Hedge Funds

Tepper gives to . . . basketball?


David Tepper, president and founder of $4 billion Appaloosa Management, recently made a $1 million gift to the University of Pittsburgh, his alma mater.

 David Tepper

"The overwhelming part is for scholarships and the philosophy and history departments," says Tepper. A small portion has also been set aside for the men's basketball program, although Tepper says he never played basketball. "That was my worst sport. I was much better at football and baseball."