Appaloosa’s David Tepper Among Hedge Fund Managers Buying Alibaba

The firm was among the hedge fund firms that got in on the Chinese e-commerce company’s hotly anticipated IPO, though it’s unclear how much it was able to buy.


Peter Foley

David Tepper, Appaloosa Management (Bloomberg)

David Tepper’s Appaloosa Management was among the many hedge funds to buy Alibaba Group Holding at the highly anticipated initial public offering of the Chinese e-commerce giant, according to a person close to Appaloosa.

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