Hedge Crunch FinancialAppaloosa Management
Investors Take A Bite Out of FANG
Acronym lovers will most likely be searching for another letter to replace the “F” in “FANG” since Facebook’s 19% plunge in value last week. FANG is an abbreviation created by Jim Cramer of “The Street” several years ago as a quick way to refer to Wall Street’s best and brightest: Facebook, Amazon, Netflix and Google. […]
Top 25 Fund Managers Earned $15.38 Billion Collectively in 2017
Hedge funds seem to be rebounding from their years-long slump, with 2017 being spectacularly lucrative for the extremely lucky few. Four hedge fund managers realized personal annual earnings topping the one-billion-dollar mark, an astronomically good years wages by anyone’s standards. Those four include James Simons of Renaissance Technologies with a sweet $1.7 billion; David Tepper […]
Hedge Funds Falter as End-of-Summer Numbers Arrive
Hedge funds seem to be showing a positively lackluster performance as summer winds down and Labor Day celebrations get underway. A review of how some of the biggest names in hedge funds are doing shows the answer is “not too good” while, for comparison, the broader stock market arena is already surging with 8 percent […]
David Tepper of Appaloosa to Be Highest Paid Manager in 2013
Founder of Appaloosa Management, David Tepper, will most likely be the highest paid hedge fund manager for 2013, bringing in an estimated $3 billion in personal income. This achievement is made even more impressive by the fact that last year Tepper nurtured his fund to a 30 percent gain with a personal pay-off for himself […]
Company Spotlight: Appaloosa Management
Appaloosa Management is an employee-owned hedge fund established in 1993 by David Tepper and Jack Walton in New Jersey, USA. Appaloosa Management runs four investment firms, including its offshore Palamino Fund LTD, two versions of the Thoroughbred fund, both offshore and onshore, and its leading fund, Appaloosa Investment. The firm invests in both public equity […]