With private equity funds rolling up small providers and building corporate chains in industries from nursing homes to family doctors’ practices, alarm bells are sounding across the care economy about the harm being wrought on families, communities, and care workers. Join the Open Markets Institute, National Women’s Law Center, and Community Change on June 24 at the Eaton Hotel for an all-day event, “Children Before Profits: Addressing the Risks of Private Equity in the Child Care Industry,” as we discuss how policymakers and advocates can build market and policy guardrails to prevent this industry from falling prey to the same fate.
At the event, NWLC and Open Markets will release a new report outlining a policy strategy to guard the child care industry against financialization and corporate capture. As the consensus grows about the importance of increasing public funding for child care, the report will also examine in depth the risks associated with private equity capture of public dollars; the market structures preventing child care businesses from supplying sufficient affordable care to American communities; and the policy and market solutions it will take to build a child care system that centers children and families.
The event will also feature remarks from leading elected officials, advocates and organizers, regulators, and researchers on these topics, with a goal of providing a forum to educate a broad set of stakeholders, build momentum and attention for this issue, and facilitate relationships between stakeholders working in different parts of the movement.
WITH REMARKS FROM
- Sen. Elizabeth Warren - U.S. Senator (D-Mass.)
- Rep. Sara Jacobs - U.S. Congresswoman (D-CA)
- Rebecca Slaughter - FTC Commissioner
- C. Kirabo Jackson - Professor and Member of the Council of Economic Advisers
...more to come!
