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David Tepper’s Appaloosa Is Latest Firm to Return Investors’ Money

Tepper’s firm will return up to $2 billion in an effort to keep the firm’s funds at an optimal size.

       Appaloosa founder David Tepper. Photo: (Bloomberg News)David Tepper’s Appaloosa Management is the latest high-profile hedge fund firm planning to return money to investors. The Short Hills, New Jersey-based firm expects to give back between $1.5 billion and $2 billion, according to people with knowledge of the firm. Both limited partners

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