Mark Vandevelde

I write about America’s most powerful business people, focusing on Wall Street and private equity.

After starting my career at Bain & Company in London, I worked for several years at Hg, the tech-focused private equity firm. I joined the Financial Times in 2013, initially as executive editor of the op-ed page.

Here is some of my reporting for the FT’s “Big Read” and Weekend Magazine sections.

I’m always looking for stories. Email me at [email protected] or [email protected].


Stories

A billionaire bought a lobster shack in the Hamptons. Then the trouble began

The sleepy Long Island hamlet of Montauk and its beloved Lobster Deck resisted gentrification for decades. Enter Wall Street heavyweight Marc Rowan.

The strange case of the ‘$100,000,000 deli’ and the elite colleges that own a slice

A tiny sandwich shop in New Jersey is the most intractable mystery in US financial markets – or it was, until I tracked down its owners at a hedge fund in Hong Kong.

Brookfield’s triangular jigsaw puzzle

It is a name that towers over the global investment industry, yet what exactly it is, and how it operates, is maddeningly difficult to ascertain.

A credit crunch ruined Mark Wahlberg’s favorite workout

Muscle-shredding resistance exercises, a Hollywood movie star, and an off-balance sheet financing ploy involving Fortress Investment Group.

Leon Black’s downfall confounds the legacy of #MeToo on Wall Street

How America’s legal system twisted one woman’s allegations of sexual misconduct into a fight between two powerful men.

Peter Williams of Jack Wills on the joy he gets from ploughing

The founder of the private equity-backed clothing label taught me how to drive a tractor in a straight line – and explained how brands create obsessions.

The generational feud over Apollo’s ‘shadow bank’

Imran Siddiqui helped invent one of the slickest money-making machines in financial history. Then he got into a legal fight with his ex-boss.

A suspect in the US college bribery scandal had a plan to save capitalism

Bill McGlashan had tried everything from dotcom startups to selling cholesterol pills. On Richard Branson’s private island, he reinvented himself as a social visionary.

One house tells the story of America’s brutal economic recovery

418 Homeplace Drive was one family’s dream. It is also a microcosm of the recklessness behind the financial crisis, and the fragile stability that followed.