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Theodore Joseph Forstmann (February 13, 1940 – November 20, 2011) was one of the founding partners of Forstmann Little & Company, a private equity firm, and chairman and CEO of IMG, a global sports and media company. [2] A billionaire, Forstmann was a Republican and a philanthropist. He supported school choice and funded scholarship programs ...
Forstmann and the late John Walton met as donors to the Washington Scholarship Fund (WSF), founded in 1993 to provide scholarships for low-income families in Washington D.C. When more than 8,000 applications applied to WSF for the 1998-99 school year the two men realized there was substantial demand among poorer families for alternatives to the ...
Forstmann was a founding partner and investor in Instinet, the first electronic trading platform. Forstmann Little & Co. Forstmann was an original investor in Forstmann Little & Company in 1975 with his two brothers, Theodore J Forstmann (Ted) and Nicholas C Forstmann (Nick). At its peak, the company was one of the largest private equity firms ...
On Monday, global sports and media behemoth IMG announced the death of its chairman and CEO, Theodore J. "Ted" Forstmann, from brain cancer. Forstmann, born in 1940, was a former investment banker ...
Conrad was a 20-year-old bank teller at the Society National Bank in Cleveland when he walked out at the end of his workday on a Friday in 1969 with a paper bag containing $215,000, authorities ...
Ruttenberg arranged funding for Forstmann, who launched Forstmann Little & Company in 1978. The company was founded by brothers Ted and Nick Forstmann, and Brian Little. With the deaths of Brian Little and Nicholas Forstmann in 2000 and 2001, respectively, Ted Forstmann was the chief partner. A third brother, J. Anthony Forstmann, is a limited ...
Nicholas Curt "Nick" Forstmann (January 15, 1947 – February 2, 2001) was one of the founding partners of Forstmann Little & Company, a private equity firm . After attending The Lawrenceville School, Forstmann graduated from Georgetown University in 1969, and began working at the Morgan Guaranty Trust Company. In 1975, Forstmann joined ...
Dave Calhoun, Sigma Alpha – Boeing. James Boorman Colgate, Mu – Colgate-Palmolive. Donald Fisher, Theta Zeta – founder and past chairman of Gap Inc. Theodore J. Forstmann, Phi – financier, subject of the book and movie Barbarians at the Gate: The Fall of RJR Nabisco.