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  3. Why are private equity investors buying up fostering agencies & homes in England?

Why are private equity investors buying up fostering agencies & homes in England?

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childrenprivateequity
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  • Emeritus Prof Christopher MayC This user is from outside of this forum
    Emeritus Prof Christopher MayC This user is from outside of this forum
    Emeritus Prof Christopher May
    wrote last edited by
    #1

    Why are private equity investors buying up fostering agencies & homes in England?

    Well, if you think its because they have a better idea of how to support & enhance the well-being of vulnerable your people, you're an incurable optimist.

    What the PE firms see is a sector where fee income can be increased easily & money siphoned out of the system to feed investors' 'need' for returns.

    Once again we are seeing profiteering on the backs of the vulnerable!

    #children #PrivateEquity
    h/t Observer

    Steve WoodsW Claire McNab2 2 Replies Last reply
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    • Emeritus Prof Christopher MayC Emeritus Prof Christopher May

      Why are private equity investors buying up fostering agencies & homes in England?

      Well, if you think its because they have a better idea of how to support & enhance the well-being of vulnerable your people, you're an incurable optimist.

      What the PE firms see is a sector where fee income can be increased easily & money siphoned out of the system to feed investors' 'need' for returns.

      Once again we are seeing profiteering on the backs of the vulnerable!

      #children #PrivateEquity
      h/t Observer

      Steve WoodsW This user is from outside of this forum
      Steve WoodsW This user is from outside of this forum
      Steve Woods
      wrote last edited by
      #2

      @ChrisMayLA6 Shouldn't that be pirate equity investors?

      See also: vulture capitalists.

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      • Emeritus Prof Christopher MayC Emeritus Prof Christopher May

        Why are private equity investors buying up fostering agencies & homes in England?

        Well, if you think its because they have a better idea of how to support & enhance the well-being of vulnerable your people, you're an incurable optimist.

        What the PE firms see is a sector where fee income can be increased easily & money siphoned out of the system to feed investors' 'need' for returns.

        Once again we are seeing profiteering on the backs of the vulnerable!

        #children #PrivateEquity
        h/t Observer

        Claire McNab2 This user is from outside of this forum
        Claire McNab2 This user is from outside of this forum
        Claire McNab
        wrote last edited by
        #3

        @ChrisMayLA6 This is what privatisation really looks like. Steady revenue streams, no competition, statutory guarantees of a market, bugger all quality control

        It's easy money, and it's big money.

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