Founded in 1993 by David Tepper and Jack Walton, Appaloosa Management L.P. is a multi-strategy hedge fund manager headquartered in Miami Beach, Florida. The firm is renowned for its expertise in investing in the public equity and fixed income markets, with a particular focus on distressed debt, special situations, and event-driven strategies. Appaloosa has built a reputation for making bold, often contrarian, bets and has delivered significant returns for its investors, which primarily consist of high-net-worth individuals, pension funds, and other institutional clients.

Founded in

United States