Find more information on the issues deeply affected by private equity investments:
In late October, Gerard Boyle, the founder of Wellpath, a prison and detention healthcare company owned by private equity firm HIG Capital, was indicted on federal bribery charges along with Robert McCabe, the former Norfolk, Virginia Sheriff. According…
Private equity firm Platinum Equity acquired Securus, one of the largest phone and communications companies for jails and prisons, in November 2017. Securus has drawn criticism for charging exorbitantly high call rates and fees to incarcerated people and their support…
A new report by the New York Times last week revealed that medical staffing firms owned by private equity managers KKR and Blackstone have poured millions into opposing legislation that would ban surprise medical billing.[i] Through a shadowy…
In a May 19 opinion piece, Rana Foroohar of the Financial Times highlighted the growing ownership by private equity firms of manufactured home (i.e. mobile home) communities, drawing on the February 2019 report by the Private Equity Stakeholder…
The Associated Press last week published a story on growing investment by private equity firms in manufactured home (i.e. mobile home) communities, citing a February report by the Private Equity Stakeholder Project, MHAction and the Americans for Financial…
Last Sunday, Last Week Tonight with John Oliver ran a long segment on the growing investments by private equity firms in manufactured home (i.e. mobile home) communities, threatening a source of affordable housing for millions of…
Last week, institutional investment publication Responsible Investor ran an article “Denmark’s ATP and US pension funds under pressure over links to US bail bond industry,” looking at Endeavour Capital’s investment in Aladdin Bail Bonds and the institutional investors behind…
Last week, dozens of Sears and Kmart employees sent a letter to the hedge funds and other creditors that control Sears and are driving the retailer’s bankruptcy reorganization. Following the lead of Toys ‘R’ Us workers, who recently won…
Private equity firm Endeavour Capital recently drew media attention after an affiliate, Triton Management Services LLC, contributed nearly $800,000 to an effort to overturn California’s recent landmark legislation to reform the state’s bail system. Triton, which is majority-owned by…
In late August, the state of California passed a sweeping reform bill ending for-profit bail. “Today, California reforms its bail system so that rich and poor alike are treated fairly,” California Governor Jerry Brown said as the legislation was enacted.
In October, the New York Times highlighted the efforts of fired Toys “R” Us workers to win a hardship fund from the financial firms that took Toys “R” Us into bankruptcy and liquidation as part of a broader story on…
In early August, the American Civil Liberties Union’s (ACLU’s) Campaign for Smart Justice sent a letter to private equity firm Endeavour Capital asking the firm to exit its investment in Aladdin Bail Bonds and Seaview Insurance. Text of the letter…
