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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, Little & Company was an American private equity firm, specializing in leveraged buyouts (LBOs). At its peak in the late 1990s, Forstmann Little was among the largest private equity firms globally. Ultimately, the firm would suffer from the bursting of the internet and telecom bubbles, having invested heavily in technology and ...
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 said.
Founder of Forstmann & Co. Founding Partner of Instinet. Julius Anthony "Tony" Forstmann (May 22, 1938 - January 31, 2023) was an American financier. He is one of the founding partners of Forstmann-Leff & Associates, one of the first hedge funds in the United States, along with Joel B. Leff. He was an original investor in Forstmann Little and ...
A federal appeals court has reversed the conviction of a researcher who was accused of hiding work he did in China while employed at the University of Kansas. Feng “Franklin” Tao was convicted ...
IMG (company) IMG, originally known as the International Management Group, is a global sports, fashion, events and media company headquartered in New York City. [ 1] The company manages athletes and fashion celebrities; owns, operates and commercially represents live events; and is an independent producer and distributor of sports and ...