Letter to Bison Capital re Sentinel Offender Services
Summary
The Private Equity Stakeholder Project and other organizations are calling on Bison Capital Asset Management to exit its investment in Sentinel Offender Services. The authors argue that investing in the incarceration and detention industry exacerbates mass incarceration, which disproportionately affects communities of color, and poses financial risks to institutional investors and public pension funds.
Key insights
- The authors argue that financial investments in companies providing incarceration and detention services fuel the expansion of firms that provide subpar services at high costs, which in turn drains financial resources from minority and low-income communities.
- The letter highlights that mass incarceration in the United States is discriminatorily targeted at people of color, noting that over 60 percent of the incarcerated population are people of color.
- Beyond ethical concerns, the authors cite a report from the American Federation of Teachers indicating that privately-owned corrections companies, such as Sentinel Offender Services, present investment risks to institutional investors and public pension funds.
Cite the original document
- APA
- Private Equity Stakeholder Project (2019). Letter to Bison Capital re Sentinel Offender Services. http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-Bison-Capital-re-Sentinel-Offender-Services-020519.pdf
- Chicago
- Private Equity Stakeholder Project. Letter to Bison Capital re Sentinel Offender Services. 2019. http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-Bison-Capital-re-Sentinel-Offender-Services-020519.pdf.
- Wikipedia
- {{cite press release |author=Private Equity Stakeholder Project |title=Letter to Bison Capital re Sentinel Offender Services |date=5 February 2019 |url=http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-Bison-Capital-re-Sentinel-Offender-Services-020519.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{privateequitystakeholderproject2019letter, author = {{Private Equity Stakeholder Project}}, title = {{Letter to Bison Capital re Sentinel Offender Services}}, publisher = {Private Equity Stakeholder Project}, year = {2019}, month = feb, url = {http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-Bison-Capital-re-Sentinel-Offender-Services-020519.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated