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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 ...
Nov 21, 2011 · Nov. 20, 2011. Theodore J. Forstmann, a colorful financier and philanthropist who helped pioneer leveraged buyouts, died on Sunday at his home in Manhattan. He was 71. The cause was brain cancer ...
- Andrew Ross Sorkin
Nov 20, 2011 · Theodore J. Forstmann , a colorful financier and philanthropist who helped pioneer leveraged buyouts, died on Sunday at the age of 71. The cause was brain cancer, his spokesman said. Mr. Forstmann, who lived in Manhattan had been diagnosed with a malignant glioma earlier this year. Mr. Forstmann was among the very first executives to use debt ...
Theodore J Forstmann, one of Wall Street's biggest personalities and pioneer of leveraged-buyout craze of 1980's and 90's, says he will leave business he helped create because he has done it long ...
Nov 21, 2011 · Nov 21, 2011, 8:48 AM PST. Teddy Forstmann pioneered private equity in the late 1970s and 80s. He was the first man to use borrowed money to buy a company, fix it, and then sell it for profit ...
- Linette Lopez
Nov 20, 2011 · 4:28 p.m. | Updated Over his more than 40 years as a financier and philanthropist, Theodore J. Forstmann rubbed shoulders with prominent figures from the worlds of Wall Street, Washington and Hollywood alike. With the news that Mr. Forstmann died on Sunday at age 71, some of those people are offering their memories of the mogul.
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Theodore J. Forstmann—known to his many friends as Teddy—was a business pioneer, a philanthropist, a thought leader and a ladies’ man, and also a fanatical competitor who hated losing ...
