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Tepper and his wife contributed $10,400 to 2013 Jersey City mayoral candidate Steve Fulop. According to the Jersey Journal on October 24, 2012, "David Tepper, the billionaire who supports tenure reform and charter schools, contributed $10,400 to Fulop's council candidates, while Tepper's wife gave the team an additional $10,400."
The David & Nicole Tepper Foundation, with the Carolina Panthers and Charlotte FC, has pledged an initial commitment to provide relief for those impacted by Hurricane Helene in the Carolinas.
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In 1993, David Tepper and Jack Walton, founded Appaloosa Management, an employee-owned hedge fund, in Chatham, New Jersey. [4] [5] Throughout the 1990s, the firm was known as a junk bond investment boutique, [6] and through the 2000s it was known as a hedge fund. [7]
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Tepper, who runs the $6 billion hedge fund Appaloosa Management, highlighted US casinos that have exposure to China, like Wynn Resorts and Las Vegas Sands, as well as companies that are exposed to ...
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