{"id":69405,"date":"2019-05-24T01:25:15","date_gmt":"2019-05-24T05:25:15","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=69405"},"modified":"2019-05-24T01:16:37","modified_gmt":"2019-05-24T05:16:37","slug":"hedge-fund-manager-david-tepper-plans-to-send-investors-money-back","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2019\/hedge-fund-manager-david-tepper-plans-to-send-investors-money-back.html","title":{"rendered":"Hedge fund manager David Tepper plans to send investors&#8217; money back"},"content":{"rendered":"<p>(Reuters) &#8211; Billionaire David Tepper plans to turn his hedge fund Appaloosa Management into a family office where he will invest his personal fortune and return capital to outside clients at some point, a person familiar with his plans said on Thursday. Appaloosa, which was founded by Tepper, has gained an average of 25% each year for more than a quarter century and manages $13 billion in capital. <\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-hedgefunds-appaloosa\/hedge-fund-manager-david-tepper-plans-to-send-investors-money-back-idUSKCN1ST1VB\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Billionaire David Tepper plans to turn his hedge fund Appaloosa Management into a family office where he will invest his personal fortune and return capital to outside clients at some point, a person familiar with his plans said [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-69405","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=69405"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69405\/revisions"}],"predecessor-version":[{"id":69406,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69405\/revisions\/69406"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=69405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=69405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=69405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}