BLOG POST: Private Equity Profiteering from Incarceration, Tools of Police Brutality
January 4, 2022A less known, but insidious form of systemic racism is the business model practiced by Wall Street private equity (PE) firms. PE firms often profit from extracting wealth from communities of color and exacerbating racial inequalities. PE cash has been funneled into odious businesses like payday lenders and corporate landlords that particularly target Black and Latinx communities.