Apax Partners

A coalition of organizations, including the Private Equity Stakeholder Project and Color of Change, calls on Apax Partners to exit its investment in Attenti and other incarceration and detention service providers. The authors argue that such investments exacerbate mass incarceration, which disproportionately affects communities of color, and pose financial risks to public pension funds and institutional investors.

• The authors argue that investments by financial firms in companies profiting from incarceration and detention fuel the expansion of companies providing subpar services at high costs, which drains resources from minority and low-income communities.
• The letter highlights the systemic nature of mass incarceration in the United States, noting that in 2016 there were approximately 2.2 million people in prisons and jails, with over 60 percent of the incarcerated population being people of color.
• The American Federation of Teachers (AFT) has released a report indicating that privately-owned corrections companies, specifically including Apax Partners' investment in Attenti, present investment risks to institutional investors and public pension funds.

APA

Private Equity Stakeholder Project (2019). Apax Partners. http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-Apax-Partners-re-Attenti-020519.pdf

Chicago

Private Equity Stakeholder Project. Apax Partners. 2019. http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-Apax-Partners-re-Attenti-020519.pdf.

Wikipedia

{{cite press release |author=Private Equity Stakeholder Project |title=Apax Partners |date=5 February 2019 |url=http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-Apax-Partners-re-Attenti-020519.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{privateequitystakeholderproject2019apax, author = {{Private Equity Stakeholder Project}}, title = {{Apax Partners}}, publisher = {Private Equity Stakeholder Project}, year = {2019}, month = feb, url = {http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-Apax-Partners-re-Attenti-020519.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }