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The letter argues that investments in incarceration and detention service providers, specifically GTL, exacerbate mass incarceration and disproportionately harm communities of color. It cites a report by the American Federation of Teachers regarding investment risks to public pension funds and institutional investors posed by privately-owned corrections companies.

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  • The authors argue that financial investments in companies profiting from incarceration and detention fuel the expansion of firms providing subpar services at high costs, which drains funds from minority and low-income communities.
  • The letter highlights that mass incarceration in the United States is discriminatorily targeted at people of color, who make up more than 60 percent of the incarcerated population.
  • The American Federation of Teachers has released a report indicating that privately-owned corrections companies, including GTL, pose investment risks to institutional investors and public pension funds.

Cite the original document

APA
Private Equity Stakeholder Project (2019). Letter to American Securities re GTL. http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-American-Securities-re-GTL-020519.pdf
Chicago
Private Equity Stakeholder Project. Letter to American Securities re GTL. 2019. http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-American-Securities-re-GTL-020519.pdf.
Wikipedia
{{cite press release |author=Private Equity Stakeholder Project |title=Letter to American Securities re GTL |date=5 February 2019 |url=http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-American-Securities-re-GTL-020519.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{privateequitystakeholderproject2019letter, author = {{Private Equity Stakeholder Project}}, title = {{Letter to American Securities re GTL}}, publisher = {Private Equity Stakeholder Project}, year = {2019}, month = feb, url = {http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-American-Securities-re-GTL-020519.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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