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Billionaire David Tepper plans to turn his hedge fund into a family office so...
Billionaire David Tepper will reportedly return investor money and turn his hedge fund Appaloosa Management into a family office. The fund manages roughly $13 billion, a good portion of which is...
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Hedge funds are failing left and right and billionaire investors say the...
Hedge funds got out to a roaring start in 2019, but have slipped since, with the average fund underperforming the overall market.Investors, many of whom put up with net losses in their hedge fund...
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Bridgewater's Ray Dalio struggled with finding his successor. For billionaire...
Big names like David Tepper and Leon Cooperman have opted to close their hedge funds instead of transitioning their business to new management, but investors see more and more founders planning for...
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The 20 richest billionaires who own sports teams
Billionaires often make extravagant purchases — like buying their own sports team.CEOWORLD magazine recently ranked the 20 wealthiest owners of major league sports teams in the US. They have a...
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Hedge funds had a tough go of it in 2019 — here are 7 biggest names that...
The $3.3 trillion hedge fund industry saw several big names call it quits in 2019, as Appaloosa founder David Tepper and Moore Capital chief Louis Bacon both decided to turn their funds into family...
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The hedge fund landscape shrinks for a 5th straight year as investors rebel...
The hedge fund industry saw more closures than openings for the fifth year in a row in 2019, Bloomberg reported Monday, citing data from Hedge Fund Research Inc.Investors are quickly fleeing the...
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Coronavirus fallout 'certainly ruined the environment' for market bulls,...
The threat coronavirus poses to global markets "certainly ruined the environment" for long-term investors, Appaloosa Management founder David Tepper told TheStreet on Saturday.The billionaire told CNBC...
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David Tepper bought the beaten-down stock of a satellite company amid its FCC...
Star hedge fund manager David Tepper penned a letter to satellite provider Intelsat's board Tuesday, pressuring leadership to negotiate better terms in a deal it's facing with the FCC.In the deal,...
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Billionaire Carolina Panthers owner David Tepper is backing a new hedge fund...
Aaron Weitman, a long-time partner at Appaloosa Management and founder David Tepper's nephew, is launching his own hedge fund, CastleKnight Management, on July 1.The new fund, which Tepper is expected...
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Billionaire investor David Tepper says the stock market is the most...
The billionaire investor David Tepper said on Wednesday that the stock market was "maybe the second-most overvalued" he'd ever seen, behind only the market in 1999.In an interview on CNBC's "Halftime...
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Why individual investors shouldn't take their cues from billionaire...
As billionaire investors make the rounds on CNBC and other outlets, sharing their views on the stock market, one top financial adviser says everyday investors shouldn't act on what they say.Josh Brown,...
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Warren Buffett, George Soros, and other billionaire investors made big moves...
Billionaire investors including Warren Buffett and George Soros made striking changes to their portfolios last quarter.David Einhorn's Greenlight Capital took a stake in Disney, Dan Loeb's Third Point...
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Hedge funds are in uncharted waters right now. Here's how 12 billionaires...
No crisis is the same, and there are significant differences between the recession in 2008 and the coronavirus pandemic of 2020 — but for many hedge funds, this is the first sustained economic...
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Robinhood traders are betting against veteran billionaire investors like...
There has been a surge in retail-trading activity since COVID-19 stay-at-home orders swept the nation.Part of the increase in trading activity by retail investors has been chalked up to sports bettors...
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These were the top 10 stocks in billionaire investor David Tepper's hedge...
Since the start of the COVID-19 pandemic, David Tepper has been wary of the market and its recent strength.In May, Tepper said the stock market was the most overvalued in history, second to the dot-com...
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Wall Street heavyweights profited as the market melted down in February after...
Summary List PlacementWall Street investors knew of private concern about the coronavirus within the Trump administration and used the knowledge to position for the following market plunge, The New...
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David Tepper is reportedly buying a $73 million mansion in Palm Beach as Wall...
Summary List PlacementDavid Tepper is reportedly planning to buy a $73 million mansion in Palm Beach, the latest Wall Street billionaire to decamp to Florida. According to The Wall Street Journal's...
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Billionaire hedge fund manager David Tepper said Amazon's stock looks...
Summary List PlacementDavid Tepper told CNBC Amazon's stock price looks attractive at current levels. The e-commerce giant is hovering near a five and a quarter month low. Tepper said he likes Amazon...
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A new hedge fund, David Tepper-backed CastleKnight Management, has crushed...
Summary List PlacementCastleKnight Management hasn't wasted any time since it began trading last October. In six months, the David Tepper-backed firm has surged 63.2%, a source familiar with the firm...
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Ray Dalio, Al Gore, and 8 other Alibaba investors may have seen $1.4 billion...
Summary List PlacementAlibaba's US-listed shares have plunged by more than 25% to a record low since the end of June, as investors continue to dump Chinese stocks in response to mounting regulatory...
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