Why are private equity investors buying up fostering agencies & homes in England?
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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 -
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@ChrisMayLA6 Shouldn't that be pirate equity investors?
See also: vulture capitalists.
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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@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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