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David Alan Tepper (born September 11, 1957) is an American billionaire hedge fund manager. He is the owner of the Carolina Panthers of the National Football League (NFL) and Charlotte FC in Major League Soccer (MLS). Tepper is the founder and president of Appaloosa Management, a global hedge fund based in Miami Beach, Florida.
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]
On January 25, 2024, the team agreed to terms with Buccaneers offensive coordinator Dave Canales as the seventh head coach in franchise history Thursday. "Dave's background is rooted in success," Panthers owner David Tepper said. "He has an innovative mindset and positive energy that connects well with players and staff.
David Tepper owns the NFL's Carolina Panthers and the Charlotte FC of Major League Soccer too. (Perry Knotts/Getty Images) (Perry Knotts via Getty Images)
David Tepper of Appaloosa Management just sold 3.7 million shares of Nvidia.
In the first quarter, billionaire David Tepper of Appaloosa Management opened a new position in JD.com (NASDAQ: JD) stock, buying 3,649,863 shares. The Chinese tech stock is down by 72% from the ...
Carolina Panthers owner David Tepper (pictured in 2006) submitted the expansion bid for Charlotte FC in 2019. David Tepper, who had purchased a 5% stake in the Pittsburgh Steelers in 2009, became the owner of the National Football League's Carolina Panthers in July 2018 and suggested his interest in bringing Major League Soccer to Charlotte.
Tepper previously fired Ron Rivera after a 5-7 start in 2019 and Matt Rhule after going 1-4 last season. Panthers owner David Tepper defends lack of patience, decision to draft Bryce Young No. 1 ...