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McNally Capital's Controversial Ties with Gaza Aid Operations
- On Thursday, the Gaza Humanitarian Foundation resumed aid distribution at sites in Gaza secured by Israel Defense Forces soldiers after a one-day pause on Wednesday.
- The pause followed deadly shootings near the sites on Tuesday that killed at least 27 Palestinians, while Hamas opposed the GHF aid effort and falsely blamed Israel for the violence.
- The Gaza Humanitarian Foundation has delivered nearly 8.5 million meals without incident since last week, insisting it has improved security and site maintenance to ensure safe aid delivery.
- An investment group connected to the family that founded Rand McNally holds a financial stake and provides advisory support to Safe Reach Solutions, a logistics company led by former CIA officer Phil Reilly that assists with operations for the Gaza Humanitarian Foundation.
- The involvement of McNally Capital and the militarized aid model attracts scrutiny amid wider conflict, raising concerns over privatization and neutrality from the United Nations and other aid groups.
14 Articles
14 Articles
Chicago private equity firm has stake in controversial U.S.-backed Gaza aid operation
McNally Capital has an 'economic interest' in the logistics company, SRS, involved in a controversial new aid distribution operation in Gaza. SRS has been under scrutiny, due to large amounts of funding coming from an unconfirmed source
The New Arab
MSNChicago private equity firm has stake in Gaza aid company
A Chicago-based private equity firm - controlled by a member of the family that founded American publishing company Rand McNally - has an "economic interest" in the logistics company involved in a controversial new aid distribution operation in Gaza. McNally Capital, founded in 2008 by Ward McNally, helped "support the establishment" of Safe Reach Solutions, a McNally Capital spokesperson told Reuters. SRS is a for-profit company established in …
McNally Capital's Controversial Ties with Gaza Aid Operations
McNally Capital's Controversial Ties with Gaza Aid Operations McNally Capital, a private equity firm stemming from the legacy of American publishing company Rand McNally, is facing scrutiny over its economic ties with a logistics company embroiled in geopolitical tensions. Safe Reach Solutions (SRS), which has been linked with aid distribution in Gaza, is partially backed by McNally Capital.SRS is under the leadership of Phil Reilly, a former CI…
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