David Tepper’s Appaloosa Rebounds Sharply after Losing 2011

After losing 3.5 percent in 2011, David Tepper’s Appaloosa Management’s funds were up more than 4 percent in December alone and 30 percent for 2012.

david-tepper-homepage.jpg

David Tepper’s Appaloosa Management was one of the best performing hedge funds in 2012.

Its funds were up more than 4 percent in December alone and 30 percent for the year, net of fees. Its gross return was 38 percent, according to a source with knowledge of the firm.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related