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David Tepper’s Foundations Invested with These Fund Managers

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Michelle deBoer-Jones
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David Tepper's Favorite Funds Foundations
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Most hedge fund managers know which other managers they trust with their millions or billions, but it’s a real challenge determining which managers each one trusts. However, a great way to figure this out is to look at the manager’s charitable foundation to see where they invest to grow the pot of money they have available to donate.

David Tepper of Appaloosa Management is one of the many hedge fund managers who has his own foundation, which he uses to dole out some of the fruits of his labors. In fact, he’s involved with two foundations: The Tepper Foundation and Appaloosa Management Charitable Foundation.

The Tepper Foundation “support[s] organizations working on the frontlines to expand opportunity — from promoting...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.