Letter to Platinum Equity re Securus

The Private Equity Stakeholder Project and other organizations call on Platinum Equity to exit its investment in Securus, arguing that profiting from the U.S. incarceration system exacerbates mass incarceration and disproportionately harms communities of color. The letter cites ethical concerns and investment risks to public pension funds identified by the American Federation of Teachers.

• 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 scale 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 has released a report indicating that privately-owned corrections companies, such as Securus, pose investment risks to institutional investors and public pension funds.

APA

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

Chicago

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

Wikipedia

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

BibTeX

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