Diossa Invested $30 Million of Pension Funds in a Firm Linked to Algorithm-Driven Company Tied to Rent Increases
Starting in 2022, investigations, lawsuits, and Congressional reviews targeted RealPage, an algorithm-driven software company accused of driving up rental costs nationwide. The company RealPage is owned by Thoma Bravo.
As investigations and allegations mounted, Rhode Island General Treasurer James Diossa green-lighted a $30 million investment by the Employees’ Rhode Island Retirement Fund in Thoma Bravo in 2024.
Diossa refuses to answer questions about the investment…