Category Archives: Southern Cross

Private equity and residential care

The Southern Cross/Care Home saga looks like it could become a tragedy – for residents, employees, families and others. The story though is much wider than one provider. The Municipal Journal has quoted some research by ¬†UNISON that makes worrying and startling reading. Southern Cross is not the only provider under real pressure. I’ve also attached a link to the Blackstone website, if only because many readers might ¬†not yet have looked into Blackstone’s part more deeply. It’s worth a look. http://www.blackstone.com/cps/rde/xchg/bxcom/hs/newsandviews_2011-6-2-1.htm The MJ article on UNISON’s report says in relation to venture capital’s involvement: Causes at the heart of… Read more
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