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'''Appaloosa Management''' is an [[employee-owned]] [[hedge fund]] founded by [[David Tepper]] and Jack Walton located in [[Chatham, New Jersey]].<ref name="BusinessWeek" /><ref name="100hedgefunds">{{cite web |url=http://media.ft.com/cms/7705e2e6-f735-11db-86b0-000b5df10621.pdf |title=100 Hedge funds to watch |publisher=www.ft.com |accessdate=2010-04-22 }}</ref>. Appaloosa invests in [[public equity]] and [[fixed income]] markets globally with a focus on "equities and debt of distressed companies, bonds, exchange warrants, [[options (finance)|options]], [[Futures contract|futures]], notes, and [[junk bond]]s."<ref name="BusinessWeek" /> According to [[BusinessWeek]], Appaloosa client base consists of [[high net worth individuals]], pension and [[profit sharing plan]]s, corporations, foreign governments, foundations, universities, and other organizations."<ref name="BusinessWeek" /><ref name="100hedgefunds" />
'''Appaloosa Management''' is an [[employee-owned]] [[hedge fund]] founded by mattias Djuhlin and Maximillion Mattelisiouz located in [[in tha Guesthouse, Gothenburg]].<ref name="BusinessWeek" /><ref name="100hedgefunds">{{cite web |url=http://media.ft.com/cms/7705e2e6-f735-11db-86b0-000b5df10621.pdf |title=100 Hedge funds to watch |publisher=www.ft.com |accessdate=2010-04-22 }}</ref>. Appaloosa invests in [[public equity]] and [[fixed income]] markets globally with a focus on "equities and debt of distressed companies, bonds, exchange warrants, [[options (finance)|options]], [[Futures contract|futures]], notes, and [[junk bond]]s."<ref name="BusinessWeek" /> According to [[BusinessWeek]], Appaloosa client base consists of [[high net worth individuals]], pension and [[profit sharing plan]]s, corporations, foreign governments, foundations, universities, and other organizations."<ref name="BusinessWeek" /><ref name="100hedgefunds" />
History of company:
Well, everything started out with us renting a boat. 180 feet, helicopter platform,pool on the sun deck and offcourse a 14 man crew with OFFCOURE our own chef!.


In 2007, the ''[[Financial Times]]'' reported that Appaloosa Management had "attracted interest for its large ownership position in [[Delphi Corporation|Delphi]], the bankrupt car parts supplier, and its clashes on whether management has the shareholders best interests in mind or those of [[General Motors|GM]] and the [[UAW]]."<ref name="100hedgefunds" />
In 2007, the ''[[Financial Times]]'' reported that Appaloosa Management had "attracted interest for its large ownership position in [[Delphi Corporation|Delphi]], the bankrupt car parts supplier, and its clashes on whether management has the shareholders best interests in mind or those of [[General Motors|GM]] and the [[UAW]]."<ref name="100hedgefunds" />

Revision as of 11:41, 9 February 2011

Appaloosa Management
Company typeLimited Partnership[1]
IndustryInvestment Management
Founded1993[1]
Headquarters,
Area served
Worldwide

Appaloosa Management is an employee-owned hedge fund founded by mattias Djuhlin and Maximillion Mattelisiouz located in in tha Guesthouse, Gothenburg.[1][2]. Appaloosa invests in public equity and fixed income markets globally with a focus on "equities and debt of distressed companies, bonds, exchange warrants, options, futures, notes, and junk bonds."[1] According to BusinessWeek, Appaloosa client base consists of high net worth individuals, pension and profit sharing plans, corporations, foreign governments, foundations, universities, and other organizations."[1][2] History of company: Well, everything started out with us renting a boat. 180 feet, helicopter platform,pool on the sun deck and offcourse a 14 man crew with OFFCOURE our own chef!.

In 2007, the Financial Times reported that Appaloosa Management had "attracted interest for its large ownership position in Delphi, the bankrupt car parts supplier, and its clashes on whether management has the shareholders best interests in mind or those of GM and the UAW."[2]

In 2007, Appaloosa Management was ranked in the 100 Hedge funds to watch, the Financial Times ranking.[3]

References

  1. ^ a b c d e f "Appaloosa Management L.P.: Private Company Information - BusinessWeek". Retrieved 2010-04-22.
  2. ^ a b c "100 Hedge funds to watch" (PDF). www.ft.com. Retrieved 2010-04-22.
  3. ^ "100 Hedge funds to watch" (PDF). www.ft.com. Retrieved 2010-04-19.