices of publicly-traded weapons manufacturers have soared. Private equity-owned defense contractors will likely also profit from a prolonged war…
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…
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…
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…
See Fact Sheet 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…
Private equity firms profit from Atlanta forest destruction PESP uncovers the private equity connections to Cop City and climate activism New research compiled by the Private Equity Stakeholder Project (PESP) illuminates the link between private equity (PE)…
In December 2022, Congress approved the The Martha Wright-Reed Just and Reasonable Communications Act after a decades-long fight to make prison communications more affordable.[1] It has since been signed into law.[2] Named for a woman…
As communities, public interest groups, and politicians have raised red flags about government use of facial recognition technology, private equity and venture capital investors that own companies in the industry may be exposed to financial and regulatory risk. The following…
In 2021, Warburg Pincus-owned company Allied Universal acquired G4S, a global security firm with a significant prison and detention business. On August 1, 2022, Allied Universal completed its acquisition…
A new report from the Immigrant Defense Project, Mijente, and Just Futures Law, “HART Attack: How DHS’s massive biometrics database will supercharge surveillance and threaten rights” reveals how private equity firm Veritas Capital could have access to biometric data…
