Private-Equity Owned Home Care Provider Abruptly Leaves 1,100 Clients Without Services

HUNTSVILLE, Ala. – When Help at Home abruptly left Alabama last fall, nearly 800 caregivers were gone, leaving 1,100 older and disabled clients in need of replacement of services. The company cited the challenging “reimbursement and regulatory environment” in the state as the reason for its departure. According to Kristen Trenaman, the company’s vice president of public relations, the issue was in recruiting and retaining enough workers. Debra Davis, deputy commissioner for the Alabama Department …

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Private-Equity Funds Face Challenges as Pensions Hit Rough Patch

New York City, NY – Pension funds and private-equity firms are facing challenges as their once-happy partnership seems to be hitting a rough patch. The relationship between pensions seeking high returns and private-equity funds promising lucrative investments are starting to show signs of strain, marking a shift in the financial landscape. As the economy continues to evolve, pension funds are increasingly turning to private-equity funds in search of higher gains. However, recent developments suggest that …

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