Michael Greenberg was in college when Robert, who owned a women's apparel shop called L.A. Gear, started importing simple canvas sneakers to tap the aerobics craze in 1983.

FORBES: Magazine Article

Michael Greenberg was in college when Robert, who owned a women's apparel shop called L.A. Gear, started importing simple canvas sneakers in 1983 to tap the aerobics craze.

FORBES: Sole survivors

Several well-known companies have gone public through SPACs in recent years, including fashion retailer American Apparel, along with the well known New York cupcake chain, Crumbs Bake Shop.

FORBES: Why The Standard Private Equity Fund Is Losing Its Luster

Macaulay cofounded a multi-industry buyout shop in the mid-1980s, with the idea of investing in anything from apparel to pipelines.

FORBES: Magazine Article