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Appaloosa Lp
Appaloosa LP is an SEC-registered investment adviser in Short Hills, NJ, registered since 2015. The firm manages $20.4 billion in assets. It has 21 employees...
Appaloosa Lp
Appaloosa LP is an SEC-registered investment adviser in Short Hills, NJ, registered since 2015. The firm manages $20.4 billion in assets. It has 21 employees and 12 investment advisers.
General information
Firm type
RIA
Year founded
1993
Location
Region
North America
Country
United States
City
Short Hills
Corporate office
Short Hills, NJ, United States
Additional offices
New York, NY, United States · Miami, FL, United States
Principals
David Tepper
Founder and President
Sector focus
Frequently asked questions
How does Appaloosa source proprietary deal flow?
Appaloosa sources through its deep relationships in distressed-debt markets, often taking positions in bankruptcies and stressed companies. Tepper's reputation for decisive action attracts counterparties. The firm also generates ideas from its own research on capital structure inefficiencies.
Does Appaloosa participate in fund commitments or only direct deals?
Appaloosa historically used a hedge fund structure and now makes direct investments in distressed debt, private credit, and special situations. It does not commit to external limited-partner funds, as it manages only Tepper's capital.
What investment stages does Appaloosa typically target?
Appaloosa focuses on distressed situations, often in bankruptcy or restructuring. It targets companies with stressed balance sheets where it can take concentrated positions across multiple layers of capital.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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