David Tepper's Appaloosa gains 101.8% through August

Assets have soared, rising to $8 billion as of July 1, from $5 billion on January 1.

September 24, 2009

Distressed investor David Tepper is back, and back big. After his flagship Appaloosa fund lost roughly 26% last year—mostly in the first half—Appaloosa is now running fast, returning 101.8% through August. It’s a result that brings the fund back far above its high-water

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