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UK Probation services to be renationalised

The supervision of all offenders will be undertaken by the state in a major renationalisation of the probation sector. Only five years after introducing a widely derided programme of privatisation. Following years of damning criticism from MPs, inspectorates and former probation officers, the justice secretary, David Gauke, has decided to bring all offender management under the National Probation Service (NPS) by spring 2021.

Source: the Guardian

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Letters to Private Equity Firms with Investments in Prison-Sector Contracts

These letters provide demands from the American Federation of Teachers and a range of ally organisations for Private Equity Firms with major stakes in private prison sector contractors to prevent exploitation and profiteering from the Covid-19 Pandemic. They include demands which can be developed for other unions and Civil Society engaged in activist-investor or pension fund campaigns.

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Private Prisons and Investment Risks (Part II). How Private Prison Companies Fuel Mass Incarceration — and How Public Pension Funds Are at Risk

This is the AFT’s second report in a two - part series highlighting the investment risks to pension funds and other investors whose portf olios contain investments in the private prison industry or contractors who provide services to immigrant detention centers. Part 1 of this series, “Private Prisons, Immigrant Detention and Investment Risks,” released in August 2018, identifies investment managers, namely hedge fund managers, who invest milli ons of dollars in companies that profit from detention facilities that house separated immigrant families and the risks those investments pose to our members’ retirement security. Part 2 of this series focuses on the companies and asset managers, namely private equity firms, that profit from and fuel the mass incarceration of black and brown people in the United States.

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