Andalusian Private Capital (David Tepper Family Office)

Andalusian Private Capital (David Tepper Family Office)

Andalusian Private Capital operates as the investment and advisory arm of David Tepper's wealth, sharing a New York headquarters with his hedge fund Appaloosa Management. Co-founders Jeffrey Kaplan and Nicholas Savasta, both from blue-chip alternative asset backgrounds—Kaplan as former COO of Appaloosa, Savasta as a managing director at MSD Partners—lead the platform alongside Executive Chairman Roger W. Ferguson Jr. The firm targets private equity and co-investments, private credit, and M&A advisory, deploying over $2.8 billion in commitments across diverse industries. Its investment posture spans direct deals, co-investments alongside GPs, and structured financing solutions, with a focus on flexible, creative capital. Confirmed relationships include partnering with Appaloosa Management, which shares personnel and office space (Altss estimate). Geographic focus centers on North America. Andalusian has six named professionals in leadership roles, including Aaron Kless as CEO and CIO of Andalusian Credit Partners. The Tepper Foundation serves as the philanthropic vehicle, separate from the investment platform. A Short Hills, New Jersey office houses Andalusian Sports Advisors. Roger Ferguson, a former Federal Reserve vice chairman, brings governance depth through memberships in the Council on Foreign Relations and Economic Club of New York. A structural differentiator is the firm's integrated platform combining private equity, credit, and advisory under one roof—a model more common among multi-strategy asset managers than family offices. This architecture, paired with direct ties to Appaloosa Management's trading and risk expertise, gives Andalusian a hybrid sourcing and execution advantage over traditional single-family offices.