Apax Partners Says Warren, Ocasio-Cortez Shouldn’t Target Firm

Elizabeth Warren and Alexandria Ocasio-CortezSource: Joshua Roberts/Bloomberg
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A spokesman for Apax Partners LLP says the private equity firm doesn’t have the kinds of investments in prison services that three progressive lawmakers are targeting in a letter they sent the company.

Senator Elizabeth Warren and Representatives Alexandria Ocasio-Cortez and Mark Pocan sent letters to five private equity firms -- including Apax Partners -- this week asking them to provide information about their stakes in correctional services, their revenue and if they’ve paid fees for violating federal or state laws.