Find more information on the issues deeply affected by private equity investments:
Last year, we looked at Cerberus Capital Management’s investment in grocery retailer Albertsons-Safeway, one of the largest private equity-owned companies in the United States by employees. We recently took a closer look at the investment performance of Cerberus’ recent…
In buying up and combining two correctional service companies, Trinity and Keefe, HIG Capital’s TKC has an incentive to serve poor quality meals, which have been blamed in part for protests, contract terminations, and increased public health risks. Our new…
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…
Last week, the Private Equity Stakeholder Project and United Food and Commercial Workers Union (UFCW) Local 400 released a report, “Private Equity’s Biggest Retail Gamble: Albertsons-Safeway” that looks at Cerberus Capital Management’s ownership of Albertsons-Safeway, the largest private equity-owned…
Earlier this week, Senator Elizabeth Warren and Representatives Alexandria Ocasio-Cortez and Mark Pocan sent letters to several private equity firms profiting from incarceration and detention. Apax Partners, which owns electronic monitoring company Attenti, pushed back, insisting its investment…
Earlier this week, Senator Elizabeth Warren and Representatives Alexandria Ocasio-Cortez and Mark Pocan sent letters to several private equity firms profiting from incarceration and detention. Apax Partners, which owns electronic monitoring company Attenti, pushed back, insisting its investment…
Private equity firm Platinum Equity has recently drawn criticism for its investment in 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. While…
Full report available here. Over the past decade, more than 1.3 million people have lost their jobs due to trouble or bankruptcies at retail companies owned by private equity and hedge funds, according to a new study released…
Our new report looks at the risks of private equity firm H.I.G. Capital’s investment in prison and detention center healthcare provider Wellpath. Key Points: Over the past several years, private equity firm HIG Capital has built up one of…
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…
Earlier this month, the Private Equity Stakeholder Project, the Americans for Financial Reform Education Fund, and the Alliance of Californians for Community Empowerment (ACCE), put out an update on private equity investment in single family rental homes.
(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…
