Appaloosa's Tepper to seed Duquesne spinout with $100m-plus

Fri Apr 7, 2006



With pedigrees that include very profitably managing more than $500 million of distressed assets for Stanley Druckenmiller's Duquesne Capital Management, Kevin Eng and Howard Kaminsky could be expected to attract plenty of attention for their planned hedge fund.

Add to that an unusual move by Appaloosa Management founder David Tepper...

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