# Appaloosa Lp

Appaloosa Lp is a RIA based in Short Hills, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Short Hills, United States
- **Region:** North America
- **Address:** Short Hills, NJ, United States
- **Founded:** 1993
- **Assets under management:** $10B - $20B (Altss estimate)
- **Website:** appaloosamanagement.com
- **LinkedIn:** https://www.linkedin.com/company/appaloosa-management-l-p-

## Regulatory record

- **CRD number:** 281909
- **SEC file number:** 801-106869
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/281909

## About

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.

## Sectors

- Distressed Debt
- Hedge Funds
- Private Credit
- Special Situations

## Offices

- New York, NY, United States
- Miami, FL, United States

## People

- David Tepper — Founder and President

## 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.

## Related profiles

- [Q CELLS](https://altss.com/profile/q-cells)
- [TouchBistro Inc.](https://altss.com/profile/touchbistro-inc)

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Last updated: 2026-07-06T01:24:11.460Z

Canonical page: https://altss.com/profile/appaloosa-lp

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