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Another Turnaround for Tepper as Appaloosa Posts Big Gains

The Short Hills, New Jersey–based manager seems to be following his usual script of putting up big numbers right after a period of disappointing performance.

       David Tepper, Appaloosa Management (Bloomberg) The typical David Tepper turnaround is apparently under way. Tepper’s Palomino fund surged more than 5 percent last month, its second consecutive strong monthly return this year. As a result, the offshore fund managed by Tepper’s Short Hills, New Jersey–based hedge fund firm Appaloosa Management is up

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