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Mark Vandevelde

US Private Capital Correspondent

Mark Vandevelde is the US private capital correspondent at the Financial Times. He writes about Wall Street, focusing on Apollo, Blackstone and other “private capital” firms that are displacing banks and the stock market as engines of the US financial system. Before that, he was executive editor of the FT’s op-ed page. He began his career as a consultant at Bain & Company and an associate at Hg, the tech-focused European buyout firm.
Email Mark Vandevelde @markvdvd  on Twitter (link opens in a new browser window)

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  • Wednesday, 22 March, 2023
    Donald Trump
    Trump media Spac dismisses CEO and confronts delisting threat

    Digital World Acquisition terminates Patrick Orlando amid ‘unprecedented headwinds’

  • Monday, 20 March, 2023
    Banks in turmoil
    Turmoil shines light on lifeline provided by small US banks

    Crucial engine for American economy confronts rising cost of deposits and competition

  • Monday, 13 March, 2023
    ExplainerUS banks
    How Fed’s rescue package for US banks differs from 2008 bailouts

    Regulators have moved to bail out depositors of SVB and Signature Bank without the help of taxpayers

  • Saturday, 11 March, 2023
    On Wall StreetPrivate equity
    Highland court saga tests fact vs fiction

    Dallas judge’s novel that features a financier is raised in court battle

  • Monday, 30 January, 2023
    Blackstone Group LP
    Blackstone steps up tenant evictions in US with eye on boosting returns

    Hundreds affected as one of biggest US landlords calls time on long period of pandemic forbearance

  • Wednesday, 18 January, 2023
    White collar crime
    Defendant in ‘$100mn deli’ case arrested in Thailand

    Case centres on allegations of manipulating the share price of a sandwich shop in New Jersey

  • Saturday, 14 January, 2023
    On Wall StreetBlackstone Group LP
    Blackstone dealt a lesson in politics

    Court ruling over Stuy Town delivers blow to firm over Manhattan apartment complex

  • Friday, 30 December, 2022
    Donald Trump
    Donald Trump’s tax returns released to public in blow to re-election bid

    Filings shed light on ex-president’s personal and business dealings as he plans 2024 run

  • Thursday, 29 December, 2022
    News in-depthAmerican Equity Investment Life Holding Co
    How an insurer in Iowa became the most coveted asset on Wall Street

    American Equity’s chief executive battles to keep annuity provider independent as acquirers circle

  • Thursday, 29 December, 2022
    Goldman Sachs Group
    Goldman’s David Solomon says job cuts to come in January

    Investment bankers who survive cull could face bonus reductions of 40% or more

  • Tuesday, 20 December, 2022
    Trustbusters vs private equity
    Bitter medicine: PE moves into hospital ERs

    Buyout firms want a slice of US healthcare spend but face backlash from doctors and battles with insurers

  • Friday, 16 December, 2022
    Leon Black
    Leon Black seeks sanction against attorneys representing rape claims

    Billionaire financier’s motion says Wigdor law firm has made ‘unsubstantiated’ accusations

  • Monday, 28 November, 2022
    Leon Black
    Leon Black accused of raping woman at Jeffrey Epstein’s New York home

    Lawyer for Apollo founder says the allegations are ‘baseless’

  • Wednesday, 16 November, 2022
    Donald Trump
    Blackstone’s Schwarzman says he will not support Trump’s presidential bid

    Private equity chief follows Wall St megadonor Ken Griffin in abandoning former president

  • Saturday, 12 November, 2022
    Blackstone Group LP
    Blackstone-owned sanitation company ordered to stop using child labour

    US investigators allege workers as young as 13 employed in abattoirs in ‘oppressive’ conditions

  • Tuesday, 8 November, 2022
    Insurance
    Brookfield quits insurer’s board in dispute over Josh Harris’s venture

    Former Apollo executive’s 26North to manage funds for American Equity Investment Life

  • Friday, 4 November, 2022
    Tom Barrack
    Trump ally Tom Barrack acquitted on charges of acting as a foreign agent

    Prosecutors had accused Colony Capital founder of using his sway to influence US policy on behalf of UAE

  • Thursday, 20 October, 2022
    Leon Black
    Ex-NY prosecutor entangled in dispute over Leon Black lawsuit

    Former lawyer for Manhattan district attorney’s office joins firm representing Apollo founder

  • Thursday, 13 October, 2022
    Twitter Inc
    Twitter says Musk being investigated by US authorities

    Social media company’s disclosure in court filing comes amid battle over $44bn takeover

  • Monday, 26 September, 2022
    White collar crime
    Two arrested on fraud charges linked to ‘$100mn deli’ in New Jersey

    Sandwich shop became symbol of stock market exuberance after being singled out by David Einhorn

  • Monday, 19 September, 2022
    Tom Barrack
    Trial of Tom Barrack to open window on Trump’s freewheeling diplomacy

    Founder of Colony Capital denies charges he tried to influence foreign policy on behalf of UAE

  • Friday, 9 September, 2022
    Private equity
    Apollo veteran Josh Harris launches $5bn investment group

    Billionaire’s 26North venture to deal in private equity, credit and insurance

  • Thursday, 8 September, 2022
    Donald Trump
    Trump’s plan to take his media business public in jeopardy

    Executives of blank-cheque group loan company $2.9mn to keep prospect of stock listing alive

  • Wednesday, 7 September, 2022
    Kim Kardashian
    Kim Kardashian launches private equity firm

    SKKY Partners will target media and consumer sectors

  • Monday, 5 September, 2022
    CVS Health Corp
    CVS buys home healthcare group Signify Health for $8bn

    Amazon was among bidders for Texas-based company as operators in sector seek to diversify

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