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warren-aoc-pocan-letter-to-hig-093019-c0d3a918bbf713a8.pdf
Members of Congress are questioning H.I.G. Capital, LLC about its ownership of prison support service providers, including Keefe Group, ICSolutions, and Wellpath. The letter argues that private equity investment in the correctional sector leads to market consolidation, exorbitant fees for incarcerated individuals and their families, and a decline in the quality of essential services such as healthcare, food, and telecommunications. The authors request specific disclosures on revenue, ownership stakes, and legal settlements to inform the 'Stop Wall Street Looting Act'.
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Document type: Statement
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