Letter to BlueMountain Capital re Corizon

The Private Equity Stakeholder Project and other organizations are urging BlueMountain Capital Management to exit its investments in Corizon and other incarceration and detention service providers, citing ethical concerns regarding mass incarceration and financial risks to institutional investors.

• The authors argue that investments by financial firms in companies profiting from incarceration exacerbate mass incarceration, which disproportionately affects communities of color, and fuel the expansion of companies providing subpar services at high costs.
• The letter highlights that the Trump administration's scaling up of immigration detention has increased business for service providers like Corizon.
• The American Federation of Teachers (AFT) has released a report indicating that privately-owned corrections companies, including Corizon, pose investment risks to public pension funds and other institutional investors.

APA

Private Equity Stakeholder Project (2019). Letter to BlueMountain Capital re Corizon. http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-BlueMountain-Capital-re-Corizon-020519.pdf

Chicago

Private Equity Stakeholder Project. Letter to BlueMountain Capital re Corizon. 2019. http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-BlueMountain-Capital-re-Corizon-020519.pdf.

Wikipedia

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

BibTeX

@misc{privateequitystakeholderproject2019letter, author = {{Private Equity Stakeholder Project}}, title = {{Letter to BlueMountain Capital re Corizon}}, publisher = {Private Equity Stakeholder Project}, year = {2019}, month = feb, url = {http://pestakeholder.org/wp-content/uploads/2019/02/Letter-to-BlueMountain-Capital-re-Corizon-020519.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }