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Hedge fund manager David Tepper plans to send investors’ money back

BOSTON (Reuters) – Billionaire David Tepper plans to turn his hedge fund Appaloosa Management into a family office where he will invest his personal fortune and return capital to outside clients at some point, a person familiar with his plans said on Thursday.... More »

David Tepper’s Appaloosa bought and sold Valeant shares in first quarter

NEW YORK David Tepper’s hedge-fund firm Appaloosa bought nearly 1 million shares in Valeant Pharmaceuticals International Inc in the first three months of 2016, according to regulatory filings, but sold them during the first quarter. Shares of Valeant jumped 2... More »

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