Entity Dossier
Company
Forstmann Little
Strategic Concepts & Mechanics
Strategic PatternProfitable Service Over Growth for GrowthOperating PrincipleIncorporating Problem Causers Into SolutionsCapital StrategyMoral Obligation Bond InnovationStrategic PatternBear Hug Takeover StrategySignature MoveRelationship Banking Over Transaction FocusSignature MoveGovernment Partnership During Business CrisisSignature MoveTheater in High-Stakes NegotiationsDecision FrameworkSquare Pegs Into Round HolesSignature MoveCrisis Action Before Complete Data
Primary Evidence
"Ted Forstmann opposed junk bonds with an almost religious fervor. His financing apparatuses involved straight subordinated debt, and this resulted in a more conservative structure for his management and his investors. Nevertheless, Forstmann Little’s returns to its investors were remarkable, the equal of the KKR deals financed by Drexel and Milken’s junk bonds."
Source:Dealings
"Forstmann Little entered the bidding. Teddy Forstmann was Henry Kravis’s strongest rival and most severe critic. If they went head-to-head on RJR, I knew it would be an all-out war."
Source:Dealings
"Forstmann Little, an investment group headed by Ted Forstmann,"
Source:Dealings