Two of Wall Street’s most aggressive investment firms are battling over the control of a troubled ecommerce start-up, underlining how even companies buckling under high interest rates and a weakening economy remain prime targets for creative financiers. Vacasa, a publicly […]
Silver Lake and Davidson Kempner face off over ecommerce start-up Read More »
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. The Securities and Exchange Commission is seeking to dismiss its complaint against Silver Point Capital, a credit hedge fund
SEC withdraws complaint against hedge fund Silver Point Capital Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A federal appeals court has invalidated a controversial corporate debt restructuring manoeuvre, ruling a lower bankruptcy court erred in its
US appeals court rejects controversial debt restructuring manoeuvre Read More »
Public debt markets are more opaque and concentrated than equity markets. Does that make them more prone to securities fraud? The SEC might be trying to find out. On Friday, MainFT brought you the tale of Silver Point Capital, a
The SEC’s distressed debt dragnet Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A prominent Connecticut hedge fund has been accused by US market regulators of failing to consistently supervise a well-known lawyer
Silver Point accused by SEC of failing to monitor star lawyer Read More »
Maybe it is a Drexel thing, but two of FT Alphaville’s favourite tour guides on the evolution of high finance are Marc Rowan and Ken Moelis (both went to Wharton in the early 1980s and, after graduation, ended up at
Ken Moelis, Unplugged in New York Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A judge in Delaware on Monday rejected Tesla’s attempt to restore Elon Musk’s $56bn pay package after previously striking it
Tesla loses bid to restore Elon Musk’s $56bn pay package Read More »
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning, this is Sujeet
Private credit’s latest contraption Read More »
After his speech to last month’s Democratic National Convention, President Joe Biden flew off for a holiday near Santa Barbara, California. His host was Joe Kiani, a billionaire medical device entrepreneur whose flagship pulse oximeter designs were good enough to
Billionaire medical tech entrepreneur faces rare board removal vote Read More »
