Forstmann Little & Company
Forstmann, an attorney, founded Forstmann Little in 1978 with his younger brother Nicholas, and Brian Little. Forstmann's second brother, J. Anthony Forstmann, founded ForstmannLeff.
Under Forstmann's leadership, Forstmann Little & Company made 31 acquisitions and significant investments and returned more than $15 billion of profits to investors. In addition to IMG, some of the firm's investments include Gulfstream Aerospace, Dr. Pepper, The Topps Co., Stanadyne Corp., Community Health Systems, Ziff Davis, Yankee Candle, General Instrument Corporation, and most recently, Citadel Broadcasting and 24 Hour Fitness.
Read more about this topic: Theodore J. Forstmann
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