Find more information on the issues deeply affected by private equity investments:
Representatives of civil rights group Color of Change, Service Employees International Union Local 925 and the Private Equity Stakeholder Project spoke last Thursday at the Washington State Investment Board to urge the board to halt investments with private…
Private Equity firm Platinum Equity owns Securus, one of the largest providers of phone, email, money transfer, and electronic monitoring services to jails, prisons and immigration detention centers in the U.S. In May, the Pennsylvania Public School Employees Retirement…
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…
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…
On February 2, the Oregonian ran an op-ed by David Rogers, executive director of the ACLU of Oregon, on the state’s investments with Endeavour Capital, the private equity firm that owns Aladdin Bail Bonds. From the op-ed: “So what…
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…
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.
Private equity firm Endeavour Capital owns Aladdin Bail Bonds, the largest for-profit bail company in the US, and Seaview Insurance, an affiliated insurance company. On August 6, US Senators Cory Booker (D-NJ) and Sherrod Brown (D-OH), sent a…
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…
