David Tepper to Return Billions Back to Investors: Report
November 25, 2014 at 06:05 AM EST
Billionaire money manager David Tepper is having a tough year. According to a report from Institutional Investor Alpha, Tepper’s $20 billion Short Hills, NJ-based Appaloosa Management will return between 10% and 20% of investor assets by the end of 2014. This means the firm will give back roughly $2 billion to $4 billion to clients. The report […] View the full post at: David Tepper to Return Billions Back to Investors: Report Related posts: John Paulson Quietly Snapping Up Citigroup Shares: Report BIS Report Warns that Main Problems Have Not Been Solved Leverage Doesn’t Kill Investors, Bad Investments Do