Reporter for the @FinancialTimes in New York. Email me at [email protected]
New York, NY
Joined May 2013
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- Following440
- Followers3K
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Mark Vandevelde retweeted
NEW: BARBARIANS IN THE CORN- The biggest names in private equity are chasing a rando Iowa life insurer:
on.ft.com/3Vv04HK
Mark Vandevelde retweeted
NEW: In 2020, annuities seller AEL fended off hostile bid from Apollo/ Athene by selling stake to Brookfield.
Today, AEL buys stake in new Josh Harris venture and Brookfield and other AEL shareholders lose their mind. Story w/ @markvdvd @AntoineGara:
on.ft.com/3NPyfHW
Mark Vandevelde retweeted
New: Goldman Sachs and Kirkland & Ellis have paused new business with a London private equity group whose funding comes mostly from sanctioned oligarchs’ LetterOne investment group
@ft scoop w/ @AntoineGara @DanielThomasLDN @markvdvd
on.ft.com/37NO4hl
Mark Vandevelde retweeted
KKR handover. This is it, this is the line, right here >> on.ft.com/2X7yEzK
Mark Vandevelde retweeted
Dan Kamensky sentenced to 6 months in prison for his fraud in Neiman Marcus ch 11.
W/ @markvdvd our dispatch from the social distanced SDNY hearing:
on.ft.com/3bbGiwz
Mark Vandevelde retweeted
In which @matt_levine reviews @markvdvd's choice of cheesesteak joints, which also happens to have a market capitalisation of $100m. "If the shell-company reverse-merger-ing doesn’t work out, Hometown might have a lucrative future selling sandwiches to financial journalists."
I'm not afraid to roll up my sleeves and be an innovator. I'm viewed as a proponent of good newsletter in the region. bloomberg.com/opinion/articl…
Mark Vandevelde retweeted
Excellent stuff on the strange case of the $100m deli from @markvdvd with scoopy lines
- Duke and Vanderbilt are among biggest shareholders
- Key backer admits this walks like, swims like and quacks like a Spac
- Plus original 📷 😋
ft.com/content/4a6d0864-eb26…
Mark Vandevelde retweeted
The rationale and background of the $30 billion merger between Apollo and its insurance affiliate Athene $APO $ATH on.ft.com/3c89m9p
Mark Vandevelde retweeted
Just published: front page of the Financial Times international edition Tuesday March 9 on.ft.com/30CrNwp
Mark Vandevelde retweeted
Apollo is merging with Athene, creating a $30bn conglomerate that leases aircraft, lends to hospitals, and sells life insurance – as well as running massive PE funds.
ft.com/content/e9ba5f23-9777…
It follows investor discontent that started with a 2018 investigation by @sindap and me
Mark Vandevelde retweeted
Some of the most powerful financiers on Wall Street are at war over a planned three-way merger and what's at stake is some of the most closely held trade secrets in private equity.
Story w/ @markvdvd @sindap
ft.com/content/aba984af-9c8a…
Mark Vandevelde retweeted
Private equity groups sold a stake in SolarWinds to a public pension fund, just days before the US said it was targeted in a massive "nation-state" hack and its shares tumbled
Full story w/ @markvdvd
ft.com/content/d98cd68d-774b…
Mark Vandevelde retweeted
NEW: Democrats have launched an investigation into whether Jared Kushner’s desire to secure a billion-dollar rescue for a skyscraper owned by his family played a role in Trump’s decision to support a Saudi-led blockade of Qatar.
Per @markvdvd: ft.com/content/f314e002-7ed4…
Mark Vandevelde retweeted
Exclusive: Democrats in the US Congress launched an investigation into whether Jared Kushner’s desire to secure a billion-dollar rescue for a skyscraper owned by his family played a role in Donald Trump’s decision to support a Saudi-led blockade of Qatar on.ft.com/2K6TZSS
Mark Vandevelde retweeted
taylor vs private equity, revisited:
Shamrock said it had “hoped to formally partner” with her. she's already working on devaluing their investment. ft.com/content/431f7d0d-f2a6…
Mark Vandevelde retweeted
A hedge fund manager was on a crusade to expose what he believed were corrupt arrangements in distressed companies that were PE-owned only to then be hoisted by his own petard.
Today’s FT Big Read on the Neiman Marcus ch 11 saga from @markvdvd and me:
on.ft.com/3juHjlE
Mark Vandevelde retweeted
Our April 4 story on the Rowan proposals: nytimes.com/2020/04/04/busin… w @jeannasmialek @arappeport
Mark Vandevelde retweeted
Good read on how Apollo refashioned itself after the financial crisis into the huge lender that it is today - and how co-founder Marc Rowan approached Jared Kushner, among others, w his recent credit-asset bailout proposals ft.com/content/6fce9808-84ab… via @financialtimes
Mark Vandevelde retweeted
This is a big story.
The private equity industry expects to have access to the US gov bailout for its portfolio companies. Heavy lobbying underway by some of the biggest names in the business.
Details via @JFK_America @markvdvd @sindap @JamesPoliti
ft.com/content/bf973569-eeed…
